May 7, 2026 | Author: Angela Andonova, Authors - ENG, Business law, Legal Blog
The Importance Of Contractual Penalty In Contractual Relationships A contractual penalty clause is one of the most practical tools available to parties negotiating a contract in North Macedonia. It predetermines the financial consequences of non-performance, late...
Apr 23, 2026 | Author: Angela Andonova, Business law, Legal Blog
Permanent Establishment in North Macedonia: A Guide for Foreign Companies KEY TAKEAWAYS A permanent establishment (PE) arises when a foreign company has a fixed place of business in North Macedonia through which it carries out activities — wholly or partially. PE...
Apr 21, 2026 | Author: Angela Andonova, Employment Law, Legal Blog
Work Of Foreign Nationals Without A Residence Permit KEY TAKEAWAYS General rule: foreign nationals working in North Macedonia must hold a residence permit for employment or a work permit. Exception: the ‘registration of work’ regime allows short-term work...
Apr 17, 2026 | Author: Vedran Lalicic, Business law, Legal Blog
Managers in North Macedonia: 7 Compliance Risks That Arise in Practice Being appointed as a manager of a company in North Macedonia comes with significant legal responsibilities — and significant personal exposure if those responsibilities are not met. The Company Law...
Mar 18, 2026 | Author: Vedran Lalicic, Business law, Legal Blog
Division of a Company (Spin-off to Existing Company) A division of a company by way of demerger with transfer represents a form of status change regulated under the Law on Trade Companies. Through this status change, part of the assets and liabilities of the company...
Mar 21, 2025 | Author: Vedran Lalicic, Business law
June 2026 Amendments to the Law on Technological Industrial Development Zones KEY TAKEAWAYS • The amendment published in Official Gazette No. 132/2026 entered into force on 17 June 2026. • Articles 34-a to 34-s, which regulated confirmation of structures and technical...
