#

Ease of Doing Business in

Macedonia, FYR

Macedonia, FYR Download Profile (1749.6KB, pdf)
Region Europe & Central Asia
Income Category Upper middle income
Population 2,078,453
GNI Per Capita (US$) 5,140
City covered Skopje

190

1

DB 2017 Rank

1

100

DB 2017 DTF (% points)

  • local_library
  • group
Topics DB 2017 Rank DB 2016 Rank info_outline Change in Rank DB 2017 DTF (% points) info_outline DB 2016 DTF (% points) info_outline Change in DTF (% points) info_outline
Overall 10 16 up
6
81.74 79.19 down
2.55
Starting a Business 4 3 down
1
98.14 98.14
-
Dealing with Construction Permits 11 12 up
1
81.71 81.34 up
0.37
Getting Electricity 29 44 up
15
84.51 81.33 up
3.18
Registering Property 48 48
-
74.05 74.02 up
0.03
Getting Credit 16 42 up
26
80.00 65.00 up
15.00
Protecting Minority Investors 13 22 up
9
73.33 68.33 up
5.00
Paying Taxes 9 8 down
1
91.67 91.67
-
Trading across Borders 27 27
-
93.87 93.87
-
Enforcing Contracts 36 27 down
9
67.79 70.46 down
2.67
Resolving Insolvency 32 39 up
7
72.38 67.73 up
4.65

Positive=Doing Business reform making it easier to do business. Negative=Change making it more difficult to do business.

DB 2017 Rank: 9

DB 2016 Rank: 8

Change in Rank: down1

DB 2017 DTF (% points): 91.67

DB 2016 DTF (% points): 91.67

Change in DTF (% points): 0.00

Indicator Macedonia, FYR Europe & Central Asia OECD high income
Payments (number per year) info_outline 7.0 17.6 10.9
Time (hours per year) info_outline 119.0 221.5 163.4
Total tax rate (% of profit) info_outline 13.0 33.8 40.9
Postfiling index (0-100) info_outline 84.2 71.9 85.1
Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% of profit) Notes on TTR
Corporate income tax 1 online 19 10% taxable profit 11.03
Property transfer tax 1 3% sale price 1.82
Municipal fee 1 MKD 8,000 fixed fee 0.06
Property tax 1 0.1% land value 0.05
Value added tax (VAT) 1 online 44 18% value added 0.00 not included
Fuel tax 1 included into fuel price 0.00 small amount
Employee paid - Social security contributions 1 online 56 27% gross salaries 0.00 withheld
Totals: 7.0 119.0 13.00
  • Taxes by type Answer
    Profit tax (% of profit) 11.0
    Labor tax and contributions (% of profit) 0.0
    Other taxes (% of profit) 2.0
    Answer Score
    Postfiling index (0-100) 84.2
    VAT refunds
    Does VAT/GST exist? Yes
    Frequency of VAT/GST refund submission monthly
    Does a VAT/GST refund process exist per the case study? Yes
    Restrictions on VAT refund process None
    Likelihood of VAT audit Highly Likely
    Time to comply with VAT refund (hours) 10.0 80.0
    Time to obtain a VAT refund (weeks) 25.2 57.6
    Corporate income tax audits
    Does corporate income tax exist? Yes
    Likelihood of corporate income tax audit Unlikely
    Time to comply with a corporate income tax audit (hours) 2.0 99.1
    Time to complete a corporate income tax audit (weeks) 0.0 100.0
    Administrative appeal process
    First level administrative appeal authority N/A
    Is the appeal authority independent? N/A
    Are appeal guidelines accessible to the public? Yes
    Source of appeal guidelines online/in printed publication/in person at tax office
    Is there a legal time limit for the appeal authority to issue a decision on the tax appeal? N/A
    Legal time limit N/A

Notes:

Name of taxes have been standardized. For instance income tax, profit tax, tax on company's income are all named corporate income tax in this table.

The hours for VAT include all the VAT and sales taxes applicable.

The hours for Social Security include all the hours for labor taxes and mandatory contributions in general.

The postfiling index is the average of the scores on time to comply with VAT refund, time to obtain a VAT refund, time to comply with a corporate income tax audit and time to complete a corporate income tax audit.

N/A = Not applicable.