A conversation with Danijel Stevanović, Partner, Nina Rašljanin, Associate, and Srdjana Petronijevic, Partner, on key issues on foreign direct investment (FDI) control in North Macedonia. 1. What is the applicable legislation? North Macedonia does not have a foreign investment control regime comparable to those now arising in Europe in light of the EU FDI Screening Regulation. Rather, North Macedonia still has in place the traditional single-sector authorization system aimed at the defense sector, similar to those typically established in Europe in the second half of the 20th century. Additionally, there is a mandatory registration requirement for all direct investments made by non-residents. Investments into North Macedonia (including the authorization system for the defence sector and the mandatory registration of direct investments) are generally regulated by the following: • The Constitution of the Republic of North Macedonia; • The Companies Act (Official Gazette of RM, nos. 8/2004; 84/2005; 25/2007; 87/2008; 42/2010; 48/2010; 24/2011; 166/2012; 70/2013; 119/2013; 120/2013; 187/2013; 38/2014; 41/2014; 138/2014; 88/2015; 192/2015; 6/2016; 30/2016; 61/2016; 64/2018 and 120/2018; and Official Gazette of RNM, nos. 290/20, 215/21 and 99/22);