May 20, 2024 | Author: Martin Boshkoski, Employment Law, Legal Blog
Navigating the Work Permit Quota for Foreign Workers in North Macedonia North Macedonia, like many countries, regulates the employment of foreign nationals to ensure a balanced and efficient labor market. For 2024, the Government of North Macedonia has set a clear...
May 18, 2024 | Author: Vedran Lalicic, Legal Blog
Legal Due Diligence in Real Estate Transactions: Best Practices in North Macedonia Real estate transactions are significant investments that require meticulous attention to legal details. Conducting thorough legal due diligence before any property transaction in North...
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...
Mar 22, 2024 | Author: Martin Boshkoski, Business law, Legal Blog
Tax inspections by the Public Revenue Office Tax inspections in North Macedonia conducted by the Public revenue office are a fundamental mechanism for ensuring the fulfillment of tax obligations by both legal and natural persons within the Republic. These inspections...
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...
