Archive 19 октобра, 2015

How to get residence permit in Montenegro?

How can you draw-up a residence permit in Montenegro?

Read This To Find Out Why

Keeping in mind that Montenegro is on its way to the EU, it certainly is an attractive place for doing business. Montenegro, which will soon become a member of the EU, offers very loyal conditions to the foreigners for obtaining residence permits and registration of permanent residence in this country is possible after five years of permanent residence. Citizenship can be obtained after another five years (or three, provided the marriage with a citizen of the country).


That is why those who want to reside in the EU in the long term, choose Montenegro to start.


Service Description

CORP_GENERICIncorporation of Montenegro Company, including:

  • Reguest for company’s name
  • Memorandum & Articles of Association in Montenegro
  • Certificate of Incorporation
  • VAT Registration
    Business Montenegro

    Business Montenegro

  • TIC Registration
  • Provision of registered office address
  • Opening of a bank account
  • Seal of the company
  • International courier services

All prices are subject to VAT at the current standard rate (19%) and valid for the year 2016

If you need some more info, e-mail us 

Mob: 00382 69 590 433


Anyone may now register a company in Montenegro

Anyone may now register a company in Montenegro, ie Montengero nationals, European Montenegro businessnationals, and non-European nationals alike.

All are treated equally, and the process of registration has been made extremely simple.


The directors of the company will however encounter difficulties when they come to open a corporate bank account, and will be required to disclose the ultimate beneficial shareholders of the company.

The disclosure of this information to the bank does not mean that the information is available to the public.

Business Montenegro

Business Montenegro

Banks will not disclose information to anyone unless requested to do so by a court of law in Montenegro.

Such incidents are rare, and necessarily involve the suspicion of money laundering and/or connection with terrorist organisations.



To register a company from scratch, takes approximately 7 to 10 working days.

The first step in any registration is to give the company a name.



Montenegro is not a tax haven but a low tax area with an annual tax rate between 0% 7%

Business Montenegro

Business Montenegro

and 19% payable in the case of an International Business Company.

Montenegro has numerous double tax treaties for the avoidance of double taxation.


It normally takes one or two weeks to incorporate a new company, but shelf companies (ie already established) are available.


A Montenegro company can open a bank account anywhere in the world


A minimum of one director.


If you need some more info, e-mail us 

Mob: 00382 69 590 433


How To Register A Company In Montenegro

How To Register A Company In Montenegro

To start the registration process we require a completed questionnaire to be submitted to us by e-mail together with the following documents:

A copy of the passport, preferably scanned, showing the photograph, personal details and signature of the individual.

* Where the documents are not in English, they should be translated, certified and apostilled

* If you have any further queries, please do not hesitate to leave your message in the Contact Us section.

We will be most happy to help you.

If you need some more info, e-mail us 

Mob: 00382 69 590 433

Why Register A Company In Montenegro

Why Register A Company In Montenegro

For people wanting to start a new business, Montenegro is a smart choice.

Montenegro offers great tax incentives due to its favourable tax regime and its wide network of double tax treaties.

  • Currency : EUR
  • Government : republic
  • Unemployment rate : 14.70%

    tax in montenegro

    tax in montenegro

  • Corporate income tax : 9%
  • VAT (basic rate): 19%
  • VAT (decreased rate): 7%
  • Tax return : yearly
  • Dividend tax : 9%
  • Types of company: Limited liability company, Joint-stock company
  • Registered capital : Limited liability company, 1 EUR, Joint-stock company, 25000 EUR
  • Incorporation process duration : 7 – 14

These tax incentives together with so many other incentives offered by Montenegro, render Montenegro the ultimate international business centre of our planet!

Investors may freely transfer money into Montenegro, and freely transfer money out of Montenegro, without restrictions.

Montenegro offers a basket of incentives including the low tax on the net profits and the

Consultant Services Montenegro

Consultant Services Montenegro

double tax treaties.

We will guide you through the process of registering your company and establishing your registered identity.

Complete and submit our application form online.

In providing this information, it is our prime intention to contribute to the effort of Montenegro to become an even more successful international business centre for the benefit of foreign investors and to the Montenegro economy.

If you need some more info, e-mail us 

Mob: 00382 69 590 433

Procedure of company formation in MONTENEGRO

The procedure of company formation a Montenegro Legal Entity can be completed within a maximum period of two weeks at the most, and enables the legal entity to start business forthwith.

We offer you full guidance and assistance that is required upon you choosing to incorporate a Montenegro Company. 

Procedure of company formation in Montenegro  is simpler than you might think, and Consulting company SELECTA  specialises in guiding you every step of the way.

business montenegro

business montenegro

Fill in our simple form and register your Montenegro company online with us today.


Further to the client questionnaire, which you are required to fill in and return to us, you will also be required to send us by e-mail the following information and documents in order to commence the registration process:

3 options of the Name – The preferred name must not be identical and/or similar to a name of another Montenegro Company. Furthermore according to the law, any offensive name shall also be rejected.

