Company formation in Montenegro

General Information about Company Formation in Montenegro

We create companies in Montenegro, we create limited liability companies. This type of company is the most common because it requires that a shareholder and a director.

A board of directors may also be established if necessary.

The shareholders of such companies may be natural or legal persons.

No minimum capital is required, by against a bank account must be opened to record the undertaking.

Shareholders are liable for the obligations and liabilities of the company at the height of their contribution share.

Taxation in Montenegro:

In terms of taxation in Montenegro, the corporate income tax in Montenegro will be 9%.

VAT in Montenegro is 19%, but note that in some cases reduced rates of 7% and 0% may be applied to certain products.

As regards the withholding taxes on dividends, interest, they will amount to 9% in Montenegro.

The only case where this will not be applied is in the case of double taxation agreements

The main activities that you can take with a company formation in Montenegro:

“Entrepreneurship”

“E-Commerce”

“Consulting”

“Import-Export”

“Detention of real estate property”

“Detention and exploitation of IP”

“Organizing Your Estate”

“Brokerage”