Macedonia, FYR

Ease of Doing Business in

Macedonia, FYR

This page summarizes Doing Business 2013 data for the former Yugoslav Republic of Macedonia. The first table lists the overall "Ease of Doing Business" rank (out of 185 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Eastern Europe & Central Asia
Income Category Upper middle income
Population 2,063,893
GNI Per Capita (US$) 4,730
Doing Business 2013 Rank Doing Business 2012 Rank Change in Rank
23 22 down -1

Doing Business 2013 DTF** (% points) Doing Business 2012 DTF** (% points) Improvement in DTF** (% points)
74.6 74.3 down 0.3
Topic Rankings DB 2013 Rank DB 2012 Rank Change in Rank
Starting a Business 5 6 up 1
Dealing with Construction Permits 65 65 No change
Getting Electricity 101 116 up 15
Registering Property 50 50 No change
Getting Credit 23 23 No change
Protecting Investors 19 17 up -2
Paying Taxes 24 24 No change
Trading Across Borders 76 70 up -6
Enforcing Contracts 59 58 up -1
Resolving Insolvency 60 56 up -4

Economy Profile

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Paying Taxes

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This data shows the tax that a medium-size company must pay or withhold in a given year, as well as measures of the administrative burden in paying taxes. These measures include the number of payments an entrepreneur must make; the number of hours spent preparing, filing, and paying; and the percentage of their profits they must pay in taxes.

DB 2013 Rank 24 DB 2012 Rank 24 Change in Rank 0
DB 2013 DTF** (% points) 80.5 DB 2012 DTF** (% points) 80.5 Improvement in DTF** (% points) 0.0
Indicator Macedonia, FYR Eastern Europe & Central Asia OECD

The total number of tax payments per year. The indicator reflects the total number of taxes and contributions paid, the method of payment, the frequency of payment and the number of agencies involved for a standardized case during the second year of operation.

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Payments (number per year)
29 28 12

The time it takes to prepare, file and pay (or withhold) the corporate income tax, the value added tax and social security contributions (in hours per year).

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Time (hours per year)
119 260 176

The amount of taxes on profits paid by the business as a percentage of commercial profits.

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Profit tax (%)
6.2 9.1 15.2

The amount of taxes and mandatory contributions on labor paid by the business as a percentage of commercial profits.

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Labor tax and contributions (%)
0.0 22.1 23.8

The amount of taxes and mandatory contributions paid by the business as a percentage of commercial profit that are not already included in the categories of profit or labor taxes.

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Other taxes (%)
3.2 9.3 3.7

The total tax rate measures the amount of taxes and mandatory contributions payable by the business in the second year of operation, expressed as a share of commercial profits.

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Total tax rate (% profit)
9.4 40.5 42.7
Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% profit) Notes on TTR
Corporate income tax 12 19 10% add backs, distributed profit and increase of share capital 6.2
Property transfer tax 1 3% sale price 1.8
Fuel tax 1 MKD 24.4 liter 1.2
Property tax 1 0% land value 0.1
Municipal fee 1 MKD 8,000 fixed fee 0.1
Social Security contributions 1 withheld and online 56 gross salaries 0 withheld
Value added tax (VAT) 12 44 18% value added 0 not included
Totals: 29 119 9.4

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the indicators across all economies included in Doing Business since each indicator was included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more...

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