Create a company in Montenegro
 Are you looking to create a company in Montenegro?
The following will be covered in this article:
1. Why create a company in Montenegro
2. Cases in which a company in Montenegro is NOT appropriate
3. My lawyer’s fees to create a company in Montenegro
1. Why create a company in Montenegro?
- Foreigners can own a company in Montenegro.
- A 9% corporate income tax rate up to €100,000 profit, 12% between €100,000 and €1.5 million, and 15% above that. 15% dividend tax, amongst the lowest in Europe.
- Owning a company, appointing yourself as the director, and paying yourself the minimum wage qualifies you for residency. So yes, moving to Montenegro is not only lovely, but easy as well. There are some caveats. More information on how to get residency in Montenegro.
2. Cases in which incorporating in Montenegro is NOT appropriate
Some offshore incorporators will try to sell you a Montenegro corporation as a great offshore structure. It’s not.
The reality is that it is appropriate only for:
- People who live in Montenegro and want to use the structure for their business internationally.
- People who want to use the company to obtain a residency visa
- People who want to do business in Montenegro.
If you live in Montenegro and have an online or offshore business, then it might work for you, but the reality is that banking in Montenegro is quite bureaucratic. You’ll be expected to physically go to the bank on a regular basis to deal with issues. So if you are in Montenegro, it’s fine. But if you live far away, it’s not a good option.
3. My incorporator’s fees to create a company in Montenegro
Andreas, my incorporator in Montenegro is really great. He’s reasonably priced, speaks English, German and Montenegrin fluently.
Creating a company in Montenegro
LLC / DOO- Documentation preparation and registration in about a week
- Certificate of Incorporation
- Company seal and stamp
- Official registered company addressÂ
- Obtention of tax number (PIB)
- Registration of the company director for insurance and social security contributions with the tax authorities
- Can be done entirely remotely with a Power of Attorney
Extra Services |
Price |
| Business bank account opening | €150 |
| Personal bank account opening | €150 |
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- Create a Company in Montenegro
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