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Steps (11) arrow_drop_up arrow_drop_down
Pay registration fees  (1) expand_more expand_less
Notarize registration documents  (1) expand_more expand_less
Register as an entrepreneur  (1) expand_more expand_less
Collect entrepreneur's seal  (2) expand_more expand_less
Set up entrepreneur's bank account  (2) expand_more expand_less
Register with municipality  (2) expand_more expand_less
Update entrepreneur's information at Tax office  (2) expand_more expand_less
Obtain a VAT cash register expand_more expand_less
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6
Request entrepreneur's bank account
(last modified: 06/06/2019)

Timeframe ( ver detalles )

Espera hasta paso siguiente

15 mn  -  25 mn
1 day  -  2 days

Contact details

Entity in charge

Any commercial bank in Montenegro

Expected results

Appointment for signing a bank account contract

Requirements

1. Notarized signature
Notarized signature (original)
2. Entrepreneur registration certificate
Entrepreneur registration certificate (original)
3. 01 - Libre deuda de patente
Entrepreneur Tax ID number (original)
4. 01 - Libre deuda de patente
ID Card (original)
5. 01 - Libre deuda de patente
Entrepreneur's seal (original)
6. Application form for bank account
Application form for bank account (original)

Time frame

Waiting time in queue: Min.   5mn - Max.  10mn
Attention at counter: Min.   10mn - Max.   15mn
Waiting time until next step: Min.   1 day - Max.   2 days

Legal justification

1. Law on illegal business conduct prevention
Law on illegal business conduct prevention
Article 5

Additional information

Note 1: When setting up entrepreneur's bank account, it is important to set up an account for domestic and account for international payment operations. Note 2: In addition to documents provided within the Requirements section, a bank will provide user with the Application form for opening a bank account and a Card of authorized signatures of persons authorized to manage entrepreneur's bank account.

Recourse: Central Bank of Montenegro

Entity in charge

Central Bank of Montenegro

Bulevar Svetog Petra Cetinjskog 6 , Podgorica 81000
Tel: +382 20 403 100
Email: bojana.supeljak@cbcg.me
Website: http://www.cb-cg.org/

Unit in charge

The Banking Ombudsman

Mon: 09:00 - 17:00
Tue: 09:00 - 17:00
Wed: 09:00 - 17:00
Thu: 09:00 - 17:00
Fri: 09:00 - 17:00

Person in charge

Mr. Halil Kalac

The Banking Ombudsman
Tel: +382 20 230 695
Email: bankarski.ombudsman@cbcg.me
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