MGT Montenegro
TR

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.

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, the 17 January 2026 rule means the company is expected to have paid at least €5,000 in annual tax/social security — this should be counted as a kind of minimum burden.

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.

Frequently asked questions

Is forming a company in Montenegro expensive?
No; minimum capital is symbolic (€1) and official fees are low. The real cost is regular accounting and compliance.
Why is there no fixed price?
Because cost varies by your scope (formation only or package), number of employees and transaction volume. A bespoke proposal is best.
What recurring costs are there after formation?
Mainly accounting, tax and banking/office expenses.