Company
Entrepreneur Registration
Sole proprietor registration in Montenegro via the IRMS portal (since 2026). Simple procedure, costs €30-80, lump-sum taxation up to €18,000.
3-4 business days
€30-80
7 steps
Procedure
On the CRPS website, check whether your desired business name is available. The search is free and available online.
Future entrepreneur15 minutes
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 €18,000) | 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 (9-15% or lump-sum), pension 10% + unemployment 0.5%, VAT if turnover > €30,000, annual 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 Entities (Zakon o registraciji privrednih subjekata)
- Law on Personal Income Tax (Zakon o porezu na dohodak fizičkih lica)
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