Business Climate in North Macedonia
North Macedonia, officially the Republic of North Macedonia, is a country in the Balkan Peninsula in Southeast Europe. North Macedonia has a population of 2,077,132 citizens living on an area of 25,713 km2 . The country’s capital is the city of Skopje in which around 506,926 million North Macedonian reside.
North Macedonia is divided into 80 municipalities and 34 cities. Municipalities usually have more than 10,000 inhabitants.
The national currency is the Macedonian denars and around 61.7 Macedonian denars make 1 EUR.
Some basic economic stats include:
- Inflation rate: 0,8%
- Direct investments in 2018: 737 million euros.
- The growth rate of the Gross Domestic Product (GDP): 2.7%
- GDP: 32.6 billion American dollars
- Unemployment: 21.6%
Index of Economic Freedom Rank: 41
World Bank, Doing Business Rank: 17
Basel Institute, AML Index Rank: 122
Do you think North Macedonia is a good place for your business?
If yes, we will help you establish your business in North Macedonia. All you need to do is to follow these steps:
Step 1: You send us an email
I want to open a company in North Macedonia.
Refer me to someone that will get the job done, fast and professionally.
Step 2: We get back to you with a referral
We will contact you immediately with a couple of options and what price to expect. This way you won’t get overcharged. Also, we will provide you with a special code for which you will get a discount. This code will also let our referral know that if he/she is not acting as they presented us, they will lose a major leading source.
Step 3: You contact the referral
When asking details about the fees, timeline and other aspects for the professional engagement, it is very important to present our referral with the code we give you. We also strongly suggest cc’ing’ our email as we can follow if our referral is professional as he/she promised to be.
Step 4: You let us know how it went
This is the only thing we ask. By giving us a review of how our referral worked for you, we will be able to know if we should give them more business, or take them from our list. They know that if they get bad reviews from our clients, they won’t get new clients from us. This is how we make sure that they do what they told us they will.
Thy Business Guide, 2020