Doing business in Montenegro
According to Trading Economics global macro models and analysts’ predictions, the Ease of Doing Business in Montenegro will reach 52.00 by the end of 2020. In the long run, Montenegro’s Ease of Doing Business is expected to average 53.00 in 2021 and 58.00 in 2022.
We provide business support and business setup services. Our team and other specialists working in this industry are cross-functional and are capable of providing you with satisfactory services, based on your needs.
Starting a business in Montenegro is a fantastic way to get to know the beautiful Montenegrin nature and environment, and the Citizenship by Investment Program will provide you with a once-in-a-lifetime opportunity to obtain lifelong citizenship and a powerful European passport, allowing you to travel across Europe.
Company creation and registration, taxation, accounting & bookkeeping, audit and assurance, legal (including intellectual property law), and branding consultancy are all part of our business setup services.
Our goal is to deliver affordable, high-quality, individualized client service.
Form a business
The Company Act is the main statute that governs company registration in Montenegro, which states that any local or if all of the conditions are met, a foreign businessperson can establish a corporation in Montenegro.
Our well-trained teams guide you throughout the formation process.
Business overview in Montenegro
Montenegro’s economy is primarily service-based, and the country is currently undergoing economic reform. The Montenegrin economy is currently recovering from the Yugoslav conflicts and their consequences across the Balkan area.
Between the years 2006 and 2007 Montenegrin economy was at its peak as the country has been experiencing rapid real estate market growth. Many wealthy foreigners and investors have started purchasing real estate properties along the coastline. Back in the year 2008, the amount of foreign capital investment per capita was bigger than in any other European country, providing a great boost to the economy overall. However, lately, the economic recession has gradually slowed down the industry and production, which has to lead the government to the idea of starting another Citizenship for Investment Program.