Invest in North Macedonia
  • 001
  • 002
  • 003
  • 004
  • 005
  • 006
  • 007
  • 008
  • 009
  • 010
  • 011
  • 012
  • 013
  • 014
  • 015
  • 016
  • 017
  • 018
  • 019
  • 020
  • 021
  • 022 Prespa Lake
  • 023
  • 024 Kozuv
  • 025 Dojran Lake
  • 026 Kokino
  • 027 Title
  • 028 - Охридски бисер
AsTursit   Biznis   INVEST
  • Benefits of Investing in Republic of Macedonia
  • Work Visas/Permits

Benefits of Investing in Republic of Macedonia

Technological–Industrial Development Zones (TIDZs) are centres in which highly productive clean manufacturing activities are concentrated and new technologies are developed.

Macedonia offers additional incentives for development in the TIDZs, in addition to those normally associated with free economic zones. Investors in TIDZs are entitled to personal and corporate income tax exemption for the first 10 years.

Investors are exempt from payment of value added tax and customs duties for goods, raw materials, equipment and machines. Moreover, up to €500.000 can be granted as incentive towards building costs depending on the value of the investment and the number of employees. Land in a TIDZ in Macedonia is available under long-term lease for a period of up to 99 years.

Other benefits include completed infrastructure that enables free connection to natural gas, water, electricity and access to a main international road network. Investors are also exempt from paying a fee for preparation of the construction site. Fast procedures for business activity registration are provided in TIDZ that further reduce the costs of setting up.

The aim of the TIDZ is to support the development of high modern technologies through an application of the highest environmental standards. The establishment, development and monitoring of the zones is carried out by the Directorate for Technological Industrial Development Zones >>

There are currently four operational TIDZs in Macedonia – two in Skopje and one in Tetovo and Stip, respectively. In addition, there are seven planned zones in the following cities: Prilep, Gevgelija, Kichevo, Strumica, Rankovce, Struga and Radovish. Find an interactive map here >>

Work Visas/Permits

Foreign residents can easily establish employment in the Republic of Macedonia, after getting an appropriate visa or permit from the Ministry of Foreign Affairs, i.e. Diplomatic-consular offices abroad.

Nationals of EU member-states, as well as nationals of the state-parties to the Schengen agreement may enter the Republic of Macedonia presenting a valid identity card issued by the competent authorities of the EU member-states or of the state-parties to the Schengen agreement.

Type of visas:

- Entry visa
- Business visa
- Employment visa

Visa requirements and procedure:

- Visas shall be issued only at the embassies or consulates of the Republic of Macedonia abroad
- The validity of the passport or other travel document of the applicant has to be minimum 3 (three) months
- The applicant is to contact an embassy or the consulate of the Republic of Macedonia for additional information about the conditions and procedure for visa issuance
- The application may be submit to the embassy/consulate of the Republic of Macedonia by post mail or by fax, in which case the applicant must collect the visa in person
- Using the list of diplomatic and consular missions of the Republic of Macedonia abroad (which can be found at link >>). Visa applicants can choose the most convenient embassy/consulate to submit the application.

Types of permits:

- Work Permit
- Residence Permit

For more information: - Visas and Work Permits for Foreigners