Procedure of company formation in MONTENEGRO

Procedure of company formation in MONTENEGRO

The procedure of company formation a 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.

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

WHAT WE NEED FROM YOU :

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 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 procedure is quite simple and fast We describe it in stages

Step 1: Decide

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.

Step 2: Fill out the registration form.

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

  1. by choosing the name of your future company in Montenegro.
  2. Determining the authorized capital of companies in Montenegro. Currently, the minimum allowed amount of share capital is 1 EUR.

Step 3: Pay for our services

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.

Step 4. Company registration we need the following documents:

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.

Step 5. Residence permit

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.

If you need additional information, send us an e-mail at selecta.me@gmail.com  Mob: 00382 69 590 433

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