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 the acquisition of companies that are facing difficulties
- Economy name
- North Macedonia
- ID
- N16
- Incentive name
- Financial support for the acquisition of companies that are facing difficulties
- Brief description
- Financial support for the acquisition of companies that are facing difficulties up to 10% of the costs of purchasing tangible assets
- 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 27
(1) Financial support for purchase of tangible assets from business entities in distress shall be
granted to business entities that shall start an investment project and shall purchase tangible
assets from a business entity in a bankruptcy or liquidation procedure to be used exclusively in
the production process within the investment project.
(2) The maximum amount of the financial support referred to in paragraph (1) of this Article
shall be 10% of the costs for purchasing tangible assets of the business entity under bankruptcy
or liquidation, but not exceeding 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.
(3) The financial support referred to in paragraph (1) of this Article shall be paid on a one-time
basis within 12 months as of the day of the start of the production process.
(4) The use of the financial support referred to in paragraph (1) of this Article shall exclude the
use of the financial support referred to in Article 25 of this Law.
- 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
- Other
- 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 -
to be a business entity which in the period of the last three years before the initiation of the
bankruptcy or liquidation procedure, except through business cooperation, has not been
associated in any manner to the business entity under bankruptcy or liquidation procedure and
- to purchase tangible assets from the business entity under bankruptcy or liquidation procedure
and which before the initiation of the bankruptcy or liquidation procedure has had at least 50
employees.
(2) The beneficiary of financial support should maintain the investment project for which
tangible assets have been purchased at least five years as of the date of initiation of the
investment project.
- 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 submitted 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