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.
Additional financial support for investments in underdeveloped regions
- Economy name
- North Macedonia
- ID
- N18
- Incentive name
- Additional financial support for investments in underdeveloped regions
- Brief description
- Additional financial support for investments in underdeveloped regions (on top of other financial support) as percentage difference between the planning region with the highest value of GDP per capita and the value of GDP per capita
- 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 31
(1) In order to contribute to balanced regional development, the beneficiaries of financial
support will receive additional financial support depending on the planning region where
that the productive initial investment is realized.
(2) The additional financial support will be calculated as a percentage difference between
the planning region with the highest value of GDP per capita and the value of GDP per capita
of a resident of the planning region in which the productive initial investment is realized. (3) The additional financial support from paragraph (2) of this article will be applied to
the approved amount of financial support for the year to which the payment request relates.
(4) For the purposes of calculating the additional financial support from paragraph (2) of this article
the latest available data on GDP per capita by region that it publishes will be used
The State Statistics Office of North Macedonia.
- 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
- Domestic
- Incentive location
- General
- Main objective of the incentive
- Economic diversification
- In case of grant, share of grant in investment (in %)
- % difference with most developed region
- 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 31
(1) In order to contribute to balanced regional development, the beneficiaries of financial
support will receive additional financial support depending on the planning region where
that the productive initial investment is realized.
(2) The additional financial support will be calculated as a percentage difference between
the planning region with the highest value of GDP per capita and the value of GDP per capita
of a resident of the planning region in which the productive initial investment is realized. (3) The additional financial support from paragraph (2) of this article will be applied to
the approved amount of financial support for the year to which the payment request relates.
(4) For the purposes of calculating the additional financial support from paragraph (2) of this article
the latest available data on GDP per capita by region that it publishes will be used
The State Statistics Office of North Macedonia. "
- 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