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Articles

Taxation of Sole Proprietorships in Montenegro

Taxation of Sole Proprietorships in Montenegro

Law
Sole proprietorships in Montenegro are individuals who do business on the local markets for the purpose of making profits. These types of legal entities are regulated by the Company Act in Montenegro. In this article, our company formation agents in Montenegro present a few aspects related to the taxation of sole traders in Montenegro. The Law…
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Taxation of LLCs in Montenegro

Taxation of LLCs in Montenegro

Law
One of the most popular types of legal entities in Montenegro is the LLC (limited liability company). At the present, LLCs are particularly chosen by foreign entrepreneurs because they offer the possibility of land ownership in this country, which is not possible otherwise for foreign citizens in Montenegro. In this article, our company formation…
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New Company vs. Shelf Company in Montenegro

New Company vs. Shelf Company in Montenegro

Law
The Company Act in Montenegro is very flexible, allowing foreign investors and nationals to set up different types of companies or purchase already established companies – shelf companies. New company versus shelf company in Montenegro entitles several advantages, depending on several factors. Our company formation experts in Montenegro can help you choose the type of company which suits your business purposes.…
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Set up a Sole Trader in Montenegro

Set up a Sole Trader in Montenegro

Law
The Company Act in Montenegro regulates the forms of organizations pursuing economic activities and their registration procedure. Foreign investors and local businessmen alike can set up sole traders in Montenegro, following the provisions of this law.  Our experts in opening companies in Montenegro can give you all the details regarding the process of setting up a…
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Buy a Property in Montenegro

Buy a Property in Montenegro

Law
There are no legal restrictions to foreign individuals to buy a property in Montenegro. Residential destinations are easy to acquire by foreigners, but company registration in Montenegro is compulsory if they want to acquire land in this country. The basic requirements to be met in order to buy a property in Montenegro are stipulated in the Law…
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Trademark Registration in Montenegro

Trademark Registration in Montenegro

Law
If you want to be granted rights over your intellectual property, trademark registration in Montenegro is mandatory. An unregistered trademark can be protected only in some exceptional cases. The trademarks are graphic representations (letters, signs, numbers and colors) used by companies in Montenegro to identify their goods and products. There are three types of…
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Company Liquidation in Montenegro

Company Liquidation in Montenegro

Law
Company liquidation in Montenegro is the cessation of business operations. The process is covered by the Law on Business Organization, the Law on Bankruptcy and Insolvency of Insurance Companies, the Business Organization Insolvency Law, and the Law on Bank Bankruptcy and Liquidation Proceedings. The law that governs will depend on…
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Shelf Companies in Montenegro

Shelf Companies in Montenegro

Law
At this time the Montenegrin legislation does not allow the sale of shelf companies. Instead we recommend setting up a new company. Contact us for more details.Montenegro is a country situated on the coast of the Mediterranean Sea, in the vicinity of Italy and Croatia. It is a relatively new…
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Yacht Registration in Montenegro

Law
The Montenegro’s legislation applicable for yacht registration is the Law on Yacht. According to it, every yacht that wants to receive the Montenegro’s nationality must be registered in the Register of Yachts of the Republic of Montenegro. The Register of Yacht contains the Main Book and other documents. The Main Book contains information…
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Establish a Branch in Montenegro

Establish a Branch in Montenegro

Law
You can rely on our company registration agents in Montenegro if you need help in setting up a branch office in this country.  Quick Facts   Applicable legislation (home country/foreign country)  Foreign country   Best used for Financial activities (banking, insurance) Minimum share capital (YES/NO) NO Time frame for the incorporation (approx.) Approx. 4…
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