10 FREQUENTLY ASKED QUESTIONS AND ANSWERS FOR THOSE WHO WANT TO OPEN AN LTD IN MONTENEGRO

Published On - 1. October, 2021

Martina Srnovršnik Uncategorized

Setting up a company in Montenegro

 

  1. How much does it cost to open an LLC/LTD in Montenegro?

The costs required to open a company in Montnegro are as follows:

  • The overall offer for the establishment of an LLC/LTD with 1 shareholder, accounting management for the period of 1 year (1 employee, 30 invoices) including assistance in obtaining a residence permit for the CEO: € 3,000
  • The initial share capital is 1 EUR which remains available to the members after incorporation.

 

  1. How long it takes open a company in Montenegro?

It usually takes about 2 days to set up a company in Montenegro.

 

  1. What are the costs of accounting for an LLC/LTD in Montenegro?

Cost accounting and seat are included in the package.

 

 IF YOU WANT TO OPEN A SRL CLICK ON: https://www.societaallestero.com/en/contacts/

 

  1. How much is the profit tax in Montenegro?

9%

  1. How much is the tax on dividends?

0%

  1. How much is the VAT?

19%

7 What are the minimum contributions for an employee?

The minimum contributions for an employee (which must be employed) are 144 € per month for 8 hours per day, 72 € per month for 4 hours per day and € 36 per month for 2 hours per day.

 

For more information on setting up a company in Croatia, write to info@taxofia.com

 

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