WB6 IIP
Western Balkans Six
Investment Incentives Platform
The Western Balkans Six Investment Incentive Platform is the first of its kind in the region, providing detailed information on available incentives in each of the WB6. It is one of the key measures under the Regional Investment Area, which is part of the Common Regional Market Action Plan 2021-2024.
Developed with input from Investment Promotion Agencies (IPAs) across the region, the platform includes both financial and non-financial incentives, categorized by type, sector, and target audience.
It provides comprehensive information for investors looking to invest in the WB6. As an evolving resource, the platform will be updated every six months to ensure it remains current and relevant.
Financial support for the establishment and promotion of cooperation with suppliers registered in Macedonia
- Economy name
- North Macedonia
- ID
- N9
- Incentive name
- Financial support for the establishment and promotion of cooperation with suppliers registered in Macedonia
- Brief description
- Financial support of up to 10% of the value of total producerement from a domestic company registered in North Macedonia
- Legal reference name
- Law on Financial Support of Investment No. 83/2018 „Official Gazette of North Macedonia“ No. 98/2019, 124/2019 and 178/2021
- Legal reference
law section / article -
Article 17
(1) The financial support for the establishment and promotion of the business cooperation with
suppliers registered in North Macedonia shall be applicable to business entities that
perform a business activity in the technological industrial development zones, that are to procure
and integrate products in the final product intended for export from suppliers registered in the
North Macedonia that perform a production activity.
(2) The financial support referred to in paragraph (1) of this Article shall be in the amount of 10%
of the value of the total procurement, provided that 15% of the total product delivered and
integrated in the product of the beneficiary of financial support in the previous year is procured
from suppliers registered in Macedonia.
(3) The maximum annual amount of the financial support referred to in paragraph (2) of this
Article cannot exceed EUR 300 000 in MKD equivalent according to the middle exchange rate
of the Central Bank of North Macedonia on the day of payment.
(4) The business cooperation referred to in paragraph (1) of this Article shall be determined
based on the percentage share of the products procurement which are delivered and integrated in
the product of the beneficiary of financial support from the suppliers. This shall not include the
procurement from public enterprises (electricity, fuels, gas, water, utilities, telecom services,
etc.), as well as the attorney, accounting or consulting services.
(5) The financial support referred to in paragraph (1) of this Article cannot be granted for a
period longer than seven years as of the date of commencement of the use of the support.
- Incentive group
- Financial
- Incentive category
- Grant
- Economy-wide/Sector-specific
- Sector-specific
- Sector (Simplified)
- Manufacturing
- Sector (NACE)
- N/A
- Size of firm that can use incentive
- All sizes of firms
- Level at which incentive is available
- Economy-wide
- Ownership of firm that can use incentive
- Any
- Incentive location
- Free economic zone
- Main objective of the incentive
- Knowledge transfer
- In case of grant, share of grant in investment (in %)
- 0,1
- Contact Info
-
Agency for Foreign Investment and Export Promotion of North Macedonia
st: Nikola Vapcarov No.7, 1000, Skopje
contact: +389 2 3100 111
email: info@invest.gov.mk
web:www.invest.gov.mk
- Weblink to Incentive information in English
- Weblink to Incentive information in local language
- Eligibility criteria
description -
Article 18 & 19:
- the beneficiary has achieved growth of revenues from the business activity and of the average
number of employees in accordance with Article 9 of this Law and
- the beneficiary has made a procurement from a supplier registered in
North Macedonia that is not capitally or otherwise related pursuant to a law to the beneficiary of
financial support and that performs preliminary processes and operations over the product that is
delivered and integrated in the product of the beneficiary of financial support.
The beneficiary of financial support referred to in Article 17 of this Law shall be obliged to
maintain the business activity for at least three years as of the last year for which the financial
support has been paid.
- Eligibility criteria
weblink
- Awarding Authority (Name)
- Agency for Foreign Investment and Export Promotion of North Macedonia (Invest North Macedonia) and the Directorate for Technological Industrial Development Zones
- Application procedure + Weblink (where available)
-
The application form for granting Financial Support for investment outside technological industrial development zones shall be submitted to Invest North Macedonia as a competent authority no later than May 31st of May of the current year.
The application for financial support for investments within the technological industrial development zones shall be submited to the Directorate for Technological Industrial Zones.
In addition to the application, financial statements from the previous four years or for a shorter period depending on the date of establishment of the business entity are submitted.
https://investnorthmacedonia.gov.mk/invest-how-to-apply/
- Implementing Authority (Name)
- Directorate for the Technological Industrial Development Zones