Foreign Direct Investments (FDIs) represent a form of capital movement from one country to another, where in the capital exporter acquires a stake of over 10% in the ownership of a foreign enterprise. These investments serve as a powerful factor for economic growth, fostering collaboration and uncovering new paths for development.
Factors influencing the decision to invest abroad include:
- External trade restrictions
- Imperfections in the labor market
- Intangible assets
- Vertical integration
- Product life cycle
- Shareholder diversification
Basics of Foreign Direct Investments
Foreign Direct Investments (FDIs) represent a form of capital movement from one country to another, wherein the capital exporter acquires a stake of over 10% in the ownership of a foreign enterprise. These investments serve as a powerful factor for economic growth, fostering collaboration and uncovering new paths for development.
Procedure and Obligation for Registration in the Central Registry
The Central Registry records investments by residents abroad and non-residents in North Macedonia, along with all subsequent changes to the investments considered as direct investments in the Registry of Direct Investments by residents abroad or in the Registry of Direct Investments by non-residents in the Republic of North Macedonia. It issues a confirmation of the recorded entry and any subsequent changes to the direct investment.
The procedure involves several steps:
- The direct investment is realized by investing in money, objects, and rights.
- The direct investment is reported using the Application – Form DI or DIR.
- With each application (initial registration or change), the non-resident or resident must provide the legal basis for the occurrence of the investment or change.
- The necessary attachments are submitted with the registration application.
- A valid and fundamental proof of the investment, when made in cash, is the transfer of funds through a bank using the prescribed forms from the National Bank of the Republic of North Macedonia.
- When a non-resident investor invests in shares in a joint-stock company, the documents from the stock exchange for the stock transaction, from the Central Securities Depository, and from the Securities and Exchange Commission are considered valid proof.
- For investments in movable objects, a valid and fundamental proof is the customs declaration for the import or export of the objects (equipment, etc.), invoices – if the objects are movable. For immovable property, the proof is the property sheet.