Montenegro flag Montenegro: Operating a Business in Montenegro

Starting a business in Montenegro

Legal Forms of Companies

Limited Liability Company (LLC/d.o.o)
Number of partners: Minimum: 1 person with a maximum of 30
Capital (max/min): EUR 1
Shareholders and liability: Liability limited to the capital contributed
Joint Stock Company (JSC/a.d.)
Number of partners: Minimum of one person
Capital (max/min): EUR 25,000
Shareholders and liability: Unlimited liability
General Partnership (GP/o.d.)
Number of partners: Minimum: 2 partners
Capital (max/min): No minimum capital requirement
Shareholders and liability: General partners are personally liable, with no limitation, for the company's debts and obligations
Limited Partnership (LP/k.d.)
Number of partners: Minimum: 2 partners
Capital (max/min): No minimum capital requirement
Shareholders and liability: General partners are personally liable, with no limitation, for the company's debts and obligations; whereas silent partners are liable to the extent of their contributions
Sole trader
Number of partners: Only one
Capital (max/min): No minimum capital requirement
Shareholders and liability: Unlimited liability

Business Setup Procedures

Setting Up a Company Montenegro Eastern Europe & Central Asia
Procedures (number) 8.0 5.3
Time (days) 12.0 11.8

Source: Doing Business - Latest available data.

 
The Competent Organisation
All documents are available at the Central Register of the Tribunal of Commerce.
For Further Information
Consult Doing Business Website, to know about procedures to start a Business in Montenegro.
Company Registration Service in Montenegro

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Latest Update: November 2022

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