Company Foundation in Montenegro
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Your first step starts here!
To start a business in Montenegro, filling out the form below is an important first step. This form collects essential information required for your business registration. Providing accurate and complete data ensures a smooth registration process and helps you comply with local regulations and streamline the process of setting up your business. By completing this form, you are one step closer to establishing your business in Montenegro’s growing business world.
How it works with Ekosphere
Trust EKOSPHERE for your company formation in Montenegro. We are your partner for all formalities related to your company formation, from choosing the type of company to obtaining all permits for your company formation.
Our services:
+ Advice on the optimal company form: We explain the various legal forms in Montenegro and help you choose the most suitable one for your business.
+ Preparation of all founding documents: We prepare the necessary documents, including the articles of association and statutes, as well as the power of attorney for the managing director.
+ Company registration in the commercial register: We submit your incorporation documents to the commercial register in Montenegro and ensure the registration of your company.
+ Assistance with opening a bank account: We support you in opening a business account with a Montenegrin bank.
+ Application for necessary permits: We take care of the applications for all necessary permits with the authorities.
The establishment of a DOO
Starting a business in Montenegro is a crucial step that involves registering the company and complying with local laws. It is important to choose a company name that reflects the identity of the business and to determine the business structure, choosing between different types of companies such as sole proprietorships or limited liability companies (DOO).
Each structure has specific legal and tax implications. It is also important to comply with all relevant legal and regulatory requirements, including licenses and permits, in order to establish the company on a solid foundation.
Our approach is based on comprehensive support tailored to the individual needs of each entrepreneur. We combine in-depth industry knowledge with personalized advice to guide you through every step of the business start-up process. From the initial idea to the successful establishment of your company, we are at your side.
Our vision at Ekosphere is to support entrepreneurs by providing exceptional services and resources to promote innovation and growth. We strive to be the leading platform for business start-ups in Montenegro, creating trust and success for all our customers.
Our mission at Ekosphere is to support entrepreneurs with first-class services and resources and to promote innovation and growth. Our goal is to be the first choice for start-ups and company formations, to build trust, ensure success, and promote sustainability for every customer.
Services
Our firm offers comprehensive services for company formation and supports you at every stage of the process, from initial consultation to choosing the right legal form. We guide you through complex administrative procedures, obtaining important permits, and completing all necessary registrations. Our services include strategic tax planning, financial advice, and support in setting up business accounts to ensure a smooth and efficient start for your business. We also provide you with a transparent overview of the costs you can expect. Our packages are flexibly tailored to different needs – whether basic services for a quick start or comprehensive support for a structured company formation. With clear prices and transparent services, you always know what you are paying for and benefit from our expertise, allowing you to focus fully on your vision.
Initial consultation online
Consulting for individuals interested in starting their own business. During this initial meeting, which will be conducted online, you will receive personalized advice on all the important steps involved in starting your business, including legal requirements, tax considerations, and customized strategies for achieving your business goals. Get expert advice from the comfort of your own home and start your journey with clarity and confidence.
Personal consultation
We offer tailored advice throughout the entire process of setting up a company. From initial questions to strategic decisions, our experienced consultants are on hand to help you navigate the legal, financial, and structural requirements. In personal consultations, we ensure that every step is in line with your business goals and complies with legal requirements. With our expertise, starting a business becomes a streamlined and secure journey to success.
Starting a business
We offer you a seamless and straightforward way to start your business in Montenegro. From choosing the right legal form to handling all necessary registrations and providing expert advice on tax and financial structuring, we cover every step of the business start-up process. Whether you are a start-up or an established entrepreneur, our team provides comprehensive support, ensures compliance with legal requirements, and helps you make informed decisions for a successful start. With us, you can focus on developing your vision from day one and leave the rest to us.
Pre-registered company
Wir bieten Unternehmern eine schnelle und problemlose Lösung für die Gründung eines Unternehmens, indem wir vorregistrierte Unternehmen anbieten, die vollständig konform sind und sofort starten können. Mit dieser Option entfallen die langen Wartezeiten, die mit herkömmlichen Unternehmensregistrierungen verbunden sind, und sie ist ideal für diejenigen, die ihr Unternehmen schnell zum Laufen bringen wollen. Jedes vorregistrierte Unternehmen wird professionell und in Übereinstimmung mit allen rechtlichen Anforderungen gegründet und verfügt über die erforderlichen Unterlagen, um einen reibungslosen Übertragungsprozess zu gewährleisten.
Requirements for establishing a DOO
The establishment of a limited liability company (DOO) in Montenegro is an attractive option for entrepreneurs, both locally and internationally. Due to its flexibility and practical requirements for share capital, the DOO is the preferred form of company in Montenegro. It can be established by any natural or legal person, regardless of nationality, with a minimum capital of just EUR 1.00, making it an accessible option for many business models.
Important requirements for establishing a DOO in Montenegro:
At least one shareholder: A DOO must have at least one shareholder. This can be a natural or legal person, which increases flexibility in company structuring.
