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 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: 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
Cross-border Financing 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 of...
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...