Legal Health Check – North Macedonia
A Legal Health Check (LHC) is a structured compliance review of your company’s legal position in North Macedonia — covering corporate governance, contracts, employment, intellectual property, data protection and sector-specific regulatory obligations. It identifies risks before they become problems and gives management a clear picture of where the company stands legally. This page is part of our practice in business and corporate law. For a broader overview of the due diligence process, see our guide on legal due diligence in North Macedonia.
A legal health check is a comprehensive review of your business’s legal documents, contracts, policies, and procedures. This check is designed to identify any legal issues or risks that may be present in your business. By having your business checked, you can identify potential legal problems before they arise and take steps to prevent them.
If you are running a business in North Macedonia, it is important to ensure that you are compliant with all relevant laws and regulations. A LHC can help you identify any areas where you may be falling short and provide guidance on how to get back on track.
During a LHC, our team of experts will assess your compliance with laws and regulations related to business, corporate governance, employment, intellectual property, data protection and privacy, and more. We will review your contracts, policies, and procedures to identify any areas of risk or non-compliance, and provide recommendations for how to address these issues.
Risk Assessment
One key aspect of a LHC is risk assessment. We will help you identify potential legal risks that your business may face, and provide guidance on how to mitigate these risks. This could include ensuring that your contracts are properly drafted and reviewed, implementing data protection and privacy policies and procedures, and conducting due diligence on potential business partners or vendors.
Regulatory Framework Review
Another important component of a LHC is a review of your regulatory framework. We will ensure that you are compliant with all relevant laws and regulations, including those related to business formation, corporate governance, employment law, and more. This can help you avoid costly legal issues, such as fines or legal disputes.
Overall, a LHC can provide peace of mind and ensure that your business is on solid legal footing. Our team of experts in North Macedonia can help you navigate the complex legal landscape and ensure that you are compliant with all relevant laws and regulations.
Benefits of a Legal Health Check
- Identifying potential legal risks and problems before they arise: a Legal Health Check can help you identify areas of your business that may be at risk of legal problems. By identifying these risks early, you can take steps to prevent legal issues from arising.
- Ensuring compliance with legal requirements: a Legal Health Check can help you ensure that your business is complying with all legal requirements. This can include employment law, data protection law, and health and safety regulations.
- Improving your business’s efficiency: by reviewing your legal documents and contracts, a Legal Health Check can help you identify areas where your business can be more efficient. This can include streamlining your contracts or improving your policies and procedures.
Practical Checklist
When scheduling or preparing for a Legal Health Check, verify the following areas are covered: (1) Corporate governance — company agreement, UBO register, Central Register entries, shareholder resolutions and related-party transaction approvals. (2) Contracts — review of all significant commercial contracts, supplier agreements, leases and service agreements for risk clauses, automatic renewals and unlimited liability provisions. (3) Employment — employment agreements registered with the Employment Agency, internal labor acts (rulebook, job systematization), salary and benefits compliance, labor inspectorate obligations. (4) Data protection — internal data protection policy, data register, legal basis for processing personal data, technical and organizational safeguards in place. (5) Intellectual property — trademarks, patents and copyrights registered and owned by the company, not by individuals. (6) Regulatory and sector-specific — any sector-specific licenses, permits or supervisory obligations (market inspectorate, labor inspectorate, National Bank, etc.) are identified and tracked.
Frequently Asked Questions
What is included in a Legal Health Check?
A Legal Health Check covers: corporate governance and Central Register compliance; review of significant contracts and agreements; employment law compliance including internal labour acts; data protection framework; intellectual property rights; and any sector-specific regulatory obligations applicable to the company’s activities.
How often should a company have a Legal Health Check?
For most companies, a Legal Health Check is recommended at least once every two years, or when significant changes occur — such as a change in ownership or management, entering a new line of business, signing major contracts, or preparing for an investment or acquisition.
Is a Legal Health Check the same as legal due diligence?
They are related but distinct. Legal due diligence is typically conducted on a target company in the context of a transaction (merger, acquisition, investment). A Legal Health Check is a proactive internal review of your own company’s legal position, conducted to identify and address risks before they surface in a transaction or dispute.
What does Lalicic & Partners use during the Legal Health Check?
Our firm has developed dedicated software for conducting a Legal Health Check, which structures the review across all key compliance areas and produces a documented risk assessment. This tool is also used during legal due diligence reviews of target companies in North Macedonia.
What happens after the Legal Health Check?
After the review, we provide a structured report identifying any areas of risk or non-compliance, together with prioritised recommendations for remediation. Where immediate action is needed, we can assist with drafting or updating the relevant documents, contracts or policies.
Need legal guidance?
To schedule a Legal Health Check for your business in North Macedonia, the team at Lalicic & Partners is at your disposal. Contact us through our website.
Note: The above does not constitute legal advice and in no way can be accepted or understood as an instruction to act in a specific case. Each legal situation has its own characteristics that should be reviewed at separately, and for that reason we recommend that you contact a professional – a lawyer – for legal advice.