For each donation made, companies can use the tax incentives up to 5% from the annual income as a tax base in accordance with article 4 paragraph 3 and in relation with article 3 indent 1 paragraph 2 of the Law on donations and sponsorships in public activities (Official Gazette of the Republic of Macedonia, no.47/06).
For more information with regard to tax incentives, we invite you to read the GUIDE FOR APPLICATION OF THE LAW ON DONATIONS AND SPONSORSHIPS IN PUBLIC ACTIVITIES