News
Free Trade Agreement between North Macedonia and the United Kingdom
The Customs Administration of the Republic of North Macedonia announced that a Free Trade Agreement with the United Kingdom will soon be signed and implemented as of 1 January 2021.
Polenak Law Firm Contributed to the North Macedonia Chapter on Corporate Governance
Kristijan Polenak, managing partner and Tatjana Shishkovska, partner at Polenak Law Firm co-authored the North Macedonia chapter on Corporate Governance, 19th edition, published in June 2020 by Law Business Research Ltd.
The EU Opens the Accession Negotiations with North Macedonia
The long-awaited, positive news came from the General Affairs Council of the EU, who gave green light to open the EU accession negotiations with North Macedonia.
COVID-19
North Macedonia Adopted the Fourth Package of Measures to Support the Economy during the COVID-19 Pandemic
The package is focused on the extension of the previously adopted measures with the purpose of further revitalization of the country’s economy.
CEE Legal Matters: Interview with Tatjana Shishkovska, Partner at Polenak Law Firm
Tatjana Shishkovska, partner at Polenak Law Firm talked about North Macedonia’s NATO accession and the green light to opening EU accession talks, which are strong indicators of political stability in North Macedonia, in the latest edition of CEE Legal Matters.
Post COVID-19: Financial Support for Investment Projects in North Macedonia
1. Introduction
On 09 June 2020, the Government of the Republic of North Macedonia (the “Government”) adopted a decree with a legal effect as a law that extends the provision of financial support to companies in the industrial sector by co-financing investment projects in the period between March 2020 and December 2021.
2. Amount of the financial support
Companies may be provided with financial support in the amount of up to 25% of the realized investment project in accordance with the investment plan. Depending on the total revenue in 2019, the companies may apply for:
up to EUR 40,000…
The 'New Normal' of the Reopened Workplace
Authors: Iva Djugumanova and Ivana Slaveska, Polenak Law Firm
The Government of the Republic of North Macedonia adopted the Protocol on preventive measures for all workplaces in order to prevent transmission of COVID-19.
This Protocol is applicable for all workplaces and all people in the workplace, such as employers, employees, managers, contractors, customers and visitors. It includes measures related to personal hygiene and protective equipment, recommendations for respiratory hygiene and physical distancing in the workplace, as well as reducing travel related to work and a separate organisation…
Public Call for Loan Applications
The Development Bank of the Republic of North Macedonia announced its second public call for providing interest-free loans to local companies.
Impact of Coronavirus and Force Majeure Rules under the Laws of North Macedonia on Existing and Future Commercial Contracts
In order to cope with the public health crisis caused by the COVID-19 pandemic, the Government of North Macedonia has instituted a number of administrative measures aimed at preventing the spread of this virus, but also at dealing with the economic consequences of the crisis.
New Decree Setting Aside the Latest Restrictive Measures on Corporate Law in North Macedonia
Polenak Law Firm’s partner Tatjana Shishkovska provides insight on the latest corporate law changes in North Macedonia, commenting that: "It seems that we are back in business as usual, at least as far as Corporate law is concerned."
New Decree on Corporate Governance of Local Companies Passed in North Macedonia
The Government of North Macedonia has passed a new Decree relevant for corporate governance of local companies.
North Macedonia is under Curfew
The Government of the Republic of North Macedonia has announced the latest, and so far the most rigorous, measure in preventing the spread of COVID-19, by prohibiting the movement of citizens during the time period from 21.00h to 06.00h, starting from Sunday, 22 March 2020.
