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…
A real estate due diligence in Montenegro implies taking caution, effectuating calculations, analyzing documents, obtaining insurance, checking the real estate and so on. It essentially means doing the research for the property prior to actually buying it. Our company formation advisors in Montenegro can effectuate this type of research for you, upon request. Types…
A company due diligence in Montenegro is the evaluation of a business from several points of view. Prior to committing in a commercial relationship with a Montenegrin company, an entrepreneur has to collect information on it and analyze the financial risks of doing business with each other. Our company formation consultants in Montenegro can…
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.…
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…
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…
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…
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…
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…
An investor who wishes to open a company in Montenegro needs to take into consideration several aspects regarding the share capital regulations in this country. Our firm is specialized in company formation in Montenegro and can help you understand the principal issues concerning the functioning of share capital for your company. The importance of the share capital…
