Macedonia is an independent state located on the Balkan Peninsula in southeastern Europe. This jurisdiction is recognized for the economy linked to Europe as a customer of exports and source of investment. Macedonia is an ideal destination for foreign investors thanks to the 10% single rate tax.

The limited liability company with abbreviated as (DOO) “Drushtvo so Ogranichena Odgovornost” it is the most widely used business entity by foreign entrepreneurs wishing to set up a business in the jurisdiction. A limited company in Macedonia is made up of two or more entrepreneurs with different responsibilities established within the company.

The limited partnership with shares is based at least three shareholders, general partners and silent partners. The based capital is divide into shares and is based on a minimum social amount of 5,000 euros and with a limited number of shareholders that cannot be greater than 50.

It is important to take into account when setting up a limited liability company is that the main documents of the company are the Articles of Association and the Memorandum of Association, the owners must appoint an administrative board of the company, the minimum share capital is deposited in a previously opened bank account and the Limited Liability Company must be registered for tax purposes and social contributions.

Macedonia is an ideal destination if you want privacy and confidentiality as it is not a signatory to the automatic exchange of information in accordance with the Common Information Standard.
If you wish to register a company in Macedonia in Foster Swiss we can advise you. We help you in practically everything: we provide advice from the moment you choose a corporate structure for your company until even one year after you have formed your company. And of course we take care of the whole process for you.

For more information on this topic or any requirement related to our services, you can contact directly through  info@fosterswiss.com