If you are a single founder, the DOOEL is the form you will most often choose for company registration in North Macedonia. It is the one-person version of the DOO and works the same way in nearly every respect.
What is a DOOEL?
A DOO with exactly one founder. It carries the same EUR 5,000 minimum capital and the same limited-liability protection. This is the typical structure for a solo entrepreneur or a wholly-owned subsidiary.
Minimum capital and liability
The minimum share capital is EUR 5,000 (in denar equivalent), which can be paid in cash or in kind and may be paid within one year of registration. Your liability as the sole member is limited to your contribution — your personal assets are protected, unlike a sole proprietor (TP) who is personally liable with their entire estate.
Steps to register a DOOEL
- Decide on your capital contribution (cash or in kind) and reserve a unique company name plus activity code (NKD).
- Prepare and notarize the founding statement (izjava za osnovanje), the decision appointing the manager, and the statutory statements under the Law on Trade Companies.
- File electronically with the Central Registry through the One-Stop-Shop System.
- Receive your registration decision and tax number (EDB), then produce the seal and open a bank account.
Documents required for a DOOEL
- Founding statement (izjava za osnovanje)
- Copy of the ID card or passport of the founder
- For a corporate founder: extract from its commercial register (apostilled and translated for foreign entities)
- Proof of the share-capital payment (or the agreement to pay within one year)
- Decision appointing the manager and the statutory statements under the Company Law
Frequently asked questions
What is a DOOEL?
A DOOEL (Друштво со ограничена одговорност на едно лице) is a single-member limited liability company — a DOO with exactly one founder. It carries the same EUR 5,000 minimum capital and the same limited-liability protection.
How much capital does a DOOEL need?
EUR 5,000 minimum share capital, the same as a DOO, payable in cash or in kind within one year of registration.
Can one person own a company in North Macedonia?
Yes — the DOOEL exists precisely for this. A single individual or a single legal entity can found and own the whole company while keeping liability limited to the capital contributed.