MONTE NEGRO d.o.o. (Ltd)
It is like English Ltd. and this form is the most popular.
One or more people may establish the Ltd. – domestic or foreign, private or legal person or persons. The memorandum and articles of association must state the amount of incorporation (initial capital), which may be specified in currency, commodity or law; the percentage of the founder (s) in the operation of the company; as well as profit sharing (e.g. 50:50).
The minimum share capital of the establishment of Ltd. is 1 €.
The statutory ordinances that apply to the establishment of the Montenegro Ltd. generally comply with Western statutory ordinances and comply with English Ltd.
The establishment of limited liability company-DOO- in Montenegro (društvo sa ograničenom odgovornošću (DOO) requires the following documents:
What is included in this price of 4400,00 €:
• Up to 2 hours of consulting
• Certificate of Incorporation
• Article of Association
• Company registration summary for the notary
• Notarization of the company’s founding documents
• Authentication of a copy of the signature title
• Business Registration Certificate
• Company registration documents
• One-year legal company address
• Proof of paid-in share capital
• Proof that the deposit (share capital) has been placed without encumbrance
• Certificate of competency of a company manager
• Registered home address, registration of residence in Monte Negro, work permit, occupational medical certificate all this is done with accompaniment by our local lawyer.
Good to know that you would have to come to Monte Negro in person for 1-3 days to sign the application in person.
The court of registration usually registers the business within 1-2 weeks.