You can register a company in North Macedonia in a matter of days. Most businesses choose a limited liability company (DOO or single-member DOOEL), which requires EUR 5,000 in share capital that you can pay within one year of registration. Foreigners can own and manage a company 100%, with no residency required, and registration is handled electronically through the Central Registry's One-Stop-Shop System. Corporate profit tax is a flat 10% — among the lowest in Europe.
Why register a company in North Macedonia
North Macedonia is one of the most accessible places in Southeast Europe to start a business. The country offers a flat 10% corporate profit tax and a flat 10% personal income tax — among the lowest rates in Europe — and free-trade access to more than 650 million consumers through agreements with the EU (Stabilisation and Association Agreement), CEFTA, and EFTA. Its location on major European transport corridors, a multilingual workforce, and a low cost of living make cities like Skopje, Bitola, Ohrid, and Tetovo attractive bases for technology, services, manufacturing, and trade.
Registration itself is fast and largely electronic. The Central Registry of the Republic of North Macedonia operates a One-Stop-Shop System that lets you register your company, obtain a tax number, and complete several formalities in a single coordinated process. For founders who want to relocate, owning and managing a company can also open a path to a residence permit.
Minimum share capital
For a DOO or DOOEL, the minimum share capital is EUR 5,000 (in denar equivalent). An important practical point: you do not have to deposit the full amount before the company exists. The capital can be paid in cash or contributed in kind (equipment, vehicles, real estate), and the law allows it to be paid within one year of registration. In-kind contributions must be independently valued. A simplified LLC (PDOO) requires only EUR 1, and a sole proprietor (TP) requires no minimum capital at all.
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Where to go next
This guide is the starting point. From here, choose the path that fits your situation:
- Compare the legal forms — DOO, DOOEL, PDOO, AD, sole proprietor and branch.
- The step-by-step registration process — documents, cost and timeline.
- Registering as a foreigner — 100% ownership, residence permits and FDI.
- Taxes for companies — profit tax, VAT and contributions.
