Legal Services

Opening a company in Montenegro

The following types of companies can be established in Montenegro:

1. Entrepreneur
2. Partnership (OD)
3. Limited partnership (KD)
4. Joint Stock Company (AD)
5. Limited Liability Company (LLC)
6. Parts of foreign companies

The most represented business is performed by economic activities in Montenegro: Limited Liability Company (LLC) and Entrepreneur.

Entrepreneur

An entrepreneur is a natural person who performs an activity for his own account in order to make a profit.

Entrepreneurs are most often registered in the fields of crafts (independent craft shops), trade and services.

The basic characteristics of entrepreneurial activity are:

• An entrepreneur is a natural person who is engaged in economic activity for the purpose of making a profit
• The entrepreneur is responsible for all obligations related to the economic activity that he performs with all his assets

Limited Liability Company (LLC)

A limited liability company may be established by domestic and / or foreign natural or legal persons by investing cash or non-cash funds in the company for the purpose of making a profit, and its founders are liable for the company’s obligations up to the amount of their contributions. The contributions of the founders constitute the initial capital of the company.

The minimum initial capital is 1 €. The maximum number of founders is up to 30 people.

With legal consulting, LUNA MNE will help you decide what is best for your business.

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We are at your disposal if you want to change the executive director, authorized representative or to change the prevailing business of the company.

LUNA MNE offers the following services related to status changes in the company:

• Change of Executive CEO
• Change of authorized representatives
• Change of predominant activity
• Change of the company’s statute
• Change of official addresses
• Opening business units
• Changes in the founding capital

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We also offer you the options to legally suspend business through:

• Voluntary liquidations
• Voluntary liquidations by summary (shortened) procedure
• Introducing bankruptcy

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Before starting business in Montenegro, we offer legal consulting regarding laws, permits and all necessary conditions for legal business. This saves your time and money, and allows you to focus on your business and avoid unnecessary costs for penalties by the competent inspection authorities.

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We also offer the service of checking the documentation that your company has, and checking whether you have everything you need for smooth and legal work and business. In this way, you avoid the possibility of a fine by the inspection bodies for non-compliant operations, in accordance with the applicable regulations in Montenegro.

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We offer a wide variety of contracts in the economy, in order to be legally protected and secure at all times.

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If your company needs a specific license or permit, we will examine the conditions and procedure for obtaining it as soon as possible.

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You need to hire a worker and you don’t know how and what you need from the documentation?

You can contact us at any time to provide you with employee registration services and to arrange employment in your company.

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If you have problems in collecting your claims, we can help you get your money through the enforcement process.

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We are here for you to provide you with legal support in areas that are not listed on our site.

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