North Macedonia flag North Macedonia: Operating a Business in North Macedonia

Starting a business in North Macedonia

Legal Forms of Companies

General Partnership
Number of partners: Minimum of 2 partners
Capital (max/min): No minimum required
Shareholders and liability: Unlimited
Limited Partnership
Number of partners: Minimum of 2 partners
Capital (max/min): No minimum required
Shareholders and liability: Active partners have unlimited liability
Limited Liability Company (D.O.O.)
Number of partners: Less than 50
Capital (max/min): EUR 5,000
Shareholders and liability: Liability is limited to the amount contributed
Joint-Stock Company
Number of partners: Minimum of 1 and up to 50.
Capital (max/min): EUR 25,000 for companies incorporated simultaneously
and EUR 50,000 for companies incorporated successively.
Shareholders and liability: Liability limited to the amount of  the partner's investment in the company.

Business Setup Procedures

Setting Up a Company North Macedonia Eastern Europe & Central Asia
Procedures (number) 6.0 5.3
Time (days) 15.0 11.8

Source: Doing Business - Latest available data.

 
The Competent Organisation
Enterprises are registered at the Central Registry from the Ministry of Economy.
For Further Information
Consult Doing Business Website, to know about procedures to start a Business in North Macedonia
Trade register

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Latest Update: September 2022