Entrepreneur Registration
https://eporezi.me/en/vodici/registracija-preduzetnika
Sole proprietor registration in Montenegro via the IRMS portal (since 2026). Simple procedure, costs €30-80, lump-sum taxation up to €30,000 turnover (since 1 Jan 2025).
Key facts
- Registration costs €30–80; CRPS processes it within 4 business days.
- Apply electronically via the IRMS portal (formerly eFirma) or at CRPS in person.
- Request lump-sum tax (up to €30,000 turnover) within 5 days of registering.
- A sole proprietor is liable with all personal assets, unlike an LLC (DOO).
Procedure
On the CRPS website, check whether your desired business name is available. The search is free and available online.
A copy of your ID card or passport is required. For foreign citizens: certified translation of passport. Additionally, prepare details about the business activity and registered address.
Sole-proprietor founding decision template
Official template from the IRMS portal. Download, fill in, and attach to your registration application.
Since 2026 the application is submitted electronically via the IRMS portal (previously eFirma) or in person at the CRPS office (form PS-01a). Electronic registration is faster and simpler.
CRPS processes the application and assigns a TIN automatically. Processing time: up to 4 business days. After registration you receive a decision.
With the registration decision, open a business account at a bank of your choice. You need the decision, personal document and stamp (if obtained).
If your turnover does not exceed €30,000 a year (threshold since 1 Jan 2025, Art. 49 of the Personal Income Tax Law), you can apply for lump-sum taxation (ZPO form) — a new entrepreneur within 5 days of registration, otherwise by the end of January of the year for which the tax is assessed. Lump-sum taxpayers pay a fixed monthly amount without keeping accounting books. Lump-sum taxation is not available for excluded activities (lawyers, accountants, consultants, trade, hospitality etc.) or for VAT-registered entrepreneurs.
If you exceed €30,000 in turnover during the year, you switch to regular taxation on actual income.
Since 1 Jan 2021 every invoice of a fiscalisation obligor — cash and non-cash — is signed electronically and sent in real time to the Tax Administration through the fiscal service (SEP portal), which returns the JIKR invoice code. You need software and an e-signature certificate, not a special "fiscal device"; business premises are registered 24 hours before first use (Law on Fiscalisation in the Sale of Products and Services, Art. 12 and 14).
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Sole proprietor vs LLC
| Criterion | Sole proprietor | LLC |
|---|---|---|
| Liability | All personal assets | Limited to invested capital |
| Registration | Simpler, IRMS online | More complex, notary + CRPS |
| Lump-sum tax | Yes (up to €30,000 turnover) | No |
| Min. capital | None | €1 |
| Contributions (employee) | 10.5% | 10.5% |
| Profit / income tax | 9-15% income | 9/12/15% profit |
Additional notes
A sole proprietor is liable with all personal assets, unlike an LLC where liability is limited to invested capital.
Entrepreneur obligations: income tax (annual: 0% up to €8,400, 9% up to €12,000, 15% above — or lump sum), contributions for own insurance pension 10% + unemployment 1% (Contributions Law Art. 15 and 18), monthly tax advance and contributions by the end of the current month for the previous month (PIT Law Art. 48), VAT if turnover > €30,000, annual GPP-FL return by April 30.
For questions and support: IRMS portal (https://irms.tax.gov.me/public/), email [email protected], tel. 19707.
Required Documents
- Copy of ID card / passport
- Registration application (PS-01a form)
- Proof of CRPS fee payment
- ZPO form (for lump-sum taxation, optional)
- Entrepreneur founding decision template (Odluka o osnivanju preduzetnika.docx)
- Registration application instructions (Pravilnik o obrascu, PDF)
Legal Basis
- Law on Entrepreneurship (Zakon o preduzetništvu)
- Law on Registration of Business and Other Entities (Zakon o registraciji privrednih i drugih subjekata)
- Law on Personal Income Tax (Zakon o porezu na dohodak fizičkih lica)
- Amendments to the PIT Law, Off. Gazette 88/24 (lump sum up to €30,000 from 1 Jan 2025)
- Law on Fiscalisation in the Sale of Products and Services (electronic fiscalisation)
Competent Institutions
- CRPS — Central Register of Business Entities
Entrepreneur registration
- IRMS portal
Electronic filing (since 2026)
- Tax Administration of Montenegro
Lump-sum tax, taxes, contributions
- eUprava
Electronic applications
Related guides
Lump-Sum Taxation for Entrepreneurs
Fixed monthly amount, €30,000 threshold (since 2025), ZPO form by end of January, Tax Authority approval
Company Formation in Montenegro
LLC registration step by step, CRPS/eFirma, costs €80-210
Income Tax in Montenegro
Rates 0/9/15% + municipal surtax 10-15%, €700 deduction, 10.5% contributions