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How do I register a company?


You can register a company in Macedonia by visiting a single counter and addressing a single employee. The one-stop-shop system for registering a company operates within the Central Register via 32 electronically integrated offices located throughout Macedonia.

How long does it take to register a business?


You can register a business in Macedonia in just 4 hours.

How much does it cost to register a company?


The Central Register fee for registering a limited liability company is €42. You can expect minimal additional expenses for court translations and notary certifications of the required documents (around €5 per page).

Are there any additional mandatory fees before I can begin doing business in Macedonia?


Minor fees are incurred to obtain mandatory licenses before operation of the business can begin in the country. After registering with the Central Register you do not have to pay any additional fees.

What types of companies can I register in Macedonia?


The most common types of companies are limited liability companies, joint stock companies, representative offices and branches.

What documents do I need to register a company?


When registering company as a physical entity, the following documents are required before you go to the Central Register:
- copy of your passport certified by a notary
- court translation of your passport in Macedonian certified by a notary.

All other necessary documents will be provided at the Central Register. We suggest that you arrive prepared with several different names for the company, in case your first preference is not available.

 

When registering company as a legal entity the following documents are required:
- the registration of the mother company certified by a notary
- court translation of the registration of the mother company certified by a notary.

Do I need to hire a lawyer to register my business?


No, you are not obliged you to hire a lawyer to register a business. The Central Register provides free on-site legal assistance. However, a lawyer would be helpful as your business grows in Macedonia.

What is the minimum capital requirement for registering a company in Macedonia?


You do not have to deposit any money to establish a company. The minimum capital requirement of €5,000 for a limited liability company has to be deposited within one year of founding in one of two ways:
- Monetary contribution through remittances in domestic commercial banks in temporary accounts;
- In-kind contribution appraised by an authorized Macedonian appraiser.

How do I open a bank account in Macedonia?


To open a bank account in a commercial bank in Macedonia you need the following documents, in original or notary certified:
- written request for opening the account,
- certificate from the company register not older than 6 months
- evidence of assigned tax number.

Neither the owner nor the manager of the company needs to be personally present at the bank when opening the account.

For persons authorized to use the account you need:
- identification document, and
- written authorization signed by the legal representative.

In which cases do I need additional approvals for operating out of Macedonia?


To operate in certain fields, such as pharmaceuticals, banking, insurance, and educational activities, the company registration process is followed by a licensing process with the relevant authorities. The employees in the Central Register are trained to direct newly registered companies to the appropriate licensing authorities.
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