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’s 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
A DOO (Društvo sa Ograničenom Odgovornošću) is Montenegro’s equivalent of a Limited Liability Company (LLC) and the most widely used legal form for doing business in the country. It is popular among foreign entrepreneurs due to a straightforward incorporation process, transparent requirements, and a competitive tax environment.
Key Benefits of Establishing a DOO in Montenegro
✅ Recognized Legal Entity – A DOO provides a formal corporate structure, enabling you to enter into contracts, hire employees, and work with both local and international counterparties.
✅ Limited Liability – Shareholders’ liability is generally limited to their contributions to the company’s share capital (minimum share capital: €1).
✅ Competitive Corporate Taxation – Montenegro offers an attractive corporate tax framework.
✅ International Business Convenience – A DOO can simplify cooperation with EU and other international partners, particularly when a structured legal entity and formal documentation are required.
Ongoing Obligations
🔹 Accounting and Reporting – Companies must maintain proper accounting records and submit the required tax and financial reports.
🔹 Tax and Contributions – In addition to corporate income tax, businesses may be required to pay payroll taxes and social contributions when employing staff.
🔹 Employment Compliance – Hiring employees requires compliance with Montenegrin labor regulations, including employment contracts, registration, and social security contributions.
🔹 Annual Maintenance – Even if the company is inactive, annual filings and certain administrative fees may still apply.
VAT Registration Threshold
Businesses with annual turnover below €30,000 are generally not required to register for VAT. This reduces administrative burden for smaller companies. If turnover exceeds €30,000, VAT registration becomes mandatory, and the standard VAT rate is 21%.
Why Open a DOO in Montenegro?
A DOO is a practical and cost-efficient option for entrepreneurs seeking to operate in Montenegro or structure international activities with a formal corporate vehicle. To benefit fully from the available tax and legal framework, professional planning and ongoing compliance are strongly recommended.