Montenegro is one of the most attractive countries to start business. Company opening process is fast and easy, and takes not more than 7 days. Any foreigner or foreign company can be a founder of an LLC in Montenegro. Establishing company in Montenegro is possible with the notarized, valid Power of Attorney.
You are interested in the process of establishing a limited liability company (LLC) in Montenegro? We will prepare the documents before your arrival to Montenegro. The process of preparation for company opening will be completed in 4 easy steps:
- COMPANY NAME
Choose the name of your company, and send it to us. We will check the company name availability, and let you know. Few variations of the company name are preferable, if the main name is not available.
- COMPANY ADDRESS
Choose the official address of your company, and send it to us. Our accounting clients can use our company legal address for their company legal address in Montenegro. This service is free of charge. Please have in mind that some kind of businesses are obliged to have physical office.
- MAIN ACTIVITY OF THE COMPANY
In order to prepare the supporting documents for company opening in Montenegro, you should inform us – what would be the company main activity? Apart from one, main activity, the company will be able to have other business activities. Nevertheless, there can be only one main activity. It is necessary to check if additional licenses or authorizations are needed for your business.
- INFORMATION ABOUT FOUNDER AND EXECUTIVE DIRECTOR
The company might have more than one founder. If that is the case, we would need the information from you about the share percentage of the founder(s), as well as their passports and the address in their origin country.
On the other hand, company can have only one executive director. He might be a foreigner or local person. The executive director of the company is obliged to be hired, which means that he needs a working contract and to live in Montenegro. If the executive director is a foreigner, he has to apply for the temporary residence permit in Montenegro. We need the valid passport of the Director, the valid Criminal report, issued in the last six months in the country of origin, as well as the address in their origin country.
After the preparation of the documents, the process of company opening will start. The process of company establishing in Montenegro takes up to 7 days.
After the company is established, the following steps will be taken:
- Founder and director arrival to Montenegro for two days (minimum)
- Obtaining the stamp of the company
- Signing the documents for the company bank opening
- Applying for the residency permit ID card
All supporting documents for the following steps will be prepared by our agency.
Interested to register a company in Montenegro? Contact us!
