Opening a company in Montenegro in 2 weeks

Opening a company in Montenegro is a perfect fit for the following business areas:

• Real Estate Market Montenegro offers a wide range of real estate, the cost of which increases every year. Particularly popular are the objects of the resort regions, where prices for residential apartments start from 100 000 EUR. Construction and development projects in Budva Riviera can bring the greatest profits.
• Tourism industry  The tourism industry in Montenegro is on a par with Greece, Spain and Italy. Services of local hotels and resort areas are much more accessible than in other Mediterranean countries. It is worth noting that up to 59% of Montenegro's GDP comes from tourism. Thus, an investment in Montenegrin tourism is quite fast and steadily growing profit.
• Construction market Construction in Montenegro is profitable from an investment point of view, especially if we are talking about the coastal areas of the country. The most attractive for developers are three Montenegrin Riviera - Boko-Kotor, Ulcinj and Bar. Investments can be made both in the buildings under construction, as well as in the land plots for development.
• Logistics industry Montenegro has a developed logistics infrastructure, and is one of the centers of European shipping. Ports of Bara, Budva, Kotor, and Herceg Novi have gained international importance. In addition, in recent years, there are nine marinas in the country, capable of hosting up to 900 yachts of different classes. With its seaports and marinas, as well as two international airports, Montenegro has become an important transport hub for the Mediterranean market.
• Investments and finance Montenegro's favorable tax and investment climate contributes to the fact that more and more foreign companies enter the country. Investors are attracted not only by the political and economic stability of the Balkan state, but also by the strengthening of its connection with the global market. Euro is the official currency of Montenegro, which helps speed up the integration of the country into the global economy.
• Commodity production The productive potential of Montenegro is just beginning to unfold. The mining, food and agricultural industry is well developed in the country. Production of electrical appliances, aluminum products, passenger and cargo ships, textiles, wine and tobacco is well established. Investments in this sector of Montenegrin economy are promising as the country is annually increasing the supply of its products not only to European, but also to the global market.
• Import of goods Montenegro is one of the largest importers of foreign products among the Balkan countries. Most often goods are delivered from Serbia, China, Germany, Italy, Greece, Croatia, Turkey, Spain and Switzerland. Thus, a foreign businessman, opening a company in Montenegro, will be able to conclude partnership agreements with the world's leading suppliers of goods for various purposes.
• Export of goods The potential of Montenegro as an exporter is growing every year. Among the countries that are actively buying Montenegrin products - Serbia, Switzerland, Italy, Germany, Turkey, Slovenia, Albania and Poland. Montenegro is a good starting point for those businessmen who are planning to sell their goods or services on the world market.
• Reexport  Montenegro reserves the right to re-export, that is, the customs procedure of returning the goods in the unchanged form to the foreign supplier. In this case, the Montenegrin Customs fully reimburses the importer the costs incurred in the payment of VAT and customs duty. Refunds are made immediately after the export of goods from the territory of Montenegro.
• Service business  Development of services in Montenegro contributes to a growing flow of tourists from different countries. In this niche of the Montenegrin market is fixed the largest number of vacancies. The most profitable in the service sector can be considered the hotel and restaurant business, as well as car and yacht rental services. Services of hairdressers and beauty salons are in high demand.