Start a business in North Macedonia
North Macedonia is recognized for its favorable economic environment and friendly conditions for business owners, presenting numerous opportunities to bring your vision to life. Our organization is dedicated to supporting you at every step, offering expert guidance and assistance to ensure a seamless and successful start for your business.
Steps and solutions
Our systematic approach simplifies the process of establishing a business in North Macedonia. We provide tailored solutions that accelerate the journey to success, covering everything from selecting the most suitable corporate structure to delivering comprehensive support with registration, licensing, banking, and additional services.
Determine business activities
One of the essential steps in launching a business is identifying its business activities. This involves outlining the main functions, services, or products the company plans to provide or pursue. Offering a precise description of these activities is important not just for meeting legal requirements, but also for creating a distinct identity for the business. We provide support in starting businesses across various industries, including but not limited to:
- Aviation
- Bank
- Blockchain
- Business support
- Cars and vehicles
- Construction
- Consulting
- Distribution
- DIY retail
- Education
- Electronics retail
- Energy
- Farming
- Finance
- Fitness
- Food and beverage retail
- Freight and package transportation
- Healthcare
- Hotels and motels
- Information technology
- Laboratory
- Logistics
- Manufacturing
- Marketing
- Media
- Minerals
- Printing
- Publishing
- Real-estate
- Restaurant
- Tourism and travel
Choosing the right legal entity type
Choosing the appropriate legal entity structure is the first step in setting up your business. There are several options to consider, such as Limited Liability Company (ДОО), Joint Stock Company (АД), Branch Office, and Holding Company in North Macedonia. Each type of legal entity has its own ramifications related to liability, tax responsibilities, and flexibility in operations. Consulting with legal professionals and performing comprehensive research is essential to identify the best structure that aligns with your company’s objectives.
Conducting thorough market research
The experts will assist you in conducting comprehensive market research and provide invaluable insights into consumer preferences, market trends, and competitive analysis. With this knowledge, you can develop a strong business plan and create a strategic presence in the industry.
Setup legal address
The knowledgeable team will guide you through the licensing requirements, clarify the necessary permits, and assist you with the application process. We will ensure that you acquire all the required licenses.
Applying for required licenses
The knowledgeable team will guide you through the licensing requirements, clarify the necessary permits, and assist you with the application process. We will ensure that you secure all the essential licenses.
Opening a business bank account
The team will assist you in selecting a reliable bank and will guide you through the account opening procedure. We will support you with the necessary documentation, manage correspondence with the bank for you, and ensure that your corporate account is tailored to your specific needs.
Registering your business
The experienced team will assist you with every aspect of the registration process, such as preparing and submitting the required documents. We will streamline the registration process to conserve your time and effort, allowing you to focus on growing your business.
Setting up accounting
The experts will assist you in setting up effective accounting systems and procedures, making sure you keep accurate financial records and comply with accounting standards. We will provide support in everything from bookkeeping to preparing financial statements, enabling you to manage your company’s finances successfully.
Business landscape in North Macedonia
The economic reforms and prospects in manufacturing and technology in North Macedonia make it a desirable location for companies aiming for expansion. Its strategic position, cost competitiveness, and government support for foreign investment offer many benefits for businesses wanting to set up operations in the area.
Start a business with us
Our team is completely prepared to assist you throughout all stages of starting a business in North Macedonia. When you are ready to begin, contact us using the form below to get more information and schedule a consultation. Let us be your reliable advisors as you explore the unique opportunities in North Macedonia, turning your entrepreneurial goals into real achievements.