Start Your Business in Montenegro
Choose the right business structure for your needs. Compare all options to find the perfect fit.
Choose Your Business Type
Each business structure has unique benefits and requirements
Entrepreneur
Operate as an individual, ideal for freelancers and micro businesses with simplified setup and admin.
LLC
Whether you're launching solo or with a team, forming an LLC means your business carries its own weight.
JSC
Intended for larger ventures and capital markets; private or public; raises funds via shares.
Partnership
Built on mutual trust; partners share responsibilities, profits, and liabilities.
Limited Partnership
Shared efforts, balanced risks - general partners fully liable; limited partners up to their contribution.
Detailed Comparison
Side-by-side comparison to help you make the right choice
| Feature | Entrepreneur | LLC | JSC | Partnership | Limited Partnership |
|---|---|---|---|---|---|
| Minimum Capital | €0 | €1 | €25,000 | €0 | €0 |
| Limited Liability | Mixed* | ||||
| Max Shareholders | 1 | 30 | Unlimited | Unlimited | Unlimited |
| Suitable For | Freelancers, solo professionals | SMEs, startups | Large enterprises | Joint ventures | Investor + operator |
| Registration Complexity | Low | Medium | High | Medium | Medium |
| Corporate Tax | 9%–15%, progresivno | 9%–15%, progresivno | 9%–15%, progresivno | 9%–15%, progresivno | 9%–15%, progresivno |
* Limited Partnership: General partners have unlimited liability, limited partners have liability up to their contribution.
Foreign Nationals?
If you're a foreign national looking to start a business in Montenegro, you may need a temporary residence permit and work authorization.
- Temporary residence permits
- Work authorization process
- Business visa support
Average processing time
Countries eligible
Initial permit duration