This article covers detailed information on the corporate tax regime in North Macedonia for the 2025 tax year. You’ll find current tax rates, applicable surcharges, and practical tips relevant for international investors and business owners considering operations in North Macedonia.
Overview of the Corporate Tax Regime
North Macedonia employs a flat corporate income tax system. Corporate taxes are assessed directly on company profits, ensuring a straightforward approach compared to some multi-tiered systems. The official currency is the Macedonian denar (MKD). Below are the main details for 2025:
| Tax Feature | Details (MKD) |
|---|---|
| Corporate Income Tax Type | Flat |
| Standard CIT Rate (%) | 10% |
| Assessment Basis | Corporate profits |
Corporate Income Tax Rate (2025)
For 2025, the statutory corporate income tax (CIT) rate in North Macedonia is a flat 10% on taxable corporate profits. There are no progressive tax brackets in the standard regime
.
Surtaxes and Special Conditions
Certain companies or non-profit organizations may face surtaxes or alternative calculations depending on their profile and activity. Below is a summary of the current surtaxes as provided by the authorities:
| Surtax Rate (%) | Applicability |
|---|---|
| 15% | Domestic top-up CIT for multinational enterprises (MNEs) under Pillar Two rules, if statutory criteria are met (profits of MNEs generated in North Macedonia) |
| 1% | Non-profit organisations with total annual revenues higher than MKD 1,000,000, assessed on business activity income exceeding MKD 1,000,000 |
| 1% | Simplified tax regime for companies with total annual income between MKD 3,000,000 and MKD 6,000,000 (excluding certain sectors) |
There are currently no detailed holding period requirements or capital gains specifics disclosed in the official documentation for corporate income tax. Should such requirements be introduced or clarified, updates will be published by the relevant authorities.
Currency & Conversions
All tax liabilities are calculated and payable in Macedonian denar (MKD). For comparative purposes, the flat corporate tax rate of 10% is notably competitive in the region. For international investors, it’s important to monitor currency risk and convert liabilities as needed. As of early 2025, the exchange rate averages around 1 USD = 56 MKD (for reference: MKD 1,000,000 ≈ USD 17,857).
Practical Insights for 2025 Corporate Tax Compliance
While the headline rate and structure are relatively straightforward in North Macedonia, businesses should be aware of the specific qualifiers for surtaxes as well as the revenue thresholds for non-profits and entities entering the simplified tax regime. Special rules apply to multinational enterprises generating profits in the country, as they may fall under international minimum taxation (Pillar Two) frameworks.
Pro Tips for Navigating North Macedonia Corporate Taxes
- Carefully review whether your organization qualifies for any special surtax regimes, such as the Multinational Enterprise Top-up Tax or simplified regime for mid-sized businesses. These can significantly alter your effective tax rate.
- Maintain detailed and up-to-date records of all revenue and qualifying income categories, especially for non-profits or businesses near key revenue thresholds (MKD 1,000,000 and MKD 6,000,000).
- Monitor regulatory updates concerning international tax rules (including Pillar Two) if your group operates cross-border, as compliance requirements can change and affect your obligations in North Macedonia.
- Retain all official documentation related to tax filings for at least the statutory minimum period and consider regular professional reviews to ensure ongoing compliance with dynamic tax regulations.
Official Resources
For the most accurate and up-to-date information, consult the official website of the North Macedonia Ministry of Finance: https://finance.gov.mk.
In summary, North Macedonia’s corporate tax regime in 2025 remains attractive for businesses seeking a straightforward and relatively low-rate taxation model. The flat 10% rate, combined with clearly defined (though narrowly targeted) surtaxes, provides predictability for most corporate taxpayers. As always, careful attention to the specific qualifying criteria for surcharges and ongoing monitoring of regulatory developments are essential to maintaining compliance and optimizing your effective tax rate in this jurisdiction.