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
The Competent Organisation
All documents are available at the Central Register of the Tribunal of Commerce.
 
Setting Up a Company Montenegro Eastern Europe & Central Asia
Procedures (number) 8.0 5.3
Time (days) 12.0 11.8

Source: Doing Business, 2016

 
Business Setup Procedures
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: September 2022