What are the types of companies in North Macedonia?

There are different types of companies in North Macedonia. These:

1. Limited Liability Company (DOO): The most common type of company, DOO is established by at least one partner. While partners participate in the company's profits and losses, they have limited liability for the company's debts.

2. Joint Stock Company (AD): AD is a type of company in which the liability of the partners participating in its capital is limited to the capital share. It requires the presence of at least one founder and at least one partner.

3. Cooperative: In North Macedonia, cooperatives are defined as joint ventures that meet economic and social needs. Members consist of partners and share profits equally.

4. Sole Proprietorship: A sole proprietorship is a business established by one person to run his business. This type of company is managed by a single person and this person takes responsibility for the business.

5. Limited Company: A limited company is a type of company established by two or more partners. While the general partners of the company play an active role in the management of the company and have unlimited liability, limited partners are only responsible for the capital they invest. These types of companies may be preferred to operate in North Macedonia. However, each type of company has its own advantages and disadvantages, so it should be carefully considered during the formation phase.

What are the types of companies in North Macedonia?

What are the documents required to establish a company in North Macedonia?

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