Company Registration in Montenegro
Establishing a DOO (LLC) in Montenegro
Starting from 250 EUR
Required Documents:
- Founder’s passport
- Director’s passport (if different from the founder)
- Company name
- Type of business activity
- Montenegro phone number
- Montenegro address
- Address in the country of citizenship
What You Receive:
- A registered legal entity in Montenegro
- Registration decision
- Articles of Association
- Company seal
- Extract from CRPS (Central Register of Business Entities)
You can start the registration process by filling out the form at the link below.
What You Need to Know:
DOO (Društvo sa Ograničenom Odgovornošću) is the Montenegrin equivalent of a Limited Liability Company (LLC), the most common business structure in the country. Registering a DOO attracts foreign entrepreneurs due to its simple process, transparent requirements, and low tax rates.
Benefits of Establishing a DOO in Montenegro:
✅ Official Legal Entity – You gain company status, allowing you to sign contracts, hire employees, and work with both local and international partners.
✅ Limited Liability – Founders are only liable up to the company’s share capital (minimum capital required is just 1 EUR).
✅ Tax Advantages – Montenegro has one of the lowest corporate tax rates in Europe at only 9%, making it an attractive destination for business.
✅ Market Access – Establishing a DOO simplifies working with EU partners and other international businesses due to Montenegro’s strong reputation as a business-friendly hub.
DOO Obligations:
🔹 Accounting Compliance – Every company must maintain financial records and submit tax reports.
🔹 Tax Payments – In addition to the 9% corporate tax, you are required to pay social contributions if you have employees.
🔹 Employee Registration – Hiring workers requires compliance with labor laws, including contract registration and social security contributions.
🔹 Company Maintenance – Even if your company is inactive, you must submit annual reports and pay minimum administrative fees.
VAT Registration Threshold
Companies with an annual turnover below €30,000 are exempt from mandatory VAT registration. This simplifies bookkeeping for small businesses. However, if your turnover exceeds this threshold, VAT registration becomes obligatory, with a standard rate of 21%.
Why Open a DOO in Montenegro?
Setting up a DOO is an affordable and strategic move for entrepreneurs looking to expand internationally or operate in Europe with minimal costs. However, careful tax and legal planning is essential to fully leverage Montenegro’s business-friendly environment.