Registering a Company in Macedonia

Macedonia has introduced a ONE – STOP – SHOP SYSTEM that enables investors to register their businesses after 4 hours of submitting on application (in practice, it might take 1-2 business days).
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Work Visas/Permits

Foreign residents can easily establish employment in the Republic of Macedonia, after getting an appropriate visa or permit from the Ministry of Foreign Affairs, i.e. Diplomatic – consular offices abroad.
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Licenses and Permits

In addition to the registration of all business activities as stipulated by the Company Law, some business activities must obtain additional working licenses or permits before starting their operations.
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Acquiring Property

Foreign companies and foreign citizens can directly own construction land in Macedonia. If the foreign company registers a local company according to Macedonian law, it can acquire land with full ownership rights similar to a domestic company.
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Right to Private Ownership and Establishment

The Constitution of the Republic of Macedonia guarantees an investor’s right to property. No person may be deprived of his/her property or the rights deriving from it, unless the use of that property affects the general welfare of the public.
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The Company Law

The Company Law is the primary law regulating business activity in Macedonia. It defines the types of companies, as well as the procedures and regulations for their establishment and operations.
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Law on Investment Funds

The Law on Investment Funds governs the conditions for the incorporation of investment funds and investment fund management companies. It also regulates the manner in which a company operates and exercises supervisory control of these operations, and the process of selecting a depository bank.
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Competition

The Macedonian Law on Competition ensures that the task of the right of competition is to prevent certain practices and business activities on the market, which certain undertakings will use to achieve an unjustified advantage compared to other undertakings, and to jeopardize the free competition among undertakings.
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Monopolies and Antitrust

The Law against Unfair Competition (LAUC), drafted on the basis of The German Act against Restraints on Competition, came into force on 1 April 2000, thus establishing the Monopoly Authority (MA) as a body within the Ministry of Economy.
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Securities Market

The Central Securities Depository (CSD) records the existence of an ownership of shares and associated transactions. The CSD has greatly improved the efficiency of the capital markets and the rights of minority shareholders in companies.
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Environment Protection

Considerable steps are taken to establish a system of integrated permits for industrial facilities considered to be significant polluters.
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