The Republic of Macedonia is potentially interesting for business in e-money - it is on the list of states with a visa-free regime with the EU, it has been and remains a candidate for the membership in the European Union. In the country it is easy to open an enterprise, bank accounts are registered remotely, which simplifies licensing and registration of enterprises.
In Macedonia, there is no legislative basis for cryptocurrency activities, bitcoins, altcoins are not recognized as legal means of payment. The electronic money field is better regulated. Banks have a right to issue e-money, but there are no card-based products, as well as national network and software solutions. Regulations on the regulation of electronic payment systems working through Internet channels or mobile communications have not been developed. Therefore, potential owners of the payment system should focus on international and European standards.
The general rules apply to the field of electronic currencies in the Republic - taking into account the Second EU Directive, the current GDPR Regulation and international norms on criminal money-laundering countering. When organizing payment systems in Macedonia, you should:
Any other requirements may be applied to the operator at any time. "Prifinance" will help you to implement them and introduce the system into the legal field.
"Prifinance" consulting company provides full assistance in a business organization outside the Russian Federation, licensing and implementation of EMI and electronic money circulation instruments. Experts will select the optimal form of the enterprise and the tax model, develop an action strategy. We save customers from hassle, save their time and efforts and undertake:
With the support of "Prifinance", the customer deploys activities in the legal field and minimizes the risks of national and international legislation violation.