Registration fee is from 3500 €
Registration period — 2 weeks
Minimum authorized capital - 1 EUR
Remote opening — no
Financial statements — yes
Montenegro is a small state located on the coast of the Adriatic Sea. Its capital is the city of Podgorica.
Montenegro attracts foreign investors not only as a tourist country with a mild climate, but also as a jurisdiction for doing business and investing. Company registration in Montenegro can be appealing for entrepreneurs planning to work in international markets, develop a trading or service business, or make investments in the country. Corporate tax in Montenegro is progressive and ranges from 9% to 15% depending on the size of the tax base.
Limited Liability Company (DOO), the most common form for small and medium-sized businesses.
Joint Stock Company (AD), a form used in particular for large companies and businesses that require significant capital.
Branches and representative offices of foreign companies, for foreign enterprises planning to conduct activities or represent their interests in Montenegro.
Opening a company in Montenegro can be one of the options for a foreign entrepreneur planning to do business in the country. At the same time, company registration itself does not automatically grant a residence permit. To obtain a temporary residence and work permit, a foreign national must meet the established immigration requirements.
For foreigners who are executive directors or hold more than 51% of a company's shares, the law provides additional requirements regarding the employment of local staff. The conditions for obtaining a residence and work permit must be assessed depending on the company's structure and the applicant's specific situation.
Registering a company in Montenegro with Maira Consult is an opportunity to grow a business in a favorable environment and work with international counterparts. Our experts provide support throughout the company registration process in Montenegro, help prepare the necessary documents, and offer advice on corporate, tax, and immigration matters.
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Ability to open an account with a local bank
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Low corporate income tax
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Favorable investment conditions
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Ability to obtain a residence permit
Director of a company in Montenegro can be a foreign national. Obtaining a permanent residence permit is not a mandatory condition for the company's registration itself. If the director plans to actually carry out employment activity in Montenegro, requirements for obtaining a temporary residence and work permit may apply. Additional requirements regarding the employment of local staff may also apply to foreign directors and company owners.
To open a company in Montenegro, the name must be unique and must include a word or abbreviation indicating its limited liability.
The amount of the share capital is determined in the company's founding documents. The minimum capital for a d.o.o. is 1 EUR, unless the law establishes a higher amount for a specific type of activity.
The director is an individual. Montenegrin legislation allows the appointment of a foreign national as company director. Separate requirements regarding a residence and work permit may apply for actually carrying out employment activity in Montenegro.
A shareholder may be an individual or a legal entity; there are no residency requirements.
Companies in Montenegro are required to keep accounting records and submit financial and tax reports in accordance with statutory requirements.
Mandatory audit applies to companies that meet the criteria established by law regarding the size of assets, revenue, and number of employees, as well as to certain categories of companies.
Corporate income tax (CIT) in Montenegro is levied on a progressive scale and depends on the company's profit:
Thus, the corporate tax rate ranges from 9 per cent to 15 per cent depending on the company's profit and is not dependent on the type of business activity.
Montenegro's state register is open to the public. Basic registration and corporate data of companies are available through the state register in accordance with statutory requirements.
To register a company in Montenegro, you first need to decide on the legal form and the company's name. The most popular form for registering a company in Montenegro is a limited liability company (DOO).
Next, Maira Consult's lawyers will prepare all the corporate documents for registering the company in Montenegro.
The director undergoes identification when signing the company registration documents in Montenegro at a local notary's office.
The share capital of the LLC in Montenegro is formed after registration is completed, if required.
The process of registering a company in Montenegro takes an average of 7-10 business days. Obtaining a residence permit for a non-resident director takes 14-21 business days. After the company is registered in Montenegro, it must be registered with the tax authority.
As soon as the company in Montenegro is registered, the state register issues the company's ready corporate documents with the corresponding markings.
If needed, after registering the company in Montenegro, the documents are sent for apostille.
After registering the LLC in Montenegro, you can pick up the original documents yourself, or we will send the documents to you by courier service.
Phone
+380 97 527-66-30Client Relations Department
+380 73 427-66-30Address
Kyiv, 01054, Ukraine,
40B Ivan Franko St., office 207
Legal information
MAIRA LLC
EDRPOU code: 38202700
Jurisdiction: Ukraine
Working hours
Monday – Friday: 09:00 – 18:00
Saturday – Sunday: closed
We respond to inquiries within 15–30 minutes during working hours