Procedure of company formation in MONTENEGRO

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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