MK · Europe · MKD

North Macedonia

Tax rates

0102030405060World avg (corporate) 22.6%Wealth Tax 0%Income · Corporate · Capital Gains — 10%VAT 18%

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Estimate your income tax

Enter a gross annual salary to estimate 2023 national income tax for North Macedonia using verified brackets — total tax, effective and marginal rate, net income, and the per-band breakdown. National income tax only; social contributions and sub-national taxes are excluded unless the notes say otherwise. The full calculator covers every country with verified rates.

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Brackets, notes & in practice

Income Tax

Thresholds in MKD
ThresholdRate
MKD 010%
Source: PWC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2023-01-01

Flat rate applied to employment income, self-employment income, and most other categories of personal income; gains from games of chance are taxed separately at 15%, and unproven-origin income at 70%.

North Macedonia applies a flat 10% personal income tax rate to employment, self-employment, royalty, rental, capital, capital gains, and other general income, effective 1 January 2023. A separate 15% rate applies to gains from games of chance, and a 70% rate applies to income whose origin cannot be proven.

VAT

In practice

Filing

VAT registration is mandatory once annual turnover exceeds MKD 2 million, or once turnover projected at the start of business activity is expected to exceed that amount; voluntary registration is available below the threshold. The standard tax period is one calendar month, falling to a calendar quarter when the prior year's turnover did not exceed MKD 25 million or for voluntary registrants; returns are due within 25 days of the period's end, with VAT payable within 30 days.

Source: PWC Worldwide Tax Summaries — North Macedonia (Corporate, Other taxes) · as of 2026-07-23

Capital Gains Tax

North Macedonia taxes individual capital gains from securities at a flat 10% rate, regardless of the amount realised. A preferential 0% rate applies specifically to gains on securities and shares issued by an investment fund held for more than two years.

In practice

Exemptions

North Macedonia applies a 0% capital gains tax rate, rather than the standard 10%, to gains from the sale of securities and shares issued by an investment fund where the taxpayer has held them for longer than two years, effective from 1 January 2023.

Source: PwC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2023-01-01

Wealth Tax

No net wealth tax is levied in North Macedonia. It is not among the tax categories enumerated in the Ministry of Finance's own 'Taxes and Customs' area listing: profit tax, personal income tax, VAT, property taxes, excise, contributions, and customs. PWC's North Macedonia 'Other taxes' page likewise has no dedicated wealth-tax subsection, covering only social security contributions, consumption taxes, and inheritance/gift tax.