Includes how foreign exchange is managed and implications for U.S. business;
Last Published: 7/31/2019

North Macedonia does not restrict reinvestment or repatriation of profits and investment capital.  Foreign investors are entitled to transfer profits and income without a transfer tax.  Investment returns are generally remitted within three working days.  There are also no legal limitations on private financial transfers, foreign exchange transactions, and capital movements.  Local companies can pay for imported goods or services in foreign currencies, as they are allowed to hold a foreign exchange account in one or more banks.
 

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