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There are many advantages to opening a company in Montenegro. Montenegro is an EU candidate country targeting full membership by 2028, and it is already a member of SEPA (Single Euro Payments Area). Entrepreneurs who want to trade within the EU and obtain a residence permit are accelerating the process of setting up a business 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. Key official cost items include the company registration fee (about EUR 10) and the Official Gazette announcement fee (about EUR 12), plus notary, certified translation, company seal and annual accounting/insurance costs. Total cost varies depending on the type of company and scope of service. World Company Setup manages your Montenegro company formation process professionally, keeping your costs clear, and offers you a transparent, personalized quote. As official amounts can change from time to time, get a quote now for exact figures tailored to you.
Last updated: July 2026
There are many advantages to opening a company in Montenegro. Montenegro is an EU candidate country targeting full membership by 2028, and it is already a member of SEPA (Single Euro Payments Area). Entrepreneurs who want to trade within the EU and obtain a residence permit are accelerating the process of setting up a business in Montenegro.
Montenegro is an attractive country known for its friendly people and natural beauty. By starting a business here, you can gain significant advantages in terms of both commercial activity and quality of life. After establishing your company, you can obtain 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 through obtaining a residence permit in Montenegro, you can complete your transactions quickly and smoothly. Setting up a company in Montenegro to obtain a residence permit is an ideal option for those who want to take advantage of what the country offers.
Establishing a company in Montenegro has significant commercial advantages for your business. Once EU membership is approved, your company will gain the right to free movement throughout Europe.
Setting up a company in Montenegro now is an important step for growing your business and creating an alternative living space for your family.
For up-to-date, personalized information about these regulations, contact our expert team.
There are several ways to obtain a residence permit in Montenegro. One of the fastest and easiest is to obtain a residence permit by establishing a company in Montenegro.
Company formation in Montenegro is a fast process, usually completed within 5 to 8 days. After establishing your company, you can apply for a residence and work permit. As of 2026, it is important to keep in mind the minimum tax and social security requirement mentioned above when renewing the permit.
The documents and procedures required to set up a company in Montenegro are generally simple and fast.
Required documents also include the incorporation certificate, trade registry record, capital declaration, tax identification number and bank account opening documents.
The main official and operational cost items you may encounter when setting up a company in Montenegro are listed below. Amounts may vary depending on the type of company, capital structure and scope of service.
| Cost Item | Approximate Amount |
|---|---|
| Company registration fee | ~EUR 10 |
| Official Gazette announcement fee | ~EUR 12 |
| Notary certification (articles of association) | Varies by number of pages/documents |
| Certified translation | Varies by number of documents |
| Company seal | Variable |
| Minimum share capital (DOO) | EUR 1 |
| Annual accounting service | Depends on scope |
| Mandatory insurance contribution | Depends on salary |
For your personalized total cost and package details, get a quote now.
Montenegro's standard VAT rate is 21 percent, with reduced rates of 7 percent and 0 percent depending on the sector. Corporate income tax is applied progressively at 9 percent, 12 percent and 15 percent depending on profit. Dividend (capital gains) tax can be up to 15 percent. Montenegro also has double taxation treaties with several countries.
Important note: The tax rates, fees and cost figures on this page were compiled as of July 2026 and may change over time. For current and exact amounts, please check the websites of the relevant official authorities or contact our team for up-to-date information.
After registering your company, you can open a corporate or personal bank account in Montenegro. We also provide residence permit support, registered company address and virtual office services for your Montenegro setup. By granting power of attorney, we can complete all your procedures on your behalf without you having to travel to Montenegro. Our team follows up your accounting and insurance processes. With World Company Setup, establish your company, obtain your residence permit and manage all your processes without unexpected extra costs.
If you are also considering other Balkan countries, you can explore company formation in Albania or company formation in North Macedonia, and our team can help you choose the best fit for your needs.
Get an Offer for Company Formation in Montenegro and start a strong beginning 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. In line with the 2026 updated regulations, the company formation process is generally fast and cost-effective. World Company Setup seamlessly manages your Montenegro company formation, fulfilling all legal requirements and offering you tailored solutions. Get a quote now or contact us with your questions.
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.
Yes. Under the regulation that took effect on 17 January 2026, renewal of the integrated work-and-residence permit obtained through a company requires that the company has paid at least EUR 5,000 in taxes and social security contributions in the previous year. Investors who want to keep their residence permit long-term should therefore keep their company active and revenue-generating. As requirements can change over time, we recommend contacting our team for up-to-date, personalized information.
+90 542 381 3868
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