Starting a business in Montenegro page 2 - Montenegro forum

Starting a business in Montenegro

1POSTS

6 years ago

Hi everyone,

Thank you all for sharing wealth of information on moving to Montenegro and company registration. I am a B2B marketing consultant and looking to move to Montenegro in October. I will appreciate contacts of good and cost efficient accountants who could help me in registering company and processing of work/resident permit. Any tips/guidance will be welcome

Thanks
Raghu

Tafa1234 Member

1POSTS

6 years ago

#42

hi im tafil shala from kosovo prishtina i work as a woodworker and how can i bring to montenegro furniture i would like to know

Felix_byz Member

1POSTS

6 years ago

#43

Hi, just ask. have you moved in Montenegro already? have you set up the business? i think i will go through the same process as yours in few months.

ersyncar Member

1POSTS

6 years ago

#44

Hi everyone, thanks for interesting informations.

I am living in Turkey , working in a Turkish and also i have a self-employe company (sole proprietorship)聽 here which design boats and yachts, I have some plans to close my company here and set up in Montenegro by renting a virtual office because of lower income-taxes. In turkey i pay between %25-35 income taxes every year.
I will keep to stay in Turkey , so i quess just a virtual office and self-employee company is enough for me.聽 Do you think this is logical?

opjm123 Member

13POSTS

6 years ago

#45

I can only confirm that if you request a residency permit based on having opened a business and being the "director" you must live in Montenegro.聽 I am not sure if you can run the business remotely, but I know my immigration consultant said you can not be out of side of Montenegro more than 1 month if you want to keep the "residency permit".聽聽It is best to speak to an immigration consultant. Anyone who needs a recommendation can PM me. I know a good one.

olan New member

5POSTS

6 years ago

#46

Hi,

In our consulting agency we work with some client from Turkey聽 regarding to visa藳藳&work permits as well . For starting the business here in MNG should be open one company with one person as director and should have permits and than you can work from Turkey and lead your business normally. Here will be tax residence as well to pay tax and contribution on the salary and on income....If you want more detail info please contact us...

Best regards

Mchua Member

1POSTS

6 years ago

#47

Hi, can u recommend a company to help to start a business?

Juca_Juca New member

6POSTS

6 years ago

#48

OPJM123, Your immigration consultant is wrong. The Immigration law of 2018 (updated in 2019) says that the executive director of the company can be absent from MNE without limitations while having one-year temporary permit.

1 member reacted to this post

Juca_Juca New member

6POSTS

6 years ago

#49

Mchua wrote:
Hi, can u recommend a company to help to start a business?

Feel free to send me PM, my agency provides these services

1 member reacted to this post

Alexander250519952 Member

1POSTS

6 years ago

#50

I would totally recommend you XXXX聽 They helped me of registering a company and applying for a temporary residence with immadiate success and reasonable fee.

They can help you get temporary and permanent residency in Montenegro, help you open a company, help you with bookkeeping and ongoing administration, applying for government tax subsidies, finding real estate deals and much more.

sexavo2543 Member

2POSTS

5 years ago

#51

nicely explained the topic "Company Registration " same as you mention about is quite popular these days in the united kingdom, you need to go to Company Registration Services, to provide a legal service by a legal adviser. Angel Trust Family provides the same services, in the UK and is a leading brand name in the UK. that helps to register your company without any risk.

ulgenecem Member

1POSTS

4 years ago

#52

I've just read comment on this post , thank you for all the great informations.
I'm living in Turkey and I also want to start a company in Montenegro.
Bu I need a reliable accountant or a consultant companies to start.
Could you please help me a little bit

? And please share me every details your experiences about starting a company?

Milad Habibollahi Member

1POSTS

4 years ago

#53

聽Hi @snryksl and all聽

I am looking for a personal or company to help me send invitations and warranties

My company is registered in Montenegro and I need to send an invitation and fill out the warranty form to complete the documents.

The company that did the registration work for me has announced a high amount from my point of view, so I am separately looking to use the services with a lower amount to do the residence procedure.

Can you please help me

backpacker838 New member

8POSTS

4 years ago

#54

Hi,

You can contact me on Whatsapp number +34 6****

Moderated by Vero 3 years ago
Reason : Contact details should not be posted on the forum but rather exchanged through the private messaging system. Thank you
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ertebatat2017 Member

2POSTS

4 years ago

#55

hi all,

not only the process but also the costs of registering a company and applying for a temporary reidence was unclear topic for us when we decided to do business here in Montenegro.

I want to tell about the process we experienced roughly, and hope this will help.

We registered our company in city Bar where also we planned our hospitality business.

We directly had a contact with an accounting company and paid around 1200euros, including registration of a company, opening bank account and applying for residental permission (for 2 people) as well.

Monthly fee the accounting company asked from us is 50euros that is untill the business starts.

There are many things written on the internet so it is very confusing for all of us. In this kind of issue, none of us should expect standart process and costs, not only because of the laws are changing but also the situation can change聽 according the person/company that you faced.

Company was registered in November 2018, and till this time we didn't have any trouble about the company and formal process, however we are open to the surprises unfortunatelly. From any point of view this is a compicated and risky way of doing business.

Also, I see many Turkish members are confused about these issues, so i give a link where Turkish Embassy declares some reports about these.

Thanks
- @snryksl

I am from Iran and I want to go to montenegro with my husband , my sister and my 3 years old son. Can I have your email address or phone number to ask you some question? I really need help as there are a lot of different information in the internet.

ertebatat2017 Member

2POSTS

4 years ago

#56

@snryksl

I want to go to montenegro with my husband, my sister and my 3 years old son. We don't know register a company or buy a house.

Can I have your email address or phone number to ask you some questions?

Best regards

Roya

1 member reacted to this post

Vero Team

9026POSTS

3 years ago

#57

Hi Roya,

Welcome to expat.com !

The member you are answering to (snryksl) has not been posting for a while. If you want to discuss a specific topic or ask a specific question, please do not hesitate to create a new discussion on the Montenegro forum.

Best of luck,

Vero

大咖福利影院 team

coolnarens New member

7POSTS

3 years ago

#58

@Maverick2u

Hi, please share the details of your business and how much you are quoting.

amikocomboa4 Active member

28POSTS

3 years ago

#59

蔼械褉褌械斜邪褌邪褌2017

N.rishi New member

5POSTS

3 years ago

#60

@gautamdhawan

Hi Gautam, were you able to open the company in Montenegro? If yes can you share the costs involved and which lawyer, accountant did you go through as I'm looking to do the same.

Thanks

Rishi

fred_montenegro_property Member

14POSTS

3 years ago

#61

@ersyncar聽 nobody is opening a company here when not living here, it is not an聽 offshore jurisdiction, banking friendly, just making an international transfer at the bank you will understand your mistake