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Properties

Preview & Print

Properties

Steps (10) arrow_drop_up arrow_drop_down
Pay registration fees  (1) expand_more expand_less
Check business name availability  (1) expand_more expand_less
Notarize registration documents  (1) expand_more expand_less
Register branch of a foreign company  (2) expand_more expand_less
Collect company's seal  (1) expand_more expand_less
Set up company's bank account  (2) expand_more expand_less
Update company's information at Tax Office  (2) expand_more expand_less
Obtain a VAT cash register expand_more expand_less
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Summary of the procedure

Institutions involved 6 expand_more expand_less

Any Post office of Montenegro branch
Central Registry of Commercial Entities (x 3)
Notary chamber of Montenegro
Any seals making shop
Any commercial bank in Montenegro (x 2)
Tax office's regional unit in Podgorica (x 2)

Results 2 expand_more expand_less

Tax identification number
VAT registration certificate

Required Documents expand_more expand_less

Payment instructions: registration fee
Payment instructions: registration with municipality fee
Payment instructions: name reservation fee
Mother company's original statute
ID Card (x 4)
Branch registration form
Proof of payment Tax department
Mother company's registration certificate
Mother company's notarized statute (x 2)
Mother company's balance sheet
Mother company's income statement
VAT registration form
Notarized Power of attorney
Branch documents submission confirmation
Branch registration certificate (x 3)
Tax ID registration certificate (x 2)
VAT registration certificate
Company's seal (x 2)
JPR form
Annex A- Legal person
Annex B- Natural person
Photocopy of the ID card
Card of authorized signatures
Employment contract
Education diploma
JPR form (seal)
JPR Form- Annex B (seal)
JPR form- Annex A (seal)

Estimated cost EUR  45.6

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USD expand_more expand_less
  • USD Add Name Here
This is an estimate based on a series of assumptions which you can modify to calculate your own costs:

Cost detail

Estimate your cost

EUR 10
Business Registration Tax
EUR 0.2
Post office takes a fee of EUR 0.2 for each transaction under EUR 15.
EUR 5
CDA Statement fee
EUR 0.2
Post office takes a fee of EUR 0.2 for each transaction under EUR 15.
EUR 10
Name reservation fee
EUR 0.2
Post office takes a fee of EUR 0.2 for each transaction under EUR 15.
EUR 0 -
EUR  2.98 per signature
The cost of signature notarization is EUR 2.5 per signature, plus VAT of 19%.
EUR 20
This is the average cost of a seal. In some seal making shops it is possible to pay additional fee for express service.

Total Duration 2 d - 15 d expand_more expand_less

  Min. Max.
Total time (sum): 2 d 15 d
of which:
Waiting time in queue (sum): 50mn 1h. 45mn
Attention at counter: 1h. 1h. 55mn
Waiting time until next step (sum): 2 d 14 d

Laws 10 expand_more expand_less

Labor law Labor law
  Article 21
Law on administrative taxes Law on administrative taxes
  articles 1, 2
Law on Business Organization Law on business organizations
  articles 83, 86, 87
Law on general administrative procedure Law on general administrative procedure
  Article 207
Law on illegal business conduct prevention Law on illegal business conduct prevention
  Article 5
Law on integrated registration and reporting system on calculation and payment of taxes and contributions Law on integrated registration procedure
  Article 6
Law on Pension and Disability Insurance Law on Pension and Disability Insurance
  Article 140
Law on postal services Law on postal services
  Article 17
Law on tax administration Law on tax administration
  Article 27
Notary tarifs Notary tarifs
  Article 9
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