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”