What is Corporate Income Tax? — Rates and calculation
Corporate income tax is a direct tax on the net profit of legal entities. The rate is 10% (1% for micro businesses).
Definition
Corporate income tax is a direct tax on the net profit of legal entities. The rate is 10% (1% for micro businesses).
Details
Annual return filed by March 15. Monthly advance payments. For micro businesses (revenue up to 3M MKD) — reduced rate of 1%.
Example
Company with annual profit of 500,000 MKD pays tax: 500,000 × 10% = 50,000 MKD.