What is DOOEL? — The most popular legal form
DOOEL is a legal form of a commercial company with one founder. The founder's liability is limited to the capital contribution. Minimum founding capital: 5,000 EUR equivalent in MKD.
Definition
DOOEL is a legal form of a commercial company with one founder. The founder's liability is limited to the capital contribution. Minimum founding capital: 5,000 EUR equivalent in MKD.
Details
DOOEL is the most common legal form for small businesses. Registered at the Central Registry. Pays 10% corporate income tax and VAT (if registered). Can convert to DOO when adding partners.
Example
Marko establishes DOOEL 'Code Plus' with 5,000 EUR founding capital. Gets EMBS and EDB and can start operating.