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.

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Additional financial support for citizens of North Macedonia with residence elsewhere

Export Incentive

Economy name
North Macedonia
ID
N19
Incentive name
Additional financial support for citizens of North Macedonia with residence elsewhere
Brief description
Additional financial support on top of the other financial support measures for citizens of North Macedonia with residence elsewhere

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 33

For initial investments of business entities founded by citizens of Macedonia
with residence or temporary stay out of Macedonia, the amount of the financial
support referred to in Article 23 paragraph (1) under c), Article 25 paragraph (2), Article 27
paragraph (2) and Article 29 paragraph (2) of this Law, shall be increased by 10% of the
completed investment, 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.

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
Knowledge transfer
In case of grant, share of grant in investment (in %)
additional 10%

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 33
For initial investments of business entities founded by citizens of Macedonia
with residence or temporary stay out of 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