Europe

North Macedonia

Corporate rate
10%
Top personal rate
10%
VAT / GST rate
18%
One-sentence summary North Macedonia's corporate tax position: 10. Personal income tax: 10. VAT/consumption tax: 18.

Corporate Tax Rate

North Macedonia's headline corporate income tax (CIT) rate is 10.

Personal Tax Rate

The headline personal income tax (PIT) rate is 10.

VAT / GST Rate

The standard VAT/GST (or equivalent consumption tax) rate is 18. Registration thresholds, zero-rated and exempt categories, and reduced rates vary by jurisdiction - see the source link below for the full detail on this jurisdiction.

Residency

Regardless of citizenship, an individual is a North Macedonian tax resident if they have a permanent or temporary residence there; temporary residence is established by continuous or intermittent presence of 183 days or more within any 12-month period. Where a tax treaty applies, its residency provisions govern. A company is resident if established or headquartered in North Macedonia. Residents are taxed on worldwide income; non-residents only on North Macedonia-source income.

CFC Rules

North Macedonia has no CFC rules.

Thin Capitalization

A proportional part of interest on a loan from a non-resident shareholder holding at least 20% of the company's capital is taxable (non-deductible) to the extent the loan exceeds three times that shareholder's equity share; the rule also extends to bank loans tied to a shareholder deposit at that bank. Newly established companies are exempt from thin capitalization rules for their first three years of operation.

Treaty Network

North Macedonia maintains double tax treaties with 48 countries.

Source: PwC Worldwide Tax Summaries - North Macedonia (secondary compilation, cited per jurisdiction). Rates last reviewed by PwC: 23 July 2026. Page last verified: August 07, 2026. General information only - confirm current rates and any specific position with a licensed advisor in this jurisdiction before relying on this page.