Can business in North Macedonia change it’s legal entity type?

Certainly, a business operating in North Macedonia has the ability to alter its legal structure. The process of changing a business’s legal entity type includes multiple stages such as seeking advice from experts, establishing a new entity, transferring assets and operations, dissolving the previous entity, and informing stakeholders. The steps involved can differ based on the existing and desired business structures and regulations. It is essential to seek guidance from professionals and guarantee that all procedures are executed accurately to prevent any severe legal and financial consequences.