The basic legislation on incorporation and registration of business organizations is the Law on Business Organizations.

This Law shall regulate the forms of organization pursuing economic activities and their registration.

According to the Law, business organizations and entrepreneurs shall carry out economic activity.

In addition to a joint stock company and limited liability company, the forms of organization pursuing economic activities shall be:

  • the individual entrepreneur;
  • the general partnership;
  • the limited partnership;
  • the foreign company branch.

Joint stock company and limited liability company shall acquire the status of a legal person on the day of their registration. Branches of a joint stock company and limited liability company shall not have the status of a legal person.

The forms of organization pursuing economic activities registered in accordance with this Law shall be obliged to obtain a license prior to commencing their business activity, if the license is envisaged by a separate regulation. The license shall not be a condition for registration in accordance with this Law.

 

MONTENEGRO COMPANY
Integrated Corporate Services Provider 
Law Firm Jovovic, Mugosa & Vukovic

 

81000 Podgorica | Slobode 16 | Montenegro
Phone: +382 20 672 671 | Fax: +382 20 672 672
Email: info@montenegro-company.com

JUMP TO TOP
X

Right Click

No right click

Cookies make it easier for us to provide you with our services. With the usage of our services you permit us to use cookies.
More information Ok Decline