Property Tax — Rates and calculation for business premises
Property tax is a local tax paid on the value of real estate (business premises, warehouses, land) owned by a business or individual.
Definition
Property tax is a local tax paid on the value of real estate (business premises, warehouses, land) owned by a business or individual.
Details
Rate: 0.10% – 0.20% of market value (depends on municipality). Paid quarterly (by the 15th of the month after the quarter). Set by the municipality. For business premises — tax-deductible expense. Reliefs for energy-efficient buildings.
Example
Business premises with 3M MKD market value in Skopje (0.15% rate): annual tax = 3,000,000 × 0.15% = 4,500 MKD. Paid 1,125 MKD quarterly.