Company Formation in Montenegro
Company registration in Montenegro
We offer the full range of services necessary to incorporate all types of companies, with the aim of minimizing operating expenses and red tape for our clients.
We offer a comprehensive portfolio of company formation services. Not only that, we will also provide a company seat (address), carry out administrative work, business communication support with regulatory bodies, and do market research to gather useful information for your company.
We have considerable experience in working with international companies starting a business in Montenegro. Therefore, we will properly prepare everything you need to successfully embark on your new venture.
Types of business entities in Montenegro
Limited liability company (LLC)
A limited liability company is a type of company that can have one or more founders and in which every member has a share in the share capital of that company. The share capital of the LLC is the sum of all the shares brought by the founders (money and non-money share) The value of share brought by founders and member does not have to be the same, so it can differ with each member. The minimal amount of share capital is 1 EUR.
Joint Stock Company
A Joint Stock Company is designed especially for large businesses due to the fact that it requires a high amount of capital (25,000 EUR) and the shares of it can be transferable to the public. The major decisions are also taken by the General Meeting of the shareholders but the daily decisions are taken by the Board of Directors appointed by it. An auditor is also appointed in order to check the company’s finances.
Foreign investors which own a company in another country can open a Montenegro branch by providing the minimum share capital and by taking the whole responsibility for their actions. Other forms of business opened by foreign companies are the subsidiaries and for research purposes, the representative offices.
General Partnership
This is another business form available for foreign entrepreneurs who want to operate in Montenegro. The general partnership can be created by at least two members, known as partners. These can be natural persons or other companies, or a natural person and a company.
Entrepreneur
The simplest business form when starting a business in Montenegro is the sole proprietorship or sole trade
An entrepreneur is a physical person registered in the Business register agency for performing activities. The entrepreneur is registered as a form of legal entity by one physical person and it is set up to perform a business activity to make a profit (or gain). Each person (local or foreign) can be registered as an entrepreneur.
Microledger Montenegro can provide feedback during the whole process of setting up a company. We also give you full support whether it is about setting up a new company, a branch office, a subsidiary, or an affiliate. Once the company is registered, Microledger Montenegro can support it with a full set of services such as accounting, payroll, monthly reporting, preparation of annual financial and tax reports and tax consulting.
Choose the name of your company
If the preferred business name is not available, we will notify you.
Preparation of documentation
Please provide us the necessary documentation for company registration, and our legal team will check and prepare the documentation.
Opening a bank account
We will open a bank account for your company.
Registration completed
Your company is registered. If you want to continue cooperating with us, all you need to do is choose a service package. Or we will send you an offer per request.
“Our seasoned team of professionals will handle your company formation process from start to finish. We also offer directorships, registered office services and company secretary services.”
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Whatever your question, our team will point you in the right direction.