At least one managing director: At least one managing director is required to manage the business. Interestingly, the managing director can also be a non-resident, but must have a residence in Montenegro, which appeals to international entrepreneurs.
Share capital: The minimum share capital required for a DOO is symbolic and amounts to only EUR 1. It can be paid in cash or as a contribution in kind, which makes the formation financially straightforward.
Registered office in Montenegro: Every DOO must have an official registered office in Montenegro. This must be a physical address to prevent the formation of shell companies and to strengthen the credibility of the company.
Establishing a DOO in Montenegro offers numerous advantages, such as low start-up costs, simple administrative processes, and access to a growing market. In addition, companies benefit from Montenegro’s stable economy and its strategic location, which provides access to European and regional markets. With these advantageous conditions, Montenegro is an attractive location for entrepreneurs looking for efficient and cost-effective ways to start a business.
Our services:
Advice on the optimal company form: We explain the various legal forms in Montenegro and help you choose the most suitable one for your business.
Preparation of all incorporation documents: We prepare the necessary documents, including the articles of association and statutes, as well as the power of attorney for the managing director.
Company registration in the commercial register: We submit your incorporation documents to the commercial register in Montenegro and ensure the registration of your company.
Assistance with opening a bank account: We support you in opening a business account with a Montenegrin bank.
Application for necessary permits: We take care of the applications for all necessary permits with the authorities.
Our strengths:
Experienced team of incorporation experts: We have extensive experience in incorporating fully operational companies in Montenegro and are familiar with all the legal and administrative requirements involved.
Fast and efficient incorporation: We take care of all the formalities and ensure that your company is incorporated quickly.
Start your company incorporation in Montenegro now: Contact us for a consultation!
Examples of the use of a DOO in Montenegro
In Montenegro, the limited liability company (DOO) is the preferred legal form for a wide range of business activities. Its flexibility and legal structure make it ideal for various business purposes, including:
Trade: A DOO is ideal for importing and exporting goods and services. It enables companies to benefit from Montenegro’s strategic location and its free trade agreements to operate efficiently in international markets.
Service sector: DOOs are ideal for providing services in various industries, such as IT, consulting, financial services, or tourism. They offer a solid legal basis for providing services both locally and internationally.
Production: For the manufacture of goods, the DOO offers a structured and efficient form of business. It can be used to operate production facilities, benefiting from low production costs and a favorable business environment.
Investment: A DOO is also an excellent choice for investment projects. It can be used as a vehicle for investment in various sectors in Montenegro or internationally, benefiting from a stable legal framework.
Technology and innovation: For companies in the field of technology and innovation, the DOO offers a flexible platform for developing innovative projects and marketing new technologies.
Real estate development: In the real estate sector, a DOO can be used for the development, management, and sale of real estate projects, benefiting from the growing real estate industry in Montenegro.
International expansion: For companies seeking international expansion, the DOO provides a solid basis for entering new markets, supported by Montenegro’s trade agreements and favorable economic policies.
Establishing a DOO in Montenegro is particularly attractive for companies that want to take advantage of Montenegro’s free trade agreements to minimize trade costs and realize tax benefits. The company formation offers a flexible and efficient corporate structure that can be adapted to the specific needs and goals of a company.
Business address for your DOO in Montenegro
In Montenegro, it is essential for every company formation that takes place as a limited liability company (DOO) to have an official registered office. EKOSPHERE offers an optimal solution for company formation with the option of a virtual business address that fully complies with Montenegrin legal requirements. This virtual address for company formation not only provides legal compliance but also a cost-effective and flexible solution for companies looking to minimize physical office space.
Key aspects of a virtual business address with EKOSPHERE
Legal compliance: EKOSPHERE DOO’s virtual address meets all legal requirements in Montenegro. It is recorded in the company’s articles of association and registered with the commercial register, which is crucial for the formal recognition of the company.
Easy administration: Changes to the business address, which may occasionally be necessary, are efficiently reported to the commercial register by EKOSPHERE DOO, reducing the administrative burden on the company.
Flexibility and cost efficiency: The virtual address allows companies to operate without the costs and obligations of a physical office. This is particularly advantageous for start-ups, small businesses, or international companies seeking a presence in Montenegro without high overhead costs.
Professional image: A virtual business address in a prestigious area of Montenegro can strengthen the company’s professional image and increase trust among customers and business partners.
Additional services: EKOSPHERE DOO can offer additional services such as mail forwarding, telephone answering, and other office services that further simplify business operations.
Choosing a virtual business address through EKOSPHERE DOO in Montenegro thus offers a flexible, cost-effective, and legally compliant solution for companies wishing to establish a presence in this emerging market. It is an ideal solution for modern companies that prioritize flexibility and efficiency in their business operations.
