LAW ON FINANCIAL SUPPORT OF INVESTEMENTS | Law Office Aleksov & Memishi

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LAW ON FINANCIAL SUPPORT OF INVESTMENTS IN MACEDONIA

All companies that meet certain criteria and make investments through this Law can seek state support by recovering some of the financial resources they have invested.

The measures relate to several areas: 1.New employment; 2.Establishing and improving co-operation with domestic adders; 3.Establishment of organizational forms for research and development; 4.Investment projects of significant economic interest; 5.Support for the rise of capital investment and revenue; 6.Taking business entities into difficulty and 7.Increasing market competitiveness.

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Subjects who started or planned a productive initial investment.
Total operating revenues in the last year will be higher than the average in the previous 3 years.
The number of employees in the last year is not less than 5% of the average in the previous 3 years.
Financial support beneficiaries can be business entities from the leather processing and textile industry, as well as business entities with dedicated production (armaments and military equipment).

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