Start Your Companyin Montenegroin 7 Days!

No! As PlanNet, we handle the entire process on your behalf with a power of attorney. If you will be the general manager, you can establish and manage your company remotely without leaving Turkey.

Your company will be completely ready within 7 business days. Application for residence permit is made on the same day.

You can establish a limited company with just €1. This is one of Europe's lowest capital requirements and provides a great advantage for investors.

Montenegro has a progressive corporate tax structure: 9% for up to €100,000, €9,000 + 12% for the excess amount between €100,001-€1,500,000, €177,000 + 15% for the excess amount above €1,500,000.

Standard VAT rate is 21%, reduced rate is 7% (basic food, medicine, accommodation), exports are 0%. Individual income tax is 9% for monthly income up to €750, 15% + 15% additional tax for the excess amount.

There are 6 different company types: Entrepreneur (sole proprietorship), General Partnership (O.D.), Limited Partnership (K.D.), Limited Liability Company (DOO - most popular), Joint Stock Company (AD/JSC), and Foreign Company Branch. Limited company can be established with €1 capital.

Limited company can be established by one person, minimum capital is only €1, can have up to 30 partners and provides limited liability. These features make it ideal for small and medium-sized enterprises.

One of Europe's lowest corporate taxes (9%), strategic Balkan location, NATO membership, EU candidacy, easy company formation process, growing tourism and technology sectors, economic citizenship program opportunities.

High potential exists in tourism (2.5M tourist capacity), real estate (6-8% return), energy (renewable projects), information technology (startup hub), logistics (EU gateway location) and healthcare (medical tourism) sectors.

By establishing a company, you can obtain residence cards for yourself and your family depending on the service. You need to renew it annually.

You need to renew your annual residence and work permit every year for 5 years. After 5 years, you have the right to apply for a 5-year residence permit. After completing this process, when you fulfill language and cultural procedures such as learning Montenegrin, you gain the right to apply for citizenship.

Thanks to Aleksandra Velimirović being a local expert, you don't experience language and communication problems. With her strong network built over years, we solve all problems that may arise during the company formation process in advance, saving you time and cost. Our knowledge of local legislation accelerates processes.

We offer monthly and annual reporting options for your company in Montenegro. Monthly reports allow you to regularly monitor your business's financial status, while annual reports meet your tax returns and legal obligations. Both options are prepared in accordance with international accounting standards.

In Montenegro, minimum wage is €600 for employees without diplomas, €800 for university graduate employees with diplomas. However, as a general manager, the company owner is completely free to set upper limits and can determine any salary level for themselves.

Company operating costs in Montenegro are quite reasonable. Your monthly insurance and other mandatory expenses total approximately €90 for Bachelor's Degree, €131 for University Degree. This amount covers social insurance, health insurance and other legal obligations.

Some regions may have bureaucratic processes and infrastructure development needs. However, these challenges can be easily overcome with proper consulting. As PlanNet, we are with you in all processes.