Legal requirements for the business address of a DOO in Montenegro
In accordance with Montenegrin law, every limited liability company (DOO) is required to have a registered office in Montenegro, which must also be “physically accessible and recognizable as business premises.” EKOSPHERE can provide such a virtual business address. This address must be noted in the company’s articles of association and registered with the commercial register. Changes to the business address must also be declared to the commercial register.
Advantages of a virtual business address for a DOO in Montenegro
A virtual business address offers a number of advantages for DOO founders, including:
Cost savings: Virtual office services are generally more cost-effective than renting a physical office.
Flexibility: You can change the business address as needed.
Professional image: A virtual business address gives your company a professional image.
EKOSPHERE offers you customized virtual office services for your DOO in Ulcinj, Montenegro. We take care of everything so that you can focus fully on your business.
Our services include:
Provision of a virtual business address in Ulcinj/Montenegro
Receipt and forwarding of mail and parcels
Use of conference rooms and other office facilities
Assistance with applying for permits and licenses
Company account for your DOO in Montenegro
Are you setting up a DOO in Montenegro and need a corporate account? EKOSPHERE can help you open a corporate account with a local bank and take care of all the other steps involved in setting up a company.
Opening a corporate account for a DOO in Montenegro
Opening a corporate account is an important prerequisite for setting up a DOO in Montenegro. The DOO’s share capital must be paid in before registration with the commercial register, for which a bank statement confirming the payment of the capital is required. To open a corporate account for a DOO in Montenegro, you must complete the following steps: Choose a bank in Montenegro.
Create a company register extract confirming the registration of the DOO with the commercial register.
Create a power of attorney for a representative who will open the account.
Submit the required documents to the bank.
Required documents
The documents required to open a corporate account for a DOO in Montenegro are:
Company register extract
Power of attorney
Articles of association
Statutes
List of shareholders
Proof of payment of the registration fee
Note: Opening a corporate account for a DOO in Montenegro usually takes about 1-2 weeks.
Services provided by EKOSPHERE
EKOSPHERE makes it easy for you to open an account for your DOO in Montenegro. We take care of all the necessary steps and ensure that your corporate account is opened quickly and smoothly. Our services include:
Advice on choosing the right bank
Preparation of all necessary documents
Representation of your company at the bank
Taxation and accounting of DOOs in Montenegro
Are you planning to set up a company in Montenegro? This article provides comprehensive information on the taxation and accounting of a DOO, the preferred form of company in Montenegro. EKOSPHERE DOO is at your side every step of the way and provides professional support throughout the entire process of setting up a company. If you have any questions about setting up a company, please do not hesitate to contact us.
Taxation of a DOO in Montenegro
The taxation of a DOO in Montenegro is straightforward and transparent. With a corporate tax rate of only 9% to 15%, Montenegro enjoys one of the lowest tax rates in Europe. In addition, the country benefits from free trade agreements with regional partners, which simplifies trade with these countries.
Accounting requirements for a DOO in Montenegro
A DOO in Montenegro must comply with the accounting regulations specified by the Montenegrin tax authorities. This includes the obligation to undergo annual audits and file tax returns. Although the submission of annual financial statements is not required, the accounting of a DOO can be carried out in accordance with either national or international accounting standards.
Why establish a DOO in Montenegro?
Establishing a DOO in Montenegro is an attractive option due to several advantages:
Attractive low corporate tax rate
Benefits of free trade agreements with various countries (Turkey, Russia, Ukraine, EU)
Simple and flexible accounting regulations
High adaptability to different business models
Services provided by EKOSPHERE
EKOSPHERE offers comprehensive support in establishing your DOO in Montenegro, including:
Comprehensive advice on choosing the appropriate legal form
Preparation of all necessary founding documents
Efficient company registration in the commercial register
Detailed advice on taxation and accounting
Frequently asked questions
Various types of companies can be established in Montenegro, including limited liability companies (LLCs), sole proprietorships, joint stock companies, partnerships, and company formations.
The process of establishing a limited liability company (GmbH) usually takes 5 to 10 business days, provided that all necessary documents are correctly prepared. When establishing a company, it is important to submit all necessary documents in full.
The required documents include the founder’s identity card or passport, a company name, the articles of association, registration in the commercial register, and the company formation documents.
The legal minimum capital for a limited liability company in Montenegro is only EUR 1, which significantly reduces the costs of setting up a company.
Yes, foreigners can easily set up a company in Montenegro, and there are no restrictions regarding the nationality of the owners when setting up a company.
Montenegro offers attractive tax regulations for company formation, including a corporate tax rate of 9%, one of the lowest in Europe. When forming a company, entrepreneurs also benefit from a value added tax (VAT) rate of 21%.
No, with the support of Ekosphere, you can set up a company in Montenegro even without a physical presence.
Yes, every company established in Montenegro must have an official business address. Ekosphere can assist you with company formation and the provision of such an address.
When establishing a company, businesses must submit regular tax returns, maintain accounting records, and file annual financial statements with the commercial register.
Yes, Ekosphere supports you in opening a business account in Montenegro, which is an important step in setting up a company.
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