May 18, 2024 | Author: Vedran Lalicic, Business law, Legal Blog
Understanding Legal Due Diligence: A Comprehensive Guide for Businesses in North Macedonia Legal due diligence is an essential step before any significant business transaction in North Macedonia — whether a merger, acquisition, partnership or investment. It identifies...
Mar 22, 2024 | Author: Vedran Lalicic, Business law, Legal Blog
Capital gain tax on sale of real estate in North Macedonia When you sell real estate in North Macedonia for more than you paid for it, the profit is subject to capital gains tax. Understanding the 10% rate, the key exemptions, and the reporting deadlines is essential...
Feb 27, 2024 | Author: Vedran Lalicic, Business law, Legal Blog
RELATED-PARTY TRANSACTIONS IN NORTH MACEDONIA If your company in North Macedonia takes a loan from a foreign source — including from a related foreign entity — you are legally required to notify the National Bank of North Macedonia. This obligation applies regardless...
Oct 9, 2023 | Author: Vedran Lalicic, Employment Law, Legal Blog
Salary Allowances for Private sector Employees in North Macedonia Understanding your salary entitlements as a private sector employee in North Macedonia is essential — the Law on Labor Relations and the General Collective Agreement set out specific allowances that...
Oct 8, 2023 | Author: Vedran Lalicic, Legal Blog
Foreign Court Decision in North Macedonia If you have obtained a court decision abroad and need it to be recognized and enforced in North Macedonia, the process is governed by the Law on Private International Law. Only after a foreign court decision has been formally...
Oct 5, 2023 | Author: Vedran Lalicic, Law Answered Blog, Legal Blog
Property Acquired During Marriage Everything you need to know When two people enter into a marriage, their financial lives become intertwined in ways that are not always obvious. Understanding how property is treated during marriage – and especially on divorce – is...