Starting a business in Montenegro
Legal Forms of Companies
- Limited Liability Company (LLC/d.o.o)
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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.)
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Number of partners: Minimum of one person
Capital (max/min): EUR 25,000
Shareholders and liability: Unlimited liability
- General Partnership (GP/o.d.)
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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.)
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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
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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
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All documents are available at the Central Register of the Tribunal of Commerce.
- For Further Information
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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: March 2023