Import and Export in Montenegro

Import and Export in Montenegro

The Montenegrin economy relies heavily on tourism, foreign investments and trade. Import and export in Montenegro is supported by the local authorities through a series of measures to liberalize the trade regime. If you want to open a company in Montenegro, you should know that the key commodities of the country are manufactured goods, agricultural products and…
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Set up a Sole Trader in Montenegro

Set up a Sole Trader in Montenegro

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 company registration in Montenegro can give you all the details regarding the process of setting up a…
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Open a Hotel in Montenegro

Open a Hotel in Montenegro

The tourism industry in Montenegro is accounted for 25% contribution to the GDP and 23% of total employment. Businessmen who want to open a hotel in Montenegro need to be aware of the fact that tourism is an attractive destination for foreign investments. With the fastest growing tourist market in the world, the hotel…
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Buy a Property in Montenegro

Buy a Property in Montenegro

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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Manufacturing Food Products in Montenegro

Manufacturing Food Products in Montenegro

During the last decade, the food manufacturing sector has witnessed a constant growth. The agricultural sector contributed by 10% of value added to GDP and employed 6.5% of the total labor force. An increase of the domestic consumption of fruit and wine is expected within the next five years.If you want to invest…
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Open a Restaurant in Montenegro

Open a Restaurant in Montenegro

With very easy and cheap company incorporation process, low corporate tax rate and relaxed laws on foreign ownership, Montenegro is a very popular investment destination. Opening a restaurant in Montenegro can be a very successful idea since it operates year-round and considerable amounts of money are spent on food by locals and tourists alike.If you are interested in opening…
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Dividend Tax in Montenegro

Dividend Tax in Montenegro

Any company registered in Montenegro, managed and controlled there is considered to be resident and is subject to taxation. The flat corporate tax for a Montenegrin company is 9%, one of the lowest rates in Europe. The dividend tax in Montenegro is 9%, whether is paid to residents or non-residents. Taxation of dividends may be subject to…
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Trademark Registration in Montenegro

Trademark Registration in Montenegro

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

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 which governs will depend on the type of…
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Corporate Tax in Montenegro

Corporate Tax in Montenegro

If you open a company in Montenegro, you will have to pay taxes. One of these taxes is the corporate tax in Montenegro, which is imposed on corporations who earn income from sources within and outside the country, depending on the residency of the companies. Resident companies are taxed on income from…
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