Types of legal entities
The following entities can be registered in Montenegro:
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The Sole Proprietorship
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The General Partnership
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The Limited Partnership
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The Limited Liability Company
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The Joint Stock Company
The main features of Limited Liability Company
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The minimum threshold of share capital – 1 EUR
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At least one shareholder needed (company or private person)
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One director required (company or private person)
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The director can be local or foreigner person or a company
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Company registration takes 7 days
We are able to provide local directors in addition to the one appointed by you. These directors will be able to conduct the functions through guidance from the beneficial owners, thus ensuring the smooth and timely operation of the company.
Basic documents required
A founder must deliver the following documents in order to register a new business:
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The notarized memorandum of association and articles of association
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A list with all the company’s members and their function
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Details regarding the executive director
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The name of the company
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Registered address and the correspondence address (if not the same)
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The name of the company’s representative
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Written consent of the members of the board for their appointment (if available)
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A proof that the registration fee was paid.