Companies reporting a 2025 tax loss in North Macedonia can carry it forward for up to three years by submitting Form DD‑01 to the Public Revenue Office by 31 March 2026.
The Public Revenue Office of North Macedonia has announced, on 12 March 2026, that companies subject to corporate income tax reporting a loss in their 2025 Tax Balance Sheet (Form “DB”) can carry the loss forward by submitting Form DD‑01 by 31 March 2026.
A tax loss occurs when your company’s annual loss (shown with a negative sign in AOP 01 of the DB form) exceeds the non-deductible expenses for tax purposes (AOP 02). This negative difference, displayed in AOP 40 as the tax base, qualifies for carryforward treatment.
When submitting Form DD-01 to the Public Revenue Office (UJP), the following must be included:
- A detailed calculation of the loss amount is requested to carry forward
- A signed declaration from the company’s authorised representative confirming no structural changes occurred (mergers, acquisitions, divisions, or ownership transformations)
Approved tax losses can reduce taxable profit over the next three years following the loss year. For 2025 losses, this means potential tax savings in 2026, 2027, and 2028. Apply losses chronologically, starting with the oldest first.
Record the carryforward amount in AOP 62 of the 2025 DB form. Companies that underwent mergers, acquisitions, divisions, or ownership transformations cannot claim tax loss carryforward benefits.
