Setting up a Business
Agreements & Treaties
Free Trade Agreements
Macedonia is a signatory of three multilateral Free Trade Agreements:
- SAA (Stabilization and Association Agreement) with the EU member-states
- EFTA (Switzerland, Norway, Iceland and Liechtenstein)
- CEFTA (Macedonia, Albania, Moldova, Serbia, Montenegro, Bosnia and Herzegovina, and Kosovo)
Bilateral Free Trade Agreements are signed with Turkey and Ukraine.
Investment Protection Treaties
The Republic of Macedonia has signed investment protection treaties with the following countries: Albania, Serbia, Bulgaria, Turkey, Croatia, Bosnia and Herzegovina, Slovenia, Romania, Austria, Germany, Switzerland, Netherlands, Belgium, France, Italy, Spain, Hungary, Czech Republic, Poland, Ukraine, Sweden, Finland, Russian Federation, People’s Republic of China, Malaysia, Republic of Korea, and India.
In the process of ratification are Agreements with: Arab Republic of Egypt, Iran, and Belarus. Negotiations with the following countries are complete, and the Agreements are to be signed as soon as possible: Greece, Great Britain, Uzbekistan, Denmark, Oman, Slovak Republic, and Kuwait.
Avoidance of Double Taxation
The Republic of Macedonia has signed agreements for avoidance of double taxation with the following countries: Albania, Austria, Belarus, Belgium, Bulgaria, Croatia, Denmark, Egypt, Estonia, Great Britain, Hungary, Iran, Ireland, Italy, Latvia, Lithuania, Germany, Finland, France, Hungary, Morocco, Moldova, Netherlands, People’s Republic of China, Poland, Romania, Russian Federation, Slovakia, Slovenia, Ukraine, Taiwan-Republic of China, Turkey, and Qatar.