WB6 IIP
Western Balkans Six
Investment Incentives Platform
The Western Balkans Six Investment Incentive Platform is the first of its kind in the region, providing detailed information on available incentives in each of the WB6. It is one of the key measures under the Regional Investment Area, which is part of the Common Regional Market Action Plan 2021-2024.
Developed with input from Investment Promotion Agencies (IPAs) across the region, the platform includes both financial and non-financial incentives, categorized by type, sector, and target audience.
It provides comprehensive information for investors looking to invest in the WB6. As an evolving resource, the platform will be updated every six months to ensure it remains current and relevant.
Financial support for growth of capital investments and revenues
- Economy name
- North Macedonia
- ID
- N15
- Incentive name
- Financial support for growth of capital investments and revenues
- Brief description
- Financial support of up to 10% for growth of capital investments and revenues, procurement of new machines and equipment, investments in facilities and land for business activity of the investment project
- Legal reference name
- Law on Financial Support of Investment No. 83/2018 „Official Gazette of North Macedonia“ No. 98/2019, 124/2019 and 178/2021
- Legal reference
law section / article -
Article 25
(1) Financial support for growth of capital investments and revenues shall constitute support for
business entities that make initial or additional investments for procurement of new machines
and equipment or for investments in facilities and land necessary for the business activity of the
beneficiary within the investment project.
(2) The maximum annual amount of the financial support referred to in paragraph (1) of this
Article shall be 10% of the completed investment, but not more than EUR 1 000 000 in MKD
equivalent according to the middle exchange rate of the Central Bank of
North Macedonia on the day of payment in total for the duration of the entire investment project.
(3) The financial support referred to paragraph (1) of this Article shall be paid annually for a
period of five years as of the date of the start of the investment project.
- Incentive group
- Financial
- Incentive category
- Grant
- Economy-wide/Sector-specific
- Sector-specific
- Sector (Simplified)
- Manufacturing
- Sector (NACE)
- N/A
- Size of firm that can use incentive
- All sizes of firms
- Level at which incentive is available
- Economy-wide
- Ownership of firm that can use incentive
- Any
- Incentive location
- General
- Main objective of the incentive
- Technological advancement
- In case of grant, share of grant in investment (in %)
- 0,1
- Contact Info
-
Agency for Foreign Investment and Export Promotion of North Macedonia
st: Nikola Vapcarov No.7, 1000, Skopje
contact: +389 2 3100 111
email: info@invest.gov.mk
web:www.invest.gov.mk
- Weblink to Incentive information in English
- Weblink to Incentive information in local language
- Eligibility criteria
description -
Article 26
(1) In order to obtain the financial support referred to in Article 25 of this Law, the business
entity should not decrease the average number of employees and the revenues from the business
activity below the average in the previous three years, or for a shorter period depending on the
date on which the business entity is founded or started its activity.
(2) The beneficiary of the financial support should maintain the investment for a period of at
least five years as of the last year in which the investment project ended.
- Eligibility criteria
weblink
- Awarding Authority (Name)
- Agency for Foreign Investment and Export Promotion of North Macedonia (Invest North Macedonia) and the Directorate for Technological Industrial Development Zones
- Application procedure + Weblink (where available)
-
The application form for granting Financial Support for investment outside technological industrial development zones shall be submitted to Invest North Macedonia as a competent authority no later than May 31st of May of the current year.
The application for financial support for investments within the technological industrial development zones shall be submited to the Directorate for Technological Industrial Zones.
In addition to the application, financial statements from the previous four years or for a shorter period depending on the date of establishment of the business entity are submitted.
https://investnorthmacedonia.gov.mk/invest-how-to-apply/
- Implementing Authority (Name)
- Agency for Foreign Investments and Export Promotion of North Macedonia