Approved by the Government of the Republic of Macedonia
Approved by the Government of the Republic of Macedonia in August 2000
The Free Zones Authority was officially launched in January 2002.
Sped up the overall progress of the country’s economy
By 2006, with the Government of the Republic of Macedonia further implementing its strategy for accelerated economic development and making FDI attraction a top priority, the Zones were blessed with new opportunities to speed up the overall progress of the country’s economy.
On October 5, 2006 Johnson Controls, the first tenant of the Skopje 1 free zone, laid the foundation stone of their new plant. The project was completed and put into operation by the end of 2007.
As a representative body of the Government of the Republic of Macedonia, the Free Zones Authority manages the administrative affairs of all zones within the country.
The Free Zones Authority currently manages three fully operational zones: Skopje 1 and 2 in the capital, and one in Stip, the largest town in eastern Macedonia. The zone in Tetovo is currently operating as a public private partnership, and is in the process of implementing its first investment projects. Simultaneously, eleven zones intended for equal economic advancement of all regions in Macedonia are in various stages of development.
In accordance with the Free Zones Authority’s concept and mission, we strive to become an international business hub in Southeastern Europe by providing world-class infrastructure supported with service excellence and incentives unparalleled anywhere in the region and wider.
100% foreign ownership, 0% tax and customs duties, no municipality taxes, symbolic land lease rate and direct State Aid in the amount of up to 500.000 EUR are only one segment of the value proposition that provides the most competitive operating environment in the region.
Free Zones Authority’s duty is establishing a service center within each of the zones, providing consultation and services for users of the zones. Users can expect first-rate administrative services and expeditious customs clearance. The Free Zones Authority carries out a one-stop service mode, and its management model closely follows international practice, ensuring maximum investor benefits.
The Macedonian Free Zones Authority, the governmental managing body responsible for developing FEZs throughout the country, currently supervises fourteen zones in various stages of development. The Government is committed to providing the most cost and operationally efficient environment for doing business in Southeastern Europe. Macedonia is known as the “New Business Heaven of Europe” – 100% foreign ownership, 0% corporate tax, no municipality taxes, symbolic land lease rates, subsidies of up to €500.000 towards construction costs, availability of skilled workforce, as well as training and job creation grants. These are only one segment of the value proposition that provides the most competitive operating environment in the region and wider. Companies which compete in an increasingly complex business world seek optimum locations for their organizations. The popularity of the free zones is based on the simplicity and effectiveness for doing business, beneficial and long-lasting tax incentives, and opportunities for additional government grants. This would be the right moment for companies to take advantage of prime locations and inducements.
Aleksandar Mladenovski, CEO