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Company Establishment

Clearly define your business idea and create a strategy for success—from your products or services to market, competition, and operations.

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Establishing a company and navigating the start-up procedures through Central Register Services (CRS) typically involves several key steps. While specific procedures may vary by country or region, here's a general overview of the process in Montenegro:

Company Establishment Process

  • Concept Development: Clearly define your business idea, including the products or services you will offer.
  • Business Plan: Create a detailed business plan outlining your goals, target market, competition, financial projections, and operational structure.
  • Types of Entities: Decide on the type of business entity (e.g., sole proprietorship, partnership, limited liability company (LLC), corporation) based on factors like liability, taxation, and management structure.
  • Registration Requirements: Each type has specific registration and compliance requirements.
  • Business Name: Choose a unique name for your business that complies with local naming regulations.
  • Reservation Process: Some jurisdictions require you to reserve your business name with the CRS or a similar authority before registration.
  • Articles of Incorporation: Draft and prepare the necessary documents, such as Articles of Incorporation or Organization, which outline key details about your business.
  • Bylaws and Operating Agreements: For corporations and LLCs, create bylaws or operating agreements that govern the internal operations of the business.
  • Application Submission: Submit your application and required documents to the CRS. This often includes your business name, structure, address, and ownership details.
  • Fees: Pay any applicable registration fees. Fees can vary based on business type and jurisdiction.
  • Local and State Licenses: Identify and apply for any licenses or permits required for your specific industry and location. This can include health permits.
About Me

Additional Assistance

We prepare Decisions on establishment, Agreements on the establishment of a company, multi-member or single-member, for the registration of the company in the Central Register of Business Entities, as well as applications for the customs register or the VAT system register.

Any kind of licenses for a specific company activity can be taken easily from institutions with me.

If you decide to work it with yourself, I can be support and show-how.

If you decide to engage me to work all on your behalf – I will prepare a special power of attorney for these purposes. This requires your presence only once.

Statutory Changes

All types of changes within the company: change of activity, executive director, street, city, founder, founding role or some other changes, change of ownership, required by the law or the management.

Statutory Changes

Company Terminations

The liquidation process includes the preparation and submission of final accounts on the day of liquidation, the preparation of Liquidation Decisions and other necessary steps, up to the final step: obtaining the Liquidation Decision from the Central Register of Business Entities.