The Kumanovo Municipality
is the largest in Macedonia
and a solid business and financial center which welcomes foreign investors
who want to explore the possibilities in the city’s prolific industries, where the agriculture and the tourism play significant roles when deciding for company formation
. If you are a foreign investor
who wants to set up the operations in Kumanovo
, you can solicit complete assistance and information at the time of company incorporation in Macedonia
to properly start the activities. In this sense, your inquiries can be directed to our team of company formation agents in Macedonia
through the local representatives.
What types of companies can you open in Kumanovo?
Kumanovo can be a proper business destination in Macedonia for those who want to develop their operations outside their home country. The preferred business entities in this country are the following:
• joint stock companies (can be created by a foreigner and a local business person);
• limited and general partnerships (partners have different liabilities in such structure);
• sole proprietorships (for foreign business persons who want to activate as sole traders).
Having a centralized Trade Register created as a one-stop-shop entity, foreigners can easily open companies in Kumanovo, regardless of the chosen structure.
What are the requirements for company incorporation in Kumanovo?
The Articles of Association are the important documents which stand at the base of any company formation in Kumanovo. These must contain information like:
• the name and the nationality of the owners (including residency);
• the name of the business in Kumanovo (a verification is necessary in this sense;
• the business address (available condition for all types of companies);
• the business type (the structure through which you can activate);
• the minimum share capital (provided when opening a bank account);
• the type of operations (details about the activities you intend to perform);
• the board of managers (the owners can also be the directors of the company).
When preparing such documents, it is best to ask our team of advisors for support in this matter.
Company formation services we can offer in Kumanovo
Considering the competitive business market in Macedonia and the multitude of opportunities in this sense, foreign investors are interested in setting up their activities as fast as possible. Instead of wondering how things work at the time of company registration, we suggest you keep in mind that our advisors can offer assistance in the following:
• the preparation of documents (Articles of Association and other internal documents)
• support for VAT registration (companies need to apply for tax registration;
• tax advice (an accounting firm can offer support in this matter);
• business management and tax planning for each business type;
• legal support for foreigners, from our lawyers in Macedonia, on request;
• virtual office services (for those who don't want to establish in Macedonia;
• accounting services in Kumanovo offered by our team of advisors.
Why is Kumanovo attractive for investments?
is a prolific business hub in Macedonia and home to numerous foreign enterprises
. The agriculture and the trading sector have been developed since the 19th century, helping the city rank among cities with a full potential of development and economic growth. There are many companies which generate solid incomes in the tobacco, textile and the metal-processing industries in Kumanovo
who want to enter the Macedonian market by choosing Kumanovo
for business can contact
our team of company formation agents in Macedonia
for support and guidance.