Resident status in Europe for the whole family without large investments or mandatory hiring of employees
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Company registration in Montenegro allows a foreign entrepreneur to obtain a temporary residence permit for 1 year with the right of annual renewal. Residency can also be granted to the applicant’s spouse and children under 18. Entrepreneurs choose Montenegro due to its low corporate tax rate, visa-free access to EU borders, the right to purchase real estate, and access to quality education and healthcare.
Business residency in Montenegro allows including a spouse and children under 18 in the application. This ensures access for the entire family to European education, healthcare, and additional travel opportunities.
The minimum share capital required for company registration in Montenegro is only EUR 1, making the process affordable for everyone. Simple procedures and equal rights for foreign founders allow for a quick start without unnecessary bureaucracy, along with obtaining residency.
Montenegro is located in the center of the Balkan Peninsula with access to the Adriatic Sea. This provides convenient access to European markets and opportunities for international business development.
As an EU candidate country, Montenegro offers the possibility of obtaining full European citizenship in the future. Residency status is the first step in this direction.
Montenegro is distinguished by a high level of safety, mild climate, and developed tourism infrastructure, making it an attractive destination for permanent residence.
Corporate tax in Montenegro is only 15%, one of the lowest rates in Europe. Residents are exempt from inheritance tax and are not subject to personal income tax on income earned outside the country.
Residents have the right to open personal and corporate accounts in local banks, simplifying business operations and asset management in a European jurisdiction.
Residents gain access to free education in public institutions and healthcare services. Diplomas from Montenegrin universities are recognized internationally.
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Montenegro is located at the crossroads between Europe and Asia, with access to the Adriatic Sea and a developed transport infrastructure, providing convenient entry to European and Balkan markets.
Montenegro is an official candidate for EU membership, offering tax residents the prospect of access to the single European market and all its advantages.
The procedure for opening a company in Montenegro is highly streamlined — registration takes 5–10 business days, with the option of remote submission through authorized representatives.
Montenegro offers one of the lowest corporate tax rates in Europe at 9 % (for annual income up to EUR 100,000), along with preferential regimes available for small businesses and startups.
To register an LLC, only EUR 1 in share capital is required, making business formation accessible to entrepreneurs with any budget.
Company registration and employment as its director entitles you to a temporary residence permit in Montenegro, with the possibility of later obtaining permanent residency.
Montenegro ensures free currency conversion, with no restrictions on capital movement or international settlements, facilitating cross-border business operations.
Montenegro has a stable banking sector with the presence of international financial institutions, providing reliable banking services and access to modern asset management tools.
Suitable for small and medium-sized businesses, offering limited liability for members and flexible management.
An ideal solution for individual entrepreneurs due to minimal business costs and simplified reporting.
Suitable for attracting investments or entering the stock market, offering maximum flexibility in capital structure.
An ideal solution for international companies seeking presence in the Montenegrin market without establishing a separate legal entity.
A leading specialist from iWorld will conduct a detailed analysis of your case and select the best option for obtaining residency. Based on your goals and capabilities, a suitable legal form for the company will be selected and a business immigration strategy will be determined.
iWorld's lawyers will begin registering your company in the Central Register of Economic Entities of Montenegro. All necessary corporate documents will be prepared, a unique company name will be reserved, and a legal address will be registered.
After receiving the registration certificate, a corporate bank account is opened at one of Montenegro's leading banks. If necessary, the authorized capital is deposited and a certificate of financial solvency is issued.
iWorld specialists accompany you when submitting documents to the Ministry of Internal Affairs of Montenegro. They will arrange for you to undergo a medical examination, submit biometric data, and pay all government fees.
After your application has been reviewed, you will receive a plastic temporary resident card — boravak. iWorld specialists will assist you in preparing additional documents for doing business.
iWorld provides a full range of business management services: accounting services, tax planning, annual residence permit renewal, legal support for transactions, real estate selection, and assistance with adaptation.
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Learn moreMontenegro offers several main business structures: Limited Liability Company (DOO), Joint Stock Company (AD), Sole Proprietorship, and a Branch of a Foreign Company. The most popular choice is the DOO, due to its minimal share capital requirement (EUR 1) and straightforward management process.
Company registration can be completed remotely through a notarized power of attorney. However, for obtaining residency, personal presence in Montenegro is mandatory for a medical examination and biometric data submission.
For company registration: the founder’s passport, a police clearance certificate with apostille, and educational certificates (for certain regulated activities). For residency: a medical certificate, proof of financial means (EUR 3,650 on a bank account), and confirmation of a registered address in Montenegro.
Yes, temporary residence permits can be issued to the applicant’s spouse and children under 18. A joint application must be submitted along with documents confirming family ties.
The corporate income tax rate is 15 %. VAT applies at 21 % for annual turnover above EUR 30,000. Employers are also required to pay social security contributions for employees, as well as mandatory municipal fees.
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