MoF: Preferential 5% VAT rate for newly built flats will be further applied until end-2028

25^th December 2025, Skopje - Preferential 5% VAT rate for newly built flats will continue to apply after 1^st January, as stipulated under the modifications and amendments to the Law on Value Added Tax adopted by the Parliament.

As per the amendments to the Law, the deadline for applying the preferential 5% VAT rate on the first sale of residential buildings and flats, as far as they are used for residential purposes, to be carried out within 5 years following their construction, will be extended from 1^st January 2026 to 31^st December 2028.

In line with the existing Law, the preferential 5% VAT rate for newly built flats was scheduled to apply until 31^st December 2025.