Professional Company Formation Solutions in Montenegro
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The Cost of Company Formation in Montenegro is an extremely attractive option for entrepreneurs who want to start a business in Europe. Montenegro is noted for its low tax rates and low operating costs. Company setup costs may vary according to regional differences and the type of company chosen, but generally it is a very economical process compared to other European countries. World Company Setup helps you to keep costs to a minimum by professionally managing your company formation process in Montenegro. Get a quote now, take advantage of the benefits of starting a business in Montenegro and get an economical start!
Company Formation in Montenegro, There are many advantages to opening a company in Montenegro, especially with the prospect of EU accession approval in 2025. Entrepreneurs who want to trade within the EU borders and who want to have a residence permit accelerate the process of setting up a business in Montenegro.
Montenegro is an attractive country known for its friendly people and natural beauties. By starting a business here, you can gain significant advantages in terms of both commercial and quality of life. After establishing your company, you can get a residence permit in Montenegro and start living in the country temporarily or permanently.
You can benefit from expert consultancy services to start this process. By working with a professional consultant who will guide you in your process of obtaining a residence permit in Montenegro, you can complete your transactions quickly and smoothly. Obtaining a residence permit by opening a company in Montenegro is an ideal option for those who want to take advantage of the advantages offered by the country.
Establishing a company in Montenegro has significant commercial advantages for your business. In particular, with the approval of the membership of the European Union, your company has the right to free movement throughout Europe.
With the approval of EU membership, a company established in Montenegro has the right to free movement throughout Europe.
VAT Advantage: If the invoices of a company operating in Montenegro are issued in Turkey, USA and similar countries, there is no need to pay VAT.
Thanks to Montenegro's Free Trade Agreements with EU countries, EFTA countries, CEFTA countries, Turkey, Russia and Ukraine, your company can benefit from trade advantages.
There is no upper limit for the real estate that companies can purchase.
Montenegro is a safe country as a member of NATO.
Setting up a company in Montenegro now would be an important step for the growth of your business and creating an alternative living space for your family.
There are many different ways to obtain a residence permit in Montenegro. However, one of the fastest and easiest methods is to obtain a residence permit by establishing a company in Montenegro.
Company establishment in Montenegro is a very fast process. Generally, company establishment can be completed within 5 to 8 days. After establishing your company, you can apply for a residence and work permit in Montenegro.
Get an Offer for Company Formation in Montenegro and start a strong start by establishing your business in Europe's fast-growing economy! Montenegro offers attractive opportunities for foreign investors with its low tax rates, business-friendly environment and strategic location. The company formation process is generally fast and cost-effective. World Company Setup seamlessly manages company formation in Montenegro, fulfilling all legal requirements and providing customized solutions. Get an offer now and benefit from the advantages of starting a business in Montenegro.
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Montenegro has an advantageous tax system compared to other countries. Corporate tax rates range from 9% to 15% depending on the profit. Capital gains and dividend tax are also capped at 15%. Salary taxes and contributions depend on the amount of net salary, but can be as low as €117.00 for the minimum salary. Here are the basic taxes you will have to pay after opening a company in Montenegro. Taxation for companies: VAT on invoices issued – 21% (can be 7% or 0% depending on the products you sell); Salary taxes and social contribution – approximately 26% of the minimum net salary (may increase depending on the net salary amount) Corporate tax – varies from 9-15% per year depending on the amount of profit. Personal taxes: Dividend if you receive the dividend from the company (capital gains tax) – up to 15%.
Foreign investors with 100% equity can establish a company in Montenegro. First of all, a name must be determined for the company to be opened in Montenegro and the chosen name must not be used by another organization. A Montenegrin notary must notarize the company establishment agreement in Montenegro and the cost of notarization may vary depending on the number of pages and documents in the articles of association. The required company registration and announcement fee must be paid to a bank in Montenegro. The capital required to establish a company in Montenegro is “1 EURO”. It is sufficient to have any primary, high school or university diploma, a criminal record and a valid passport. There is no language requirement.
According to Montenegrin law, only one owner (including spouse and children under 18) from each company can benefit from the benefits of residence. A partner with a low share must live in Montenegro for 11 months to obtain a residence permit. A partner with a low share cannot obtain a permanent residence permit after five years.
Montenegro's official currency is the EURO. It has free trade agreements with the European Union and Turkey. It stands out with its intense summer and winter tourism, import-export and ease of doing business, and many investments centered in Türkiye, Russia and Europe.
Montenegro hosts more than 4 million tourists every year. There are investment opportunities in the tourism and service sectors. In addition to the fact that establishing a company is cheap and fast, and because tax rates are low, you can continue your economic activities in European Union countries from Montenegro.
Montenegro is a country that has completed its candidacy process for EU membership and is waiting to become an EU member in the first session. After EU membership is approved, it is possible to travel to Schengen countries without a visa.