North Macedonia Tax Overview

Tax system at a glance

North Macedonia operates a low, flat-rate tax system administered by the Public Revenue Office. Personal and corporate income are both taxed at a 10% flat rate, with VAT as the main indirect tax.

• Tax year — Calendar year (1 January to 31 December) (Law on Personal Income Tax / Law on Profit Tax)
• Currency — Macedonian denar (MKD) (National Bank of the Republic of North Macedonia)
• Tax authority — Public Revenue Office (Uprava za javni prihodi, UJP) (Law on the Public Revenue Office)
• Residence basis of taxation — Residents taxed on worldwide income; non-residents taxed only on Macedonian-source income (Law on Personal Income Tax)
• Headline personal income tax rate — 10% percent (flat) (Law on Personal Income Tax)
• Headline corporate income tax rate — 10% percent (flat) (Law on Profit Tax)
• Does VAT exist — Yes — standard VAT rate of 18%, with reduced rates of 10% and 5% (Law on Value Added Tax)
• Pillar Two / top-up tax for large MNEs — Qualified Domestic Minimum Top-up Tax (15% effective floor) applies to in-scope large multinational groups ((approx — confirm)) percent (OECD Pillar Two / domestic implementing legislation)
• Annual corporate profit-tax return deadline — By the end of February following the tax year (electronic balance sheet / DB form) ((approx — confirm)) (Law on Profit Tax)
• Annual personal income tax return deadline — Pre-filled annual return finalized via the e-PDD system; corrections due by the statutory spring deadline ((approx — confirm)) (Law on Personal Income Tax)