Company’s Nature – What will be the main activities of your Montenegro Company.

Owners – Names and details of the Beneficial Owners, which may be the same as the officers and/or shareholders of the Montenegro Company.  

Where any of the above is a physical person

  • A scanned copy of your passport showing the photograph, personal details and the
    Businessman Montenegro

    Businessman Montenegro

    signature of the person in question;

If any of the aforementioned documents are not in montengrianin language, they must be translated, certified and apostilled in order to be accepted by the Montenegrian Registrar.

Now, the process is rather simple and fast. We describe it in stages.

Step 1: Decide. 

Perhaps this is the most important and difficult – to decide. Carefully review our site if you have questions, please contact us via the contacts listed on our site. We ask you to proceed to subsequent steps only if you have already cleared out all questions with our help, and resolve to proceed with the registration of a company in Montenegro. Respect your and our time.

Step 2: Filling out your registration form. 

The form specifies the data that we need to process, such as:

  1. Sveti Stefan Montenegroselecting the name of your future company in Montenegro.
  2. Determination of the authorized capital of the company in Montenegro. Currently, the minimum allowable amount of the share capital amounts to EUR 1.

Step 3: Payment of our services

Payment of our services is divided into two parts, before arriving in Montenegro, you pay the first part, and after arriving in Montenegro – the remainder. Since you have no doubt, to explore our price list, then see what we offer three options for registration of a company, which differ, in fact, in the spectrum of provided additional adaptation services. On this basis, the size of work which should be executed, and accordingly, and the size of an advance payment differs also.

The first variant of registration of the firm (in the Price „Start“) – no work is performed before your arrival, respectively; the total cost of our services is paid on the first day after your arrival in Montenegro.

The second variant of registration of a company (in the Price „Basic“) – according to the range of services we need to find you accommodation and arrange transfers. It is already some work and, moreover, we want to be sure that it will not be done in vain, and you really come

Porto montenegro

Porto montenegro

to Montenegro, but not abandon its plans for so-called „family reasons“. Therefore, the prepayment is 200 Euro; total price of our services is paid after your arrival in Montenegro.

The third variant of registration of a company (in the Price „Exclusive“) – add some more services that require pre-organization, in particular, we need to find you a vacant teacher of the language. Prepayment is 300 Euros; the total price is paid after your arrival in Montenegro.

* The order of payment is relevant if you plan to come to Montenegro for the registration of the company personally. In our view it is more convenient for you option. There is also the possibility to register a company by proxy. In this case, the total price paid as a deposit.

Step 4.The Registration of a company
we need the following documents from you:

Certified copies of passports. It is convenient to notarize and to translate them already in Montenegro, as overseas it is more complicated to perform this procedure.

If you have arrived in Montenegro in person, no more documents are required. In the case of remote registration of a company, we need authorization from the founders of the company in the name of our employee.

Porto Montenegro

Porto Montenegro

After performing of the preparatory stages, a firm is registered in the Commercial Court of Montenegro, and with the tax and statistical authorities, as well as a bank account is opened. Typically these processes, including the registration of a company, occupy no more than 10-15 days.

Step 5. Residence permit

After the registration of a company, we can form a package of documents for obtaining residence permits. We offer a full range of services for the preparation of this document package. Residence permit is issued within 30 days. It is appropriate to clarify the visa issue: at the entrance to Montenegro you, depending on nationality, have the right to stay in the country from 30 to 90 days. For those, who may be just 30 days (for example, citizens of Russia), the term of the visa will expire before they receive a residence permit, as the

Porto Montenegro European Union

Porto Montenegro European Union

registration of the company and the subsequent receipt of residence permit takes longer than 30 days. But it’s not terrible, because when receiving documents for residence permit you will get the mark, allowing you to stay in the country over those 30 days, which is very convenient, since you’ll be able to come to the registration of a company already with the whole family, and with things for permanent residence.

The last step of the company formation procedeure in Montenegro is notifying the competent inspection authority and the municipal authority in charge of economic affairs. All the steps described above can be handled by our experts in company registration in Montenegro.

If you need some more info, e-mail us 

Mob: 00382 69 590 433


If you believe a company in Montenegro can help you in your business, please ask for details. We will be happy to advise.

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Representative Office Montenegro

Representative Office Montenegro

Like in any other country, a representative office provides a presence in Montenegro, to promote your company and your products

What’s the cost of a Representative Office in Montenegro?

As usual, it depends from your goal – do you want to impress your customer with an luxurious office in downtown Podgroica? Or a virtual office is enough? However some basic rules are always true.

Knowing the  bureaucracy I strongly suggest to use a consultant if you can afford it.  Price depends but I believe that they will not charge less than Eur 500 including setup taxes.

Kotor Montenegro

Kotor Montenegro

You need a registered address in Montenegro. You can rent an office, but the law allows using a cheaper virtual office as well.


If you need some more info, e-mail us 

Mob: 00382 69 590 433