Intelligence

North Macedonia is advancing its digital transformation with the introduction of a nationwide e-invoicing system that will apply to all taxpayers who issue invoices.

Until the end of 2018, a flat tax rate of 10% was applicable. In 2019, North Macedonia introduced a progressive personal income tax approach...

The progressive tax rate, which was supposed to re-enter into force on January 1st 2023, has been postponed.

The North Macedonian Government has adopted amendments to the VAT Law during July 2021. The amendments affect the supply for electricity to final consumers; a supply which has until now been subject to the standard rate of 18%.

As the deadline until which resident companies in North Macedonia can distribute dividends based on their 2020 financial result (September 30, 2021) is approaching...

The North Macedonian Government has recently extended the payment deadline for VAT due following the filing of a periodic VAT return.