Establishing and launching a business in Montenegro

When it comes to company formation, Montenegro has a lot to offer. With its declaration of independence in 2006, Montenegro moved towards a business-focused economic system which has been transitioning to a market system ever since. This has opened the possibility for new companies to start a business in Montenegro and do business successfully in terms of profit and market share. Many companies have also decided to relocate their business to Montenegro.

Company formation in Montenegro

Montenegro has been a popular business destination for many years now. This was recognised by the Montenegrin government who introduced the Citizenship by Investment Programme in 2018 which intended to encourage and facilitate foreign direct investment. This so-called ‘economic citizenship’ allowed easy access to Montenegrin citizenship which is a mandatory requirement before starting a business in Montenegro. How to get Montenegro citizenship has become a more and more frequent question in recent years. The Montenegrin government has worked hard to position the country as the best option for foreign investments and business start-ups. With the Citizenship Investment Programme, investors were provided with many benefits including low corporate tax rates and easy procedures before opening a company. The average time it takes to start a business in Montenegro is 7 to 12 working days, and the tax system in this country is one of the most competitive in Europe. Corporate tax rates are at 9%, and there are no surtaxes or minimum taxes for companies doing business in Montenegro. Montenegrin taxes are one of the lowest in the whole of Europe, making this beautiful Mediterranean country a great place to relocate and set up a company.

Montenegro company establishment requirements – Montenegro company registration

It is easy to see why Montenegro is a popular destination for foreign investments and starting a business. To start your business within the borders of Montenegro you will have to fulfil and deliver some requirements such as different types of agreements, documents, and registration fees.

What kind of business can you start if you want to do business in Montenegro?

If you’re a foreign entrepreneur interested in investing and doing business in Montenegro then it’s useful to know which type of company you can establish. As mentioned before, there are many business opportunities in Montenegro. All you need to do is to learn how to recognise and seize them. The Foreign Investment Law launched recently by the Montenegrin government prescribes under which terms and conditions foreign investors can do business and create companies in this country. It also thoroughly explains their rights and obligations.
The Foreign Investment Law recognizes 4 types of companies within its regulation: 1. Limited liability company;
2. Joint stock Company;
3. Montenegro branch office;
4. Montenegro representative office.

Begin your business in Montenegro and capitalise on this expanding business opportunity.

Starting a business in Montenegro is a great opportunity to embrace the beautiful Montenegrin nature and environment, and the Citizenship by Investment Programme will give you a once-in-a-lifetime opportunity to obtain lifelong citizenship and a powerful European passport which will give you the chance to travel across the continent. When starting a business in Montenegro you will need a temporary residence, and luxurious Montenegrin real estate, within one of Porto Montenegro’s new residential complexes at Boka Place, is the perfect home. This new urban quarter of Porto Montenegro gives you the chance to enjoy a vivid European lifestyle all while revitalising your body and soul in the natural environment of Montenegro. See what’s possible in some of Porto Montenegro’s great working spaces and office rental