Welcome to our professional agency, your trusted partner in company formation and administrative services in Montenegro. With over 25 years of experience and a dedicated team of around 30 professionals, we are committed to ensuring a seamless and efficient process for establishing your business in Montenegro.
Montenegro: A Haven for Business
Montenegro presents an excellent business opportunity for entrepreneurs for several reasons:
- Exceptionally Low Corporate Tax: Startin from only 9% – one of Europe’s lowest!
- Minimal Startup Costs: Launch your business with just €1 minimum share capital.
- Stable & Secure Environment: Backed by WTO membership.
- Cost-Effective Operations: Enjoy low business costs and a skilled workforce.
- Favorable Banking Environment: Access stable banks and various credit options.
- Investment Incentives: Government programs to fuel your business growth.
- Citizenship Pathway: Possibility of obtaining Montenegrin citizenship through investment.
- Well-Connected Infrastructure: Easy travel with a well-connected airport and diverse accommodation.
- Work-Life Paradise: Stunning nature and leisure activities for a perfect balance.
- Business-Friendly Nation: Streamlined processes, attractive benefits, and affordable office space.
- Reach European Markets: Strategic location for European and Mediterranean trade.
- Foreign Company Representation: Open a representative office for marketing and more.
- Sea Access for Boating Enthusiasts: Exclusive marinas await.
- Multilingual Talent Pool: Leverage a workforce with diverse language skills.
- Modernized Business Landscape: Continuous government efforts to improve infrastructure.
Advantages of Opening a Company in Montenegro
- Low Operating Costs: Operating costs in Montenegro are relatively low compared to more developed European countries.
- Stable Political and Economic Environment: Montenegro is a member of NATO and the WTO, which speaks to the stability of its political and economic environment.
- Skilled Workforce: Montenegro boasts a well-educated and motivated workforce, ready to learn and adapt to new challenges.
- Strategic Geographical Location: Montenegro is situated on the Adriatic Sea, giving it a strategic position for export and trade with European and Mediterranean markets.
- High Standard of Living: Montenegro offers a high standard of living with stunning nature, rich culture, and hospitable people.
Taxation in Montenegro
Montenegro offers a competitive tax system for both local and foreign investors:
- Corporate income tax: 9%-15%
- Personal income tax: 15%
- Salaries up to 700 euros (EUR) (gross) are exempt from tax.
- Salaries ranging from EUR 701 up to EUR 1,000 (gross) are subject to 9% tax.
- Salaries from EUR 1,001 (gross) are subject to 15% tax.
- Value Added Tax (VAT): Standard rate of 21%, reduced rates of 7% and 0%. Registration for VAT needed for the revenue of 30.000 EUR or more.
Company Types
Montenegro offers various types of business structures, including:
- Limited Liability Company (LLC): This is the most common legal form for companies in Montenegro. It can be established with a minimum capital of €1, and the owners are not personally liable for the company’s debts.
- Joint Stock Company (JSC): A minimum capital of €25,000 is required to establish a joint-stock company. The owners are shareholders in the company and are liable for the company’s debts up to the amount of their invested capital.
- Sole Proprietorship: An individual can register as a sole proprietor and conduct business independently. Sole proprietors are personally liable for their business debts.
- Representative Office of a Foreign Company: A foreign company can open a representative office in Montenegro, allowing it to carry out marketing and other activities within the territory of Montenegro.
Transparent Pricing with No Hidden Costs
Our company registration packages come with fixed costs, ensuring transparency and predictability. Depending on your needs, we offer tailored packages or on-demand services to suit your requirements.
Establishing Your Company: Simple and Efficient
Establishing a company in Montenegro is straightforward and can be done remotely. Here’s how:
- Contact us to schedule an appointment.
- Choose a company name (we’ll verify availability).
- Provide necessary information for registration.
- Sign and notarize the prepared power of attorney and send us the original.
- Your company is registered, ready for business!
Seize the Opportunity
Step into the future of business with Montenegro. Whether you’re looking to expand your operations or start a new, Montenegro offers a conducive environment for growth and success.
For more information and personalized assistance, contact us today. Let’s embark on this journey together towards business success in Montenegro.