Company Formation in Montenegro
Simple, cost-effective and strategically positioned in the European region.
Montenegro has emerged as a highly practical jurisdiction for entrepreneurs seeking a straightforward setup process, low corporate taxation and efficient access to regional and international markets. With fast incorporation timelines, minimal capital requirements and full foreign ownership permitted, it is a strong option for both new ventures and expanding international operations.
Set up your Montenegro company in up to 7 days. 9% Corporate Income Tax
Quick facts
9% Corporate Income Tax
100% Remote Setup
Strategic location & Lifestyle friendly
Why Choose Montenegro
Fast & Accessible Incorporation
Company formation is typically completed within a few days, with minimal documentation required. A single individual may act as both shareholder and director.
Low Corporate Taxes
Corporate profit tax starts at 9%, one of the lowest rates in Europe. Even for higher profit brackets, the overall tax burden remains moderate and predictable.
Full Foreign Ownership
Non-residents can fully own and manage a Montenegrin company without any requirement for local residency or physical presence during incorporation.
Stable and Business-Friendly Environment
Montenegro maintains a predictable legal system, modern commercial legislation and a steadily improving digital administration.
Strategic Adriatic Location
An ideal bridge between the EU and the Balkans, offering easy access to European markets and international trading routes.
Procedure & Timeline
Document Preparation (1–2 days)
Selection of company name
Choice of business activity (NKD code)
Preparation of shareholder and director documents
Drafting the Memorandum of Association
Optional: Power of Attorney if incorporation is handled remotely
Company Registration (2–3 business days)
Submission of documents to the Montenegrin Business Registry (CRPS)
Registration of the DOO (Limited Liability Company)
Issuance of the company certificate (Decision on Registration)
Obtaining the PIB (tax number) from the Tax Administration
Bank Account Opening (3–7 days)
Submission of KYC/AML documentation
Identity verification of shareholder(s) and director(s)
Opening of a business account with a local bank or approved fintech provider
Activation of online banking and issuance of debit cards
Note: Some banks may request a brief in-person visit for KYC verification, depending on the business model and risk classification.
Post-Incorporation Compliance (1–3 days)
Registration with the Employment Agency (if hiring staff)
VAT registration (only if the company exceeds the threshold or voluntarily applies)
Appointment of an accountant
Activation of e-banking and invoicing systems
Total Estimated Timeline
5–10 business days for full setup, including banking
2–3 business days for company registration alone
Montenegro offers one of the more efficient timelines in the region, especially when documentation is properly prepared in advance.
More About Our Company Formation Service in Montenegro
Types of Companies in Montenegro
DOO (Limited Liability Company)
The most commonly used structure:
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Minimum capital starting from €1
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Simple governance rules
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Limited liability protection
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Suitable for both service-based and trading businesses
AD (Joint Stock Company)
Used primarily for larger enterprises, regulated industries or businesses seeking more complex shareholder structures.
Taxation Overview
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Corporate Income Tax: starting at 9%
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Dividend Tax: applied at moderate rates (15%)
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No wealth tax
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No global income tax for non-residents
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Moderate payroll contributions for locally hired staff
The tax system is straightforward, transparent and highly competitive within the European region.
Banking & Financial Infrastructure
Montenegro provides a stable and well-developed banking sector offering:
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Multi-currency business accounts
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SEPA and international transfer capability
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Modern online and mobile banking
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Debit and credit cards suitable for global use
In addition to traditional banks, many entrepreneurs today use fintech and digital multi-currency platforms, which simplify cross-border operations and accelerate account onboarding.
Compliance & Administration
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Basic bookkeeping is required
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Annual financial statements must be submitted
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VAT registration is mandatory only above the turnover threshold
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Directors do not need to reside in Montenegro
Overall compliance obligations remain considerably lighter than in most EU jurisdictions.
Who Is Montenegro Ideal For?
Montenegro is an excellent choice for:
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Online service providers and consultants
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International entrepreneurs seeking low operational costs
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IT, digital, marketing and remote-first businesses
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Trading and import/export companies targeting regional markets
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Founders who value flexible regulations and quick setup
Lifestyle & Environment: Coastline, Nature & Quality of Life
What truly distinguishes Montenegro is its exceptional natural beauty and relaxed Mediterranean living.
The country offers a unique blend of Adriatic coastline, crystal-clear sea, and mountain landscapes—all within short travel distances. The Bay of Kotor is widely regarded as one of Europe’s most spectacular coastal areas, while national parks like Durmitor and Lovćen offer dramatic scenery for outdoor activities.
With long summers, mild winters, a slow-paced lifestyle and affordable living costs, Montenegro appeals not only for business efficiency but also as a place where founders can comfortably live, work or spend part of the year. This lifestyle advantage adds significant value to the overall business proposition.
Client Testimonials — Northbridge Strategy
Book a Consultation
with our team now!
Entrepreneurs should seek guidance in choosing the right company structure, understanding the tax implications and navigating both traditional and fintech banking solutions. Proper planning ensures a smooth setup and fully compliant long-term operations. Our team is here to provide complete & professional advisory support.