The Government of North Macedonia adopted an updated version of the National Classification of Activities, NKD Rev. 2.1 (“New Classification”).
The New Classification is aligned with the revised version of the Statistical Classification of Economic Activities in the European Community NACE Rev. 2.1.
The New Classification is especially relevant for:
- Companies to be established: they will need to choose an appropriate priority activity under the New Classification;
- Existing companies: when submitting annual accounts, they will need to enter the main income code under the New Classification.
The application for the New Classification started on 1 January 2025.
The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.