Set up a Fund in Macedonia

The Investment Fund Act 2000 in Macedonia oversees the activities and the operations of these important financial tools and companies dealing with the management of investment funds in this country. Setting up a fund in Macedonia is not subject to complicated formalities, however, it is best to seek advice, guidance, and support from one of our company formation agents in Macedonia. Our team can also help foreign investors register a company in Macedonia.

Investment funds in Macedonia

1. UCITS – Undertakings Collective Investments in Transferable Shares where collective assets can be invested and raised with the help of units public offering. A management company can handle UCITS in Macedonia.
2. AIFs – Alternative Investment Funds can be created in respect to the EU directives where the capital involved can be invested in varied assets if an opened agreement is made in this sense.
3. UCIs – Undertakings for Collective Investments can be open-ended, closed-ended or can be common funds. UCIs can be set up as limited liability companies.
4. ETFs – Exchange-Traded Funds are alternatives to mutual funds and are available for trading throughout business days. These are subject to lower expenses.

What to consider when opening a fund in Macedonia

Who can manage an investment fund?

Making investments in Macedonia

• • around 24.1% of the country’s GDP is sustained by the industrial sector in Macedonia;
• • approximately 47% of the exported goods from Macedonia were directed to Germany in 2018;
• • a surplus of USD 92.5 million in terms of FDI have been reported for September 2019;
• • the inflation stood at a 1.8% rate in 2018 in Macedonia.