Companies Law — Foundation for business in MK
The Companies Law is the primary law regulating the formation, management and termination of commercial companies (DOOEL, DOO, AD, KD) in North Macedonia.
Definition
The Companies Law is the primary law regulating the formation, management and termination of commercial companies (DOOEL, DOO, AD, KD) in North Macedonia.
Details
Regulates: legal forms and minimum capital, partner rights and obligations, management (director, assembly), annual accounts and audit, mergers and divisions, liquidation and bankruptcy. DOOEL/DOO: minimum capital 5,000 EUR. Director can also be a foreigner.
Example
You want to establish a company: the Law prescribes — DOOEL with 5,000 EUR capital, Central Registry registration, director appointment, accounting records.