Company Formation in Montenegro
Incorporate a Montenegrin D.O.O. in about 7 business days by power of attorney — no travel required. €1 symbolic capital, 9–15% corporate tax; notary, registration, bank account and accounting handled end-to-end by our company with a registered office in Türkiye.
Why Incorporate in Montenegro?
Forming a company in Montenegro is one of the smartest options in Europe for entrepreneurs seeking low taxes, fast incorporation and light bureaucracy. The country uses the Euro de facto and is an EU accession candidate.
- 9–15% progressive corporate tax — among the lowest in Europe
- D.O.O. (LLC) formation with €1 symbolic capital
- Remote incorporation by power of attorney — no travel required
- Euro invoicing, proximity to the EU market, double-taxation treaty network
What Is a D.O.O.?
A D.O.O. is the Montenegrin equivalent of a limited liability company. It can be founded by a single shareholder, and both shareholder and director may be foreign nationals. Registration is typically completed within 5–10 business days; we manage the process with a 7-business-day target.
How the End-to-End Process Works
Our company, with a registered office in Türkiye, and our local partner network in Montenegro handle every step: name check, articles of association, notary and apostille, commercial registry filing, tax number, corporate bank account opening and monthly accounting setup. You can visit Podgorica to follow the process in person, or complete everything remotely by power of attorney.
Tax & Accounting
Corporate tax is progressive at 9%, 12% and 15%. Standard VAT is 21%, and VAT registration is optional below €30,000 annual turnover. Monthly bookkeeping, payroll and annual filings are handled by our partner certified accountants with reporting in your language.
Transparent Pricing
Our incorporation package covers notary, translation, registry fees, bank account opening assistance and first-month accounting setup. You receive an itemised written quote after the free consultation — no surprise costs.
Gain Residence by Buying Property in Montenegro
Besides company formation, you can also gain residence by owning property in Montenegro. Freehold title, strong rental yield and our end-to-end support.
Requirements & Documents
- Valid passport (copy of photo page)
- Apostilled power of attorney (we prepare the text)
- 2-3 alternative company names
- Business activity and shareholding structure details
- Registered address in Montenegro (virtual office accepted; we can provide)
Estimated Costs
| Incorporation (D.O.O.) — state & notary | ≈ €500–900 |
| Apostilled PoA & translations | ≈ €100–200 |
| Registered address / virtual office (yearly) | ≈ €300–600 |
| Bank account opening assistance | Included in package |
| Monthly accounting | ≈ €60–150/mo |
Costs are indicative and may vary with current official fees and exchange rates.
How the Process Works
- 1
Free consultation
In a 15-minute call we define the right structure and send a written quote and document checklist.
- 2
Documents & PoA
We draft the PoA; you sign and apostille it in Türkiye. We collect the rest.
- 3
Registration & tax number
Articles, commercial registry and tax registration completed by our local team (~5–10 business days).
- 4
Bank account
Corporate account opened with partner banks; e-banking and cards arranged.
- 5
Accounting handover
Monthly bookkeeping, payroll and filing calendar set up with reporting in your language.
Frequently Asked Questions
Can I incorporate without traveling to Montenegro?
Yes. With an apostilled power of attorney, incorporation, registration and tax setup are completed fully remotely. You may also visit Podgorica to follow the process in person.
How long does incorporation take?
Once documents are ready, registration typically takes 5–10 business days; we plan for a 7-business-day target.
What are the tax rates?
Corporate tax is progressive: 9% / 12% / 15%. Standard VAT is 21%; registration is optional below €30,000 annual turnover.
Is the minimum capital really €1?
Yes, the legal minimum for a D.O.O. is €1. We advise on optimal declared capital during the consultation.
Is accounting mandatory?
Yes, every Montenegrin company has monthly bookkeeping and annual filing obligations. Our partner certified accountants handle this.
Which banks do you work with?
We work with local and international partner banks and accompany you through the fastest-approving option for your profile.
Let’s plan your process together
Contact our team for a free, tailored preliminary assessment of your case.