If you’re looking to expand your business presence globally, you need strategic tools to help you grow. At Globalization Partners, our goal is to help aspiring businesses expand anywhere in the world, with no barriers. Expand your business to North Macedonia with us at your side, and let us handle legal compliance, HR requirements, and other key considerations throughout the process, so you can focus on doing business.
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When you work with us, you’ll get solutions that help you establish international entities all around the world while benefitting from our insights into local market standards and requirements. From establishing your business to managing visas to following best hiring practices, we’re here to help optimize your business growth overseas.
Hiring, Negotiating, and Doing Business
Located in the south-central Balkans, The Republic of North Macedonia has a strategic position in the region at the crossroads of key European trade corridors and waterways. The country has made significant progress in expanding and diversifying its economy since becoming an independent state in 1991, and it offers wide-ranging opportunities for international businesses to engage with the local economy and talent.
If you’re considering hiring and establishing a business in North Macedonia, Globalization Partners can simplify the process for you with on-the-ground expertise and resources. We have more than 180 entities globally and can help you seamlessly do business, engage with local economies and hire the right professionals for your vacancies. Trust us to protect your business interests anywhere you want to go in the world.
In many ways, negotiating, conducting business, and hiring will be similar in any country. Ensure you’re following best practices to show professionalism and courtesy as you begin to work with local businesses and employees. Exchanging business cards upon first meeting in a professional setting is common practice. A polite greeting and respectful engagement with your counterparts can help you establish a strong business relationship in any work environment.
To hire employees in North Macedonia, you must draw up a contract that lays out requirements, expectations, and stipulations that both parties involved must meet. It’s important to begin your business relationship with a clear establishment of what employees can receive from you and what you will expect from them. You will need to register this agreement with the appropriate employment agency to legally bring a new hire into your employment.
Your contract may establish either fixed or indefinite terms for employment. it must be in written form, and any changes to the agreement will also need to be outlined in writing.
Include this information in the employment agreement:
- Information on both parties, including employee and employer residence address or head office address
- Date of employment commencement
- Position title and outline of duties
- Any job risks or specialized requirements
- Location of employment (if not at the head office)
- Duration of employment
- Identification of type of employment — short-term or long-term
- Working hours
- Any other regular allowances provided
- Annual leave provisions
- Working conditions
Employees should work standard hours of eight hours per day and 40 hours each week. For any employees who work six daily hours or more, you must provide a lunch break of 30 minutes. Employees working four to six daily hours are entitled to a 15-minute lunch break.
Overtime work must not exceed eight hours per week or 190 total hours per year. Any work over the standard 40 hours a week requires additional compensation. As the employer, you are required to register any overtime hours your employees complete.
Your employees are entitled to 20 days of annual vacation leave with pay equivalent to their average wages over the past 12 months. Based on a collective agreement or contract, employees may receive up to 26 days of leave.
Employees may use the remainder of their vacation days in the following year if they do so before June 30.
Depending on their situation, employees may take varying amounts of sick leave:
- Seventy percent of regular salary for seven days of sick leave
- Eighty percent of regular salary for up to 15 days of sick leave
- Ninety percent of regular salary for more than 15 days of sick leave
Additional sick leave of up to 30 days may be available if an employee is physically unable to return to work. Employees must provide a physician’s attestation of illness for sick leave of up to seven days. For additional leave, you may form a medical commission with the doctor of your choice to verify the employees’ condition.
Female employees may receive up to nine months of maternity leave with pay.
Termination and Severance
You may terminate employment under specified conditions, according to North Macedonia labor laws:
- Expiration of contract employment terms
- Death of the employee or employer
- Termination of the employer
- Employee resignation
- Court decision
- Any other cases stipulated by law
As the employer, you are responsible for contributing to income tax payments on your employees’ behalf. The tax system is progressive, with no taxes for salaries of Macedonian denar (MKD) 8,000, a 10 percent tax for incomes of MKD 90,000, and any income over MKD 90,000 taxed at 18 percent.
Benefits and Bonuses
You are required to cover health insurance, disability, unemployment and disability contributions for your employees:
- Pension and disability insurance: 18.4 percent of income
- Health Insurance Fund: 7.4 percent of income
- Unemployment fund: 1.2 percent of income
- Disability: 0.5 percent of income
Employees are entitled to paid leave for the country’s 11 public holidays:
- New Year’s Day
- Orthodox Christmas Day
- Labor Day
- Orthodox Easter Monday
- Saints Cyril and Methodius Day
- Ramazan Bajram
- Day of the Republic
- Independence Day
- People’s Uprising Against Fascism Day
- Day of the Macedonian Revolutionary Struggle
- St. Clement of Ohrid Day
Choose Globalization Partners To Help You Expand Your Business
At Globalization Partners, we’re here to help you grow your business without borders. Work with us to find trusted solutions for growth into new countries, and discover how we can streamline your processes. Contact our team to learn more about how we can help!