Company Formation in Montenegro
Complete guide to establishing an LLC (limited liability company) in Montenegro. Registration electronically via the IRMS portal (since 2026, previously CRPS/eFirma), costs €80-210, timeline 4-7 days.
Procedure
On the CRPS website (Central Register of Business Entities) check whether your desired company name is available. The search is free.
Required Documents
- Articles of incorporation (notarised)
- Company bylaws
- Certified director signatures
- Copy of founder's ID / passport
- Proof of share capital deposit (min. €1)
- Proof of CRPS fee payment (€10)
- Single-member LLC bylaws template (Statut DOO jednočlano.docx) — https://irms.tax.gov.me/public/docs/useful-documents/Statut%20DOO%20jedno%C4%8Dlano.docx
- Multi-member LLC founding agreement template (Ugovor o osnivanju DOO višečlano.docx) — https://irms.tax.gov.me/public/docs/useful-documents/Ugovor%20o%20osnivanju%20DOO%20vi%C5%A1e%C4%8Dlano.docx
- Company founding rules (Pravila o osnivanju privrednih društava.DOCX) — https://irms.tax.gov.me/public/docs/useful-documents/Pravila%20o%20osnivanju%20privrednih%20dru%C5%A1tava.DOCX
Legal Basis
- Law on Business Organisations (Zakon o privrednim društvima)
- Law on Registration of Business Entities (Zakon o registraciji privrednih subjekata)
- Law on Corporate Income Tax (Zakon o porezu na dobit pravnih lica)
Competent Institutions
- CRPS — Central Register of Business Entities
Company registration
- IRMS portal
Electronic filing (since 2026)
- Tax Administration of Montenegro
Tax obligations after formation
- eUprava
Electronic applications
Legal entity forms
| Form | Abbreviation | Min. capital |
|---|---|---|
| Limited liability company | d.o.o. | €1 |
| Joint-stock company | a.d. | €25,000 |
| Sole proprietor | — | None |
LLC formation costs
| Item | Amount |
|---|---|
| Notary certification | €50–150 |
| CRPS fee | €10 |
| Share capital | €1 |
| Stamp | €20–50 |
| Total (approximate) | €80–210 |
Additional notes
If you use a lawyer or agency, costs increase by €200-500.
Tax obligations after formation: corporate income tax (9/12/15%), VAT (if turnover > €30,000), personal income tax on employees, social contributions.
For questions and support: IRMS portal (https://irms.tax.gov.me/public/), email [email protected], tel. 19707.