The Montenegrin Parliament has recently adopted new Amendments to the Company Law. The primary reason for the induction of changes to the current legislation is the extension of the deadline for the harmonization of the organization and business activities of companies in Montenegro with the new law, caused by the reduced operability of the online registration platform introduced with the new law.
With the stated amendments, the deadline for the harmonization of companies’ documents and activities was set at the 15th of June 2026.
With the before-stated in mind, it is also important to note that changes were introduced regarding the company incorporation documents. These include:
- The more precise defining of the rules regarding the signing of company documents, with which it is now concretized that if the company incorporation document and/or the company statute are made in an electronic form, they have to be signed by all founders with a qualified electronic signature/stamp, and;
- The exclusion of the electronic form for company incorporation documents in the case of using real estate as a non-monetary contribution to a company.
These amendments entered into legal force on the day of the publishing in the Official Gazette of Montenegro, on the 27th of March 2026.
Prepared by,
Daniel Vujacic, LL. M. (UW)