Action for formalization of micro-performers of economic activity in the informal economy

The purpose of this action is to increase the formalization of micro-companies in North Macedonia, ie performers of economic activity in the informal economy. Hence, the action addresses legal informality. More specific objectives of the action include:

  1. Understand the reasons for the informality of micro-operators in the informal economy (high fees, high administrative burden, low probability of being discovered, poor awareness of the benefits of formalization, etc.)
  2. To understand the activity of informal micro-performers
  3. To design a map / list of all fees, including parafiscal charges, related to starting a micro-business and running it in the early years
  4. To propose: a) a plan for reduction of the costs for firming of micro-performers of activity, including rationalization of the duties identified in 3; and b) policy measures (fiscal, labor, information) that will encourage greater formalization of micro-operators.

Client: GIZ North Macedonia

Duration: May – September 2022

Working visit to Montenegro

The Finance Think team is on a working visit to Montenegro, May 18-20, 2022. The regionalization of our work leads us to meetings with dear colleagues from the Institut Alternativa and the ISSP Institute for Strategic Studies and Forecasting in Podgorica.

Finance Think participated in a roundtable on regional integration

Our Bojan Srbinoski participated in the round table “From CEFTA to the single EU market: Lessons learned from Visegrad-4 for the Western Balkans-6”, organized by the Montenegrin Pan-European Union and @Robert Schuman Institute (Budapest).

Finance Think is a partner in the project “Support from Visegrad-4 to promote the common regional market in the Western Balkans-6: One market for post-pandemic recovery”, supported by the International Visegrad Fund.