North Macedonia
Europe
How are Giftcards treated for tax purposes in North Macedonia (VAT, single-purpose / multi-purpose)?
Standard VAT: 18%. Since 2023/2024, “value Giftcards” have been explicitly addressed in VAT legislation; the financial administration has regulated the VAT treatment of sales via value Giftcards (from 01.01.2024). The details follow the definition of value Giftcards; taxation depends on the specific design and the timing of supply. (Note: North Macedonia is not an EU member; these are national rules.) (Taxsummaries)
Is there a legal rule in North Macedonia on the validity period of Giftcards?
No specific statutory minimum or maximum term for Giftcards is explicitly stipulated. The issuer’s terms and conditions apply within the framework of the new Consumer Protection Law (in force since 15.11.2022) with transparency and fairness obligations. (Schoenherr)
What special rules apply in North Macedonia to the sale, issuance, or redemption of Giftcards?
Clear terms and conditions (validity, fees, redemption rules) are required under consumer protection law; e commerce/data protection law must be observed. For tax, apply the clarified 2023/2024 rules for value Giftcards (see above). (Schoenherr)
What consumer rights apply in North Macedonia for expired Giftcards?
No statutory right to redeem after expiry; the issuer’s terms and conditions apply. Non transparent or misleading expiry clauses can be challenged under the Consumer Protection Act. (Schoenherr)