Residency / Bank accounts / Companies in Montenegro
Ready to take the plunge?
Our company formation & residency packages provide everything you need to get a Montenegro company up and running, from obtaining a registered business address to the filling of your articles of formation with the State, obtaining your Tax ID, getting you setup with a Montenegro business and individual bank account and obtaining your residency.
Our Guarantee
- Our office stand behind every Formation, Residency, Accounting & Payroll Service 100%. If you are not satisfied for any reason, Let us know within 30 days of starting service with us and we will refund your monthly charges.
Note: As a director of a Montenegrin company, you need to hold a residence permit.
Essential
Digital Documents Only
€ 799.00
Includes:
- 10 days processing time for company formation
- Registered Business Address
- State Filing of Company Documents
- Tax Identification Number
- Preparation of Residency Application
- State, Notary and Translator Fees for Residency
- Insurance Policy Medical Test fee for Residency
Starter
Our Recommened Package
€ 1199.00
Everything in Essential, plus:
- 7 days processing time for company formation
- Business Bank Account
- Individual Bank Account
- Proof of Accomodation
- Drafting of work contracts
Complete
Expedited Processing
€ 1899.00
Everything in Starter, plus:
- 5 days processing time for company formation
- Registration with Social Security
- Obtaining of Montenegrin Health ID
- includes one full year of bookkeeping services*
- includes one full year of payroll services*
- incudes one full year of tax filing services*
*Base Tariff that is suitable for entrepreneurs and micro enterprises that have a payroll of max. 3 employees and annual revenues no higher than 100,000 €
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Frequently asked questions
about our Pricing, Payment and Services
We accept credit cards (Visa and MasterCard), wire transfer and offline payment. Please contact our support in that case via [email protected].
Our prices are transparent and include all fees except the school diploma validation fees. These depend on the type of diploma and range in between 150,00 – 300,00 Euros and will be invoiced separately.
There is no contract – just pay as you go, month-to-month. You can cancel at any time without penalty.
The only exception is if you have bought the discounted yearly accounting package which is basically a yearly contract that voids once the year is over.
Yes. If you pay quarterly in advance, you will receive a 5% discount.
The whole process consists of 3 steps: company formation, applying for your residency and bank account opening. You can establish your company from abroad via power of attorney, but need to be in Montenegro to apply for your residence permit and open your bank account. Your residency application on average takes two weeks to be processed. You do not need to be there during this time period. Once your residence permit is ready, you should be in Montenegro to pick it up and subsequently open your bank accounts.
If you have purchased our Starter or Complete package, you do not need to. The proof of accomodation is already included in the offer.
You need to have a valid residence permit in order to open a bank account in Montenegro. You can sign a lease without having residency in Montenegro.
As a company director there is currently no minimum stay requirement. Officially it is only 30 days for everyone that holds a temporary residence card, but the immigration police has clearly stated that this is not applicable for company directors and their family, only for regular employees.
Save up to 15% with our Yearly Accounting Packages
Startup Offer for Limited Companies
Accountancy services for new Limited Companies & Startups in Montenegro for €73.50+VAT/month.
FIXED
€ 73.50
/MONTH*
*save 10% when billed annually
- Monthly Bookkeeping
- Dedicated Bookkeeper
- Payroll Accounting for one employee
- Year-end tax ready financial statements
- Annual income tax filing for businesses
Growing Business Package
Accountancy services for growing Companies & Startups in Montenegro for €113.75+VAT/month.
FIXED
€ 113.75
/MONTH*
*save 10% when billed annually
- Everything in Startup Plan
- Weekly Bookkeeping
- Dedicated Team
- Payroll Accounting for three employees
- Annual income tax filing for businesses
- Annual income tax filing for individuals
Sole Trader Accounting
All inclusive Sole Trader Accounting Package. We’ll take care of registration and tax returns for €61.50+VAT/month.
FIXED
€ 61.50
/MONTH*
*save 10% when billed annually
- Monthly Bookkeeping
- Dedicated Bookkeeper
- Annual income tax filing for Business
- Annual income tax filing for individuals
Additional Solutions
Payroll Accounting
Per Person
€ 7.50
/MONTH*
*billed annually
For businesses with more than 1 employee.
Cloud Accounting Setup
Per License
€ 122.50
/ONE-OFF
This is a one-off fee and includes software advice, setup and training.
Fully Managed Backoffice
Starts from
€ 23.75
/MONTH*
*billed annually
For businesses that want to outsource their invoicing and banking to us.