Taxes, Duties and other incentives
- 10 YEARS TAX EXEMPTIONS – The investors in the TIRZ are exempt for a period of 10 years from the payment of the income tax and 100% are exempt from personal income tax for 10 years , so that the effective rate of personal income is 0%.
- The land in TIRZ in Republic of Macedonia is given under long-term lease for up to 99 years.
- The investors are exempt from paying the fee for construction land to local governments, s well as from fees for obtaining building permits.
- Free plug for pipeline, water supply and sewerage network.
- The Government of the Republic Macedonia participated in the cost for the building of users in TIRZ up to 500.000 euros, depending on the number of jobs created and the amount of investments to the users.
- Customs green channel for goods.
Benefits and incentives
CUSTOMS
MERCHANDISE
|
RATE OUT OF THE ZONES
|
RATE IN THE ZONES
|
Raw materials
|
0% - 15%
|
0%
|
Equipment
|
5% - 20%
|
0%
|
TAXES
MERCHANDISE
|
RATE OUT OF THE ZONES
|
RATE IN THE ZONES
|
Value of added tax (VAT)
|
18%
|
0%
|
Income tax
|
10%
|
0% for 10 years
|
Personal income tax
|
10%
|
0% for 10 years
|
|