Starting a business in Montenegro
Hi everyone,
Thank you all for sharing wealth of information on moving to Montenegro and company registration. I am a B2B marketing consultant and looking to move to Montenegro in October. I will appreciate contacts of good and cost efficient accountants who could help me in registering company and processing of work/resident permit. Any tips/guidance will be welcome
Thanks
Raghu
hi im tafil shala from kosovo prishtina i work as a woodworker and how can i bring to montenegro furniture i would like to know
Hi, just ask. have you moved in Montenegro already? have you set up the business? i think i will go through the same process as yours in few months.
Hi everyone, thanks for interesting informations.
I am living in Turkey , working in a Turkish and also i have a self-employe company (sole proprietorship)Â here which design boats and yachts, I have some plans to close my company here and set up in Montenegro by renting a virtual office because of lower income-taxes. In turkey i pay between %25-35 income taxes every year.
I will keep to stay in Turkey , so i quess just a virtual office and self-employee company is enough for me. Do you think this is logical?
I can only confirm that if you request a residency permit based on having opened a business and being the "director" you must live in Montenegro. I am not sure if you can run the business remotely, but I know my immigration consultant said you can not be out of side of Montenegro more than 1 month if you want to keep the "residency permit".  It is best to speak to an immigration consultant. Anyone who needs a recommendation can PM me. I know a good one.
Hi,
In our consulting agency we work with some client from Turkey regarding to visa˛˛&work permits as well . For starting the business here in MNG should be open one company with one person as director and should have permits and than you can work from Turkey and lead your business normally. Here will be tax residence as well to pay tax and contribution on the salary and on income....If you want more detail info please contact us...
Best regards
Hi, can u recommend a company to help to start a business?
OPJM123, Your immigration consultant is wrong. The Immigration law of 2018 (updated in 2019) says that the executive director of the company can be absent from MNE without limitations while having one-year temporary permit.
Mchua wrote:Hi, can u recommend a company to help to start a business?
Feel free to send me PM, my agency provides these services
I would totally recommend you XXXXÂ They helped me of registering a company and applying for a temporary residence with immadiate success and reasonable fee.
They can help you get temporary and permanent residency in Montenegro, help you open a company, help you with bookkeeping and ongoing administration, applying for government tax subsidies, finding real estate deals and much more.
nicely explained the topic "Company Registration " same as you mention about is quite popular these days in the united kingdom, you need to go to Company Registration Services, to provide a legal service by a legal adviser. Angel Trust Family provides the same services, in the UK and is a leading brand name in the UK. that helps to register your company without any risk.
I've just read comment on this post , thank you for all the great informations.
I'm living in Turkey and I also want to start a company in Montenegro.
Bu I need a reliable accountant or a consultant companies to start.
Could you please help me a little bit ? And please share me every details your experiences about starting a company?
My company is registered in Montenegro and I need to send an invitation and fill out the warranty form to complete the documents.
The company that did the registration work for me has announced a high amount from my point of view, so I am separately looking to use the services with a lower amount to do the residence procedure.
Can you please help me
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hi all,
- @snryksl
not only the process but also the costs of registering a company and applying for a temporary reidence was unclear topic for us when we decided to do business here in Montenegro.
I want to tell about the process we experienced roughly, and hope this will help.
We registered our company in city Bar where also we planned our hospitality business.
We directly had a contact with an accounting company and paid around 1200euros, including registration of a company, opening bank account and applying for residental permission (for 2 people) as well.
Monthly fee the accounting company asked from us is 50euros that is untill the business starts.
There are many things written on the internet so it is very confusing for all of us. In this kind of issue, none of us should expect standart process and costs, not only because of the laws are changing but also the situation can change according the person/company that you faced.
Company was registered in November 2018, and till this time we didn't have any trouble about the company and formal process, however we are open to the surprises unfortunatelly. From any point of view this is a compicated and risky way of doing business.
Also, I see many Turkish members are confused about these issues, so i give a link where Turkish Embassy declares some reports about these.
Thanks
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