The value added tax
or the VAT in Macedonia
applies to most of the products and services provided in this country, in compliance with the EU directives and the applicable legislation. Macedonia imposes two types of VAT
, depending on the goods and their categories. If you would like to set up a company in Macedonia
and find out information about the taxation structure in this country, please feel free to get in touch with our team of company formation agents in Macedonia
What are the VAT rates in Macedonia?
The standard VAT rate in Macedonia is set at 18% for products and services available for sale purposes in this country. A VAT rate of 5% is applicable to the following categories:
• all the food products, plus the water supply in Macedonia;
• agricultural materials, wood pellets, equipment, and pellet boilers;
• school supplies like books, pencils, pens, notebooks, and backpacks;
• newspapers, magazines, books, publications without the ones meant for advertising purposes;
• medical equipment, accommodation services (hotels and resorts), and public transportation.
We remind that the above-mentioned products and services are subject to a special VAT
which is set at a 5% rate. If you are interested in establishing a company in Macedonia
and you are looking for support in this direction, feel free to talk to us as soon as possible.
How can I register for VAT purposes?
Companies carrying out operations of a total turnover of MKD 1 million in Macedonia
need to register for VAT
purposes. It is good to know that if the business had financial activities for only a specific period of time in a year, only that period will be subject to VAT in Macedonia
. The VAT registration
starts at the PRO Regional Office which provides the requirements in this sense, regarding the documents and the applications which need to be submitted. If you need assistance in this matter, please do not hesitate to ask us for information.
Deadline for VAT submission in Macedonia
and taxpayers must verify the accounts and the financial records until the 15th of January of each year when they have to submit the VAT
applications for their turnovers. We remind that this rule is available only for enterprises with profits of at least MKD 1 million.
We invite you to contact
our team of company incorporation specialists in Macedonia
for additional information about the VAT registration in Macedonia