Investment framework and opportunities in Montenegro

Procedures Relative to Foreign Investment

Freedom of Establishment: Foreign legal and natural persons have the right to establish a company in Montenegro under the same conditions as nationals. The most common forms of companies are: limited liability company (LLC) and joint stock company (JSC).
Acquisition of Holdings: There are no limits on foreign control and right to private ownership in Montenegro.
Obligation to Declare: Since May 2011 new business entities are able to register in one place any economic activity. A one-counter operating system allows business entities by registering in the Central Registry of Business Entities to be automatically registered in the register of the Department of Statistics, the register of taxpayers and customs payers, the register of payers of value added tax (VAT) and excise taxpayers. With changes in the regulations electronic registration of companies is enabled through the portal www.euprava.me.
To learn more about the registration process of a foreign company, you may visit the dedicated page on Invest in Montenegro website.
Competent Organisation For the Declaration: E-Regulation portal (one-window portal)
Requests For Specific Authorisations: Any foreign investor is free to invest anywhere in the country, except in places defined by the Law as forbidden areas (national parks, border zones, etc.). Sensitive sectors such as arms are subject to specific legislation.

Investment Aid Agency: Montenegrin Investment Agency (MIA)
Tenders, Projects and Public Procurement: Tenders Info, Tenders in Montenegro
DgMarket, Tenders Worldwide
Other Useful Resources: Ministry of Economy
Investing in Montenegro
Montenegro Foreign Investors Council
Montenegro Official Investment and Business Opportunities Guide 2018

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