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All prices are subject to VAT at the current standard rate (19%) and valid for the year 2016
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.
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%
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.
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.
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.
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
double tax treaties.
We will guide you through the process of registering your company and establishing your registered identity.
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.
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.
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:
A scanned copy of your passport showing the photograph, personal details and the 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.
Perhaps this is the most important and most difficult thing to decide. Carefully browse our website if you have any questions, contact us via the contacts listed on our website. Please proceed with the next steps only if you have already clarified all issues with our help and we decide to continue with the registration of the company in Montenegro. Respect your and our time.
Payment for our services is divided into two parts, before arriving in Montenegro you pay the first part, and upon arrival in Montenegro – the rest. Since you have no doubt researching our price list, take a look at which we offer three options for company registration, which actually differ in the range of additional customization services. Based on that, the size of the work to be done differs, and accordingly the size of the advance.
The first variant of company registration (at the price of „Start“) – before your arrival is not done; the total costs of our services are paid on the first day after arrival in Montenegro.
Another variant of company registration (in the price of „Basic“) – according to a number of services we need to find you accommodation and arrange a transfer. It’s already some work and, moreover, we want to make sure it doesn’t work in vain, and you’re really coming
to Montenegro, but not to abandon their plans for so-called „family reasons“. So the subscription is 200 euros; The total price of our services is paid upon arrival in Montenegro.
The third variant of company registration (in the price „Exclusive“) – add some more services that require a previous organization, especially we need to find a free language teacher. The advance is 300 euros; the total price is paid upon arrival in Montenegro.
* The payment order is relevant if you plan to come to Montenegro in person to register a company. In our opinion, this is a more convenient option for you. There is also the possibility of registering a company through a proxy. In this case, the total price paid as a deposit.
Certified copies of passports. It is convenient to certify and translate them already in Montenegro, because it is more complicated to perform this procedure abroad.
If you arrived in Montenegro in person, you do not need additional documents. In the case of remote company registration, we need the approval of the company founder on behalf of our employee.
Upon completion of the preparatory phase, the company was registered in the Commercial Court of Montenegro and an account was opened with the tax and statistical authorities. These processes, including company registration, usually do not take more than 10-15 days.
After registering the company, we can form a package of documents for obtaining residence permits. We offer a range of services for the preparation of this package of documents. A residence permit is issued within 30 days. It is appropriate to clarify the issue of visas: at the entrance to Montenegro, depending on citizenship, you have the right to stay in the country for 30 to 90 days. For those who can only have 30 days (for example, Russian citizens), the visa expires before they obtain a residence permit, as
company registration and subsequent receipt of a residence permit takes longer than 30 days. But this is not scary, because when you get the documents for a residence permit, you will get a sign that allows you to stay in the country for those 30 days, which is very convenient, because you will already be able to come to the company with the whole family and permanent residence.
The last step in the process of establishing a company in Montenegro is to inform the competent inspection body and the municipal body responsible for economic affairs. All the steps described above can be performed by our company registration experts in Montenegro.
Like in any other country, a representative office provides a presence in Montenegro, to promote your company and your products
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.
You need a registered address in Montenegro. You can rent an office, but the law allows using a cheaper virtual office as well.