North Macedonia has adjusted the social security contributions rates for 2020. The contribution types and rates are as follows:
The adjusted contribution rates apply for the payment of salaries from the month of January 2020.
In addition to the rate adjustments, the minimum and maximum basis for social security contributions have also been set for 2020, which is based on salary data that includes an average salary of MKD 38,319. Based on the average salary amount:
The minimum and maximum basis amounts apply for calculations for the period January to December 2020.
Note - This article has been updated to reflect that the mandatory pension and disability contribution rate is 18.8% for 2020.
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