The regional courts were responsible for registering new businesses in Montenegro until recently, when this issue was taken by the Central Registry of Montenegro. Still the Central Registry may invest a regional court to receive specific documents for registration but this must be submitted to the Central Registry in less than three days from receiving it.
The Central Registry complies with the Commercial Court. The main purpose of the Central Registry of Montenegro is to maintain an updated and centralized database with information regarding the companies. Our specialists in company formation in Montenegro can handle the company registration procedure for you.
The limited liabilities companies and the joint stock ones can achieve the status of legal personality only after these companies were registered with the Central Registry.
For a partnership it is not mandatory to be registered with the Central Registry of Montenegro. This type of business may be regbistered for statistical reasons.
Every company must pay a registration fee or issuance fee (in case copies of documents are necessary) and our company formation agents in Montenegro can tell you more about this fee.
The registration of a company in Montenegro is made by submitting special documents, specific for every type of business.
The joint stock companies must deposit the following documents:
The limited liability companies must apply with:
The individual entrepreneur and the partnership are not obliged to register but if they want to they can by submitting a registration statement.
All the information from the Central Registry of Montenegro is available for the public, via Internet or at the office from Podgorica. Trained personnel are provided in order to receive copy of the Registration Certificates, Certificates of Non-Existence or Abstracts.
A claimant is entitled to receive compensations from the Commercial Court if the information is not accurate because of the Registry’s personnel.
For more details about this institution or for assistance when registering a company, please contact our company registration experts in Montenegro.