To be legally registered in Macedonia, a business must follow a specific incorporation procedure with the local Trade Register, known as the Central Registry of North Macedonia. While Company Registration is the most crucial role of the Macedonian Trade Register, this agency has several essential roles. In this article, you can discover information about the main aspects of the Trade Register. Our lawyers in Macedonia can legally represent international and local businessmen in the company registration process in this country.
| Main Areas of Expertise | |
|---|---|
| The Trade Register in Macedonia is known as | Central Registry of North Macedonia |
| Controlled by | The North Macedonian government |
| Main responsibility | Company incorporation |
| Other significant roles | – updates company information, – offers access to public records, – acts as a communication channel with the company representatives, – provides transparency in the business sector. |
| Required documents for business registration | – Articles & Memorandum of Association, – notarized signatures of shareholders, – proof of registered business address, – proof of paid capital, etc. |
| Trade name verification & reservation | Mandatory with the Trade Register in Macedonia |
| Application form | Provided by the Macedonian Trade Register at the time of incorporation |
| Issues the Certificate of Incorporation | YES |
| Providing access to company data | YES |
| Precautions | Some documents might need to be translated and notarized before the company incorporation starts. |
| Types of business updates you need to register | When the business address/capital/management/activities change. |
| Representative agents for company registration in Macedonia | Recommended to local and international entrepreneurs doing business for the first time in North Macedonia |
| Is an electronic signature allowed in Macedonia? | Yes, as established by the Law on Electronic Documents, Electronic Identification and Trust Services in North Macedonia. |
| Simplifying business registration | Acts as a one-stop shop where all business-related matters can be solved. |
| Collaborating with our Macedonian agents | We represent our customers with the Macedonian Trade Register when incorporating a company here. |
How to register a company in Macedonia
Registering a business in Macedonia is a fairly simple process. However, it is good to know a few formalities, considering that our Macedonian attorneys can represent and guide you in this process:
- the process begins with verifying and reserving the business name with the Macedonian Trade Register. You should keep in mind that this trade name must be unique and available;
- the documents on which the company is incorporated in Macedonia must be prepared;
- a standard form provided by the Trade Register in Macedonia will also be filled out with information about the company, its name, shareholders (name & residency), future operations, capital, etc.
Once you have followed these steps, officials from the Macedonian Trade Register will take care of the file and verify the documents, and then issue a Certificate of Incorporation. Don’t forget that you have at your disposal the services of our Macedonian lawyers who can represent you with a power of attorney in the business registration process.
Main documents for business registration in Macedonia
Among the documents required for company registration in Macedonia, you should consider the following:
- Articles of Association & Memorandum of Association are the main documents for registering a business in Macedonia.
- proof of registered business in Macedonia is required, as well as bank statements with the deposited capital.
- Proof of paid incorporation fee must also be presented. The payment is made to the Macedonian Trade Register, online or in physical presence.
- a completed application form and copies of the shareholders’ IDs/passports are also required for company registration in Macedonia.
We invite you to discuss with us about the preparation of documents for business registration in Macedonia. Our clients can be represented in this process from the beginning.
Key responsibilities of the Macedonian Trade Register
The Central Registry of North Macedonia has other responsibilities besides registering companies. Here are some of the main roles of this authority:
- it provides access to registered and archived information about companies in Macedonia in full transparency.
- acts as a one-stop shop system where interested parties can register their company online and also request various certificates or affidavits depending on the issues encountered.
- updates changes in already registered companies.
Please explore this video presentation with information about the Trade Register in Macedonia:
Registering company updates with the Macedonia Trade Register
If you want to update your business with new information, you will need to notify the Trade Register in Macedonia. Management changes, alterations to the registered capital, or relocation of the company to another part must also be registered at the Macedonian Trade Register.
Statistics about companies in Macedonia
Here are some statistical data about active entities in Macedonia:
- In 2022, there were over 71,000 active companies in Macedonia.
- The data for 2024 showed that the ICT sector has around 2,921 active companies.
Ready to register your business with the Macedonian Trade Register? Contact our law firm in Macedonia and ask for legal representation in business registration with this authority.