Foreign investors have multiple business opportunities in Montenegro and can set up their operation under various types of structures governed by the Company Law. However, they also have certain responsibilities when setting up companies, among which the obligation of finding a legal address for the company in order for it to be considered a domestic business.
Those who want to open companies in Montenegro can choose a virtual office as first step in registering a business here, however, this is a temporary solution which is why the registered address needs to be changed. There are also other situations which require the change of the registered address of a Montenegro company and our local advisors explain them below. Our company formation agents in Montenegro can assist business owners who need to change the registered addresses of their companies.
The Company Law provides the following requirements for companies in Montenegro:
There are various conditions imposed by the Company Law in case of all changes brought a company in Montenegro, however, the changes in a business’ legal address are often met in Montenegro.
Our company registration specialists in Montenegro can advise foreign investors who need to amend company details.
There are several situations under which a Montenegro company is required or decides to move its registered office. Among these are:
If you need to change your Montenegro company’s registered address and need information on how to proceed, our consultants are at your disposal for assistance. We can also help you open a company in Montenegro and provide you with virtual office services in this sense.
The procedure for changing a Montenegro company’s registered address is not complicated and implies several steps. The first one is the meeting of the shareholders who need to make the decision of changing the legal address formal by issuing a declaration in this sense. The decision must then be submitted with the Montenegro Trade Register together with an application form which must contain the new address.
Once the change of the legal address has been approved by the Companies House in Montenegro, the shareholders have the obligation of notifying the tax authorities, the licensing authorities and its clients. Then, the company’s statutory documents need to be amended. Also, all official documents issued by the company need to bear the new address of the company.
Special attention must be paid when moving to another region in Montenegro, as a change in the business license could also be required.
If you plan on opening a company in Montenegro, we have good news:
Other industries which offer investment opportunities in Montenegro are banking and telecommunications.
If you need assistance in chaining your company’s registered address or if you want to open a company in Montenegro, please contact our local representatives who can help you in both cases.