Setting up a consulting company in Montenegro
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There are many sectors that do not require obtaining specific approvals or licenses, and among them are consulting companies. However, to open a consulting company in Montenegro, you should consider having qualifications in the field you plan to work in.
Considering that the consulting sector is very developed in this country, we invite you to read the articles prepared by our Montenegro company formation specialists on how to set up a consulting firm.
As we mentioned earlier, it is very important to decide on the form your consulting firm will take. As a foreign entrepreneur, you can choose any of the company types covered by the national legislation, but companies here can be defined as small, medium, and large-scale enterprises.
Consulting companies in Montenegro are most often established as small and medium-sized enterprises, so the sole proprietorship, partnership, and limited liability company are the most suitable.
Opening a sole proprietorship in Montenegro is a good option for a single business person interested in offering specific services, while a partnership allows you to have a local partner in your business.
The Montenegro limited liability company, on the other hand, allows for larger operations and is often preferred by foreigners as it also provides protection for the business owner's personal assets.
If you want to set up a consulting company in Montenegro and need advice on the most suitable business form for your activities, our local representatives can assist you.
The main law to comply with when starting any type of business in Montenegro is the Commercial Code, which provides the conditions for the registration of a company in this country, including a consulting company. As a foreign investor, you need to:
– Prepare the documents to be submitted to the Trade Register in accordance with the chosen business form;
– Find a suitable legal address for the company, open the company's bank account, and deposit the capital;
– Register the company with the tax authorities in Montenegro for taxation and VAT purposes;
– Register with specific associations or professional bodies depending on the activities to be completed.
You can rely on our company registration consultants in Montenegro for the preparation of the necessary documents when setting up a consulting company in Montenegro.
If you want to open a consulting company in Montenegro, there are various sectors you can operate in. Among these, we will mention:
Since Montenegro is one of the most open countries for offering consulting services, especially in emerging sectors like financial technology and IT, you can also choose to operate in other areas.
When opening a consulting company, it is important to consider registering with professional associations and organizations in Montenegro. It is also possible for you to complete specialization courses in the field you wish to operate in. Another aspect to consider is promoting the consulting company in Montenegro.
Montenegro is currently preparing to enter the European Union, which is expected to attract a larger number of foreign investors. Establishing a consulting company that offers services to investors interested in coming to Montenegro can be a good business opportunity for those with specific skills.
Setting up a consulting company in Montenegro is also simple and easy, and foreign entrepreneurs benefit from many tax advantages if they decide to operate here.
Opening a company in Montenegro,
Opening a consulting company in Montenegro,
Establishing a consulting company in Montenegro,
Even if you are a foreign entrepreneur, starting a company in Montenegro is not complicated. The first step you need to take is to choose the type of business and then register it with the Companies Registration Office in this country. An important point to consider is the licences you need to obtain for your company after it has been established.