Company Formation in Montenegro
Europe
Overview
Montenegro, nestled on the Adriatic coast in Southeast Europe, is a rapidly developing nation with a pro-business environment. It offers simplified company formation procedures and is increasingly attractive to foreign investors, often serving as a pathway to residency. Known for its low crime rate, strategic location, and pleasant investment policy, it allows for 100% foreign ownership.
Our Process
Step 1: Company Name Approval
Submit several proposed company names for verification and approval with the Central Register of the Commercial Court.
Step 2: Document Preparation
Prepare all necessary incorporation documents, including the founder's passport and company details.
Step 3: Registration Submission
File the complete documentation with the Central Register of the Commercial Court in Podgorica. This can be done in person or via a notarized power of attorney.
Step 4: Director Appointment & Address Declaration
Appoint an Executive Director and declare the company's registered legal address and primary business activities.
Step 5: Bank Account Opening
Facilitate the opening of a corporate bank account with a local or international bank in Montenegro.
Key Requirements
- Minimum 1 shareholder
- Minimum 1 Executive Director
- Registered local address
- Minimum 1 EUR share capital (for LLCs)
- Passport copy of the founder/director