FREQUENTLY ASKED QUESTIONS
The costs of company formation in Montenegro vary depending on the type of company may show. On average, registration, legal advice and other official costs may vary. In addition, annual accounting and tax
There are also additional costs such as services.
The company formation process usually takes 10-15 working days, with the complete preparation of the necessary documents and approval by local authorities. Our team will be with you every step of the way.
In Montenegro, Limited Company (DOO) and Joint Stock Company (AD) are generally preferred. While Limited Liability Company is the most suitable option for small and medium-sized businesses, Joint Stock Company is recommended for larger investments. We offer consulting services for the type of company that suits your objectives.
In Montenegro, corporate tax is 9% and VAT is 21%. In addition, lower VAT rates may apply in certain sectors. We offer professional accounting services to fulfill your tax obligations.
You can obtain a residence and work permit by establishing a company. Our team will guide you through the preparation of the necessary documents and the application process. The process is completed in approximately 1-2 months.
The Montenegrin government offers various tax exemptions and supports to encourage foreign investors. Special incentives are available especially for tourism, energy and infrastructure projects.
Low tax rates, affordable labor, proximity to Europe and a rapidly growing economy are among the advantages of starting a business in Montenegro. In addition, low bureaucracy and foreign investor-friendly laws are also a great advantage.
Labor costs in Montenegro are quite low compared to Western European countries. The minimum wage is around 450 Euros per month. This is advantageous for investors who want to keep operating costs low.
Tourism, real estate, energy and agriculture sectors are among the most advantageous sectors to invest in Montenegro. Especially in coastal cities such as Budva, the tourism sector offers great opportunities.
Communication with local authorities and document approval processes are usually fast and transparent. Our team prepares all the necessary documents, communicates with local authorities on your behalf and easily completes the process.
After establishing a company, you need to open a bank account. Local banks offer special services for foreign investors. Our team supports you in the bank selection and account opening process.
In order to establish a company, it is necessary to obtain approval from local authorities, complete registration procedures and submit the necessary documents. We ensure that you fulfill all requirements by providing professional support on legal processes.
When doing business in Montenegro, it is important to adapt to the local culture and way of doing business. It is a culture where human relationships are valued and making local connections can make your work easier. It is also important to use a formal and professional language.
To set up a company, you will need a copy of your passport, address details and certain application forms depending on the type of company. Our team will assist you with the complete preparation and correct submission of the documents.
In popular areas such as Budva, rental prices vary depending on the location and size of the premises. Our team will support you in finding the right business premises for your needs and manage the negotiation process.
Low tax rates, affordable labor and low rental costs are among the financial advantages of setting up a company in Montenegro. In addition, its proximity to Europe and free trade zones provide additional advantages.
Montenegro offers a friendly and peaceful life for foreigners. With its sunny climate, natural beauty and low cost of living, it is an attractive destination for foreigners. In addition, the presence of international communities in cities such as Budva facilitates social life.
Residence permit by establishing a company Residence permit application requires company documents, personal information and documents from local authorities. Our team manages this process on your behalf.
Tax returns are submitted annually and monthly accounting records are kept. Our professional accounting team ensures that these processes are carried out in a complete and timely manner.
Montenegro is strategically located for European market entry. Thanks to its geographical proximity to Europe, free trade agreements and convenient logistics, you can easily open your company to the European market. Our team facilitates your market entry by providing strategic advice in this process.