Mar 21, 2025 | Author: Vedran Lalicic, Business law
Legalization of Technical Equipment in Technological Industrial Development Zones (TIDZ) Important Update: Amendments to the Law on Technological Industrial Development Zones (TIDZ) On March 17, 2025, amendments to the Law on Technological Industrial Development Zones...
May 20, 2024 | Author: Vedran Lalicic, Business law
Understanding the Role of a VAT Tax Representative in North Macedonia Since 1 January 2024, foreign entities conducting taxable transactions in North Macedonia are required to appoint a VAT tax representative. This obligation was introduced by Article 9-b of the Value...
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: Vedran Lalicic, Business law, Legal Blog
Tax Inspections by the Public Revenue Office in North Macedonia KEY TAKEAWAYS The Public Revenue Office (PRO) conducts two types of inspections: external controls and tax audits. External controls are increasing: 3,113 in 2024 → 4,003 in 2025 → 669 in Q1 2026 alone....
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...