The Cost of Forming a Company in Montenegro

Summary: Minimum capital for a DOO (limited company) in Montenegro is symbolic (from €1). The real cost lies in the formation fees and the subsequent regular accounting/compliance expenses. This guide explains “what you pay” item by item — drivers of cost rather than a fixed number.

Contents

1. Capital
2. Formation-stage costs
3. Recurring (annual) costs
4. Tax burden
5. Factors affecting cost
6. FAQ

1. Capital

Minimum capital for a DOO starts at €1 — so capital is not a barrier to formation. This is one of the factors that make Montenegro attractive with its low entry cost.

2. Formation-stage costs

Typically these items come into play at formation:

• Notary and official fees: articles-of-association approval, registration fees (relatively low, per official tariffs)
• Registration procedures: Central Business Registry (CRPS) registration
• Tax registration (PIB) and VAT registration if needed
• Seal and statutory ledgers
• Service/consultancy fee: if you have the formation handled professionally (varies by scope)

Note: Official fees are relatively low; the total cost is mostly determined by the scope of the service you take and the need for remote/PoA handling. At MGT, the company formation service is €2,450; the formation + 5-year consultancy package is €7,450.

3. Recurring (annual) costs

Forming the company is one-off; keeping it running is continuous:

• Accounting: monthly bookkeeping, VAT and payroll (by transaction volume and number of employees)
• Year-end: corporate tax filing and closing
• Address/office: may be required for operations and the account
• Banking: account operating fees (by bank)

4. Tax burden

Don’t forget tax in cost planning:

• Corporate tax is progressive: 9% up to €100,000.
• If you renew residence via a company (permits based on being an executive director holding 51% or more of the company), the 17 January 2026 rule requires evidence at extension that the company paid at least €5,000 in annual tax/social security in the preceding period — count this as a kind of minimum burden. Shareholders below 51% and citizens of the EU/EEA/Switzerland are exempt from this condition.

5. Factors affecting cost

• Formation only, or a package including accounting + residence support?
• Need for remote/PoA handling (translation, apostille)
• Employee hiring (payroll/social security)
• VAT status and transaction volume

So rather than “a single figure,” a bespoke proposal tailored to your needs is best.