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The Central Registry of the Republic of Macedonia

Updated on Thursday 28th June 2018

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The-Central-Registry-of-the-Republic-of-Macedonia refacut.jpgSince 2006, Macedonia has a very well implemented and centralized company registration procedure with the help of a one-stop-shop, the Central Registry of the Republic of Macedonia. In other words, the government of Macedonia successfully eased the path for foreign investors willing to operate in this country under varied business forms available. Because the company registration process is easy and less bureaucratic, local and foreign investors enjoy the benefits of establishing their activities in Macedonia. Considering the situation and for breaking the language barrier, we suggest you talk to one of our company formation specialists in Macedonia for assistance and information at registration of your firm and particularly with the Central Registry of the Republic of Macedonia.

 

Information about the Central Registry of the Republic of Macedonia

 
Instead of submitting the documents with all kinds of institutions, Macedonia offers the possibility of carrying the registration procedure in just one place. At the moment, foreigners can set up their businesses with the following register offices:
 
  • •    Register for Real Estate Investment;
  • •    Register of Direct Investment;
  • •    Register of Property;
  • •    Register of Annual Accounts.
 
These registers help foreign entrepreneurs in the registration process and with updated information regarding the steps involved. Moreover, the Central Registry of the Republic of Macedonia has its database linked with the European Business Registers for a proper communication and complete access to any desired information about the types of businesses any investor wants to settle. When deciding for the suitable business form in Macedonia, the recommendation is to ask for support and guidelines from our Macedonian company incorporation agents, in order to adopt a fast start on the market for your activities.
 

What types of companies are available in Macedonia?

 
Local and foreign investors in Macedonia can choose from business entities like:
 
  • •    limited liability company;
  • •    joint stock company;
  • •    general or limited partnership;
  • •    limited partnerships with shares;
  • •    sole proprietorships.
 
Business persons in Macedonia usually decide on the limited liability company and its simple structure. In any case, the registration is made through the Central Registry of the Republic of Macedonia and its important subdivisions. If you are planning to expand the operations in Macedonia, do not hesitate to ask our advisors for help. Our team can also provide you with business consulting, tax advice or accounting services for your company in Macedonia.
 

What information do the Articles of Association comprise?

 
The Articles of Association are the most important documents when establishing a company in Macedonia. The following information is comprised by such act:
 
  • •    the name of the business after a verification in this matter;
  • •    the name of the owners, their nationality, and country of residence;
  • •    the business address on the newly-formed company in Macedonia;
  • •    the board of directors appointed by the shareholders of the company;
  • •    the company’s activities and purposes, as established before the company registration;
  • •    the minimum share capital and the contribution of each member involved.
 
Also, your company will be registered with the Employment Agency, if you will hire staff, and with the Public Revenue Office Tax for tax purposes. Because the Central Registry of the Republic of Macedonia has an easy structure, the registration does not take long. Furthermore, if you decide on changing the business structure, it is suggested to report everything to the Central Registry. As for the annual financial statements, these can be submitted via the internet through the institution’s official website.

 

Information verification with the Central Registry of the Republic of Macedonia

 

The procedure of searching through database requires the creation of a new account on the website. The information can be searched using the company name or other relevant keywords. Also, an extract can be obtained by visiting in person one of the Central Registry offices.
 

How can I register a DOO in Macedonia?

 
The limited liability company in Macedonia, or the DOO (Drushtvo so Ogranichena Odgovornost) as it is known, is the preferred business structure in this state and can be registered for a minimum share capital of EUR 5,000. This can be set up by at least one shareholder and if the Memorandum of Association and the Articles of Association are drafted to the Central Registry of the Republic of Macedonia. If these documents are accepted, the business will have a certificate of registration and a company registration number. Instead of dealing with possible misunderstandings when forming an LLC in Macedonia, we suggest talking to one of our company formation representatives in Macedonia.
 

Do foreign investors need to be in Macedonia for company registration?

 
No, foreign entrepreneurs do not need to travel to Macedonia for a company formation at the Central Registry of the Republic in Macedonia. You may get in touch with our consultants who can act on behalf of your future company, with a power of attorney.
 
Our company formation agents in Macedonia are at your disposal with complete information about how to register your business with the Central Registry of the Republic of Macedonia. Please feel free to contact us for support.
 

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