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Fees and timelines in 2024

Fees

payment by instalmentIncorporation costs in Year 1 amount to €3,050 and annual company costs in Year 2 and thereafter amount to €400. The average fee per Montenegro engagement amounts to €11,020, which includes company incorporation and opening a local corporate bank account and all government fees. Refer to draft invoice embedded here.

Different Montenegro entity types Cost Draft invoice
Limited Liability Company (LLC) €11,020 View invoice PDF
JSC €11,270 View invoice PDF
Branch office €11,020 View invoice PDF
Representative office €11,320 View invoice PDF
Ready-made company turnkey solution €10,900 View invoice PDF


Other fee considerations

Timelines

The average Montenegro company registration period is 11 weeks as outlined below:

montenegro business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Montenegro, please contact our in-house country expert, Mr. Petar Chakarov, directly:
client relationship officer - Petar
  • Mr. Petar Chakarov
  • Senior Manager, Sales and Business Development
  • Get in touch