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Deadline for Business Harmonization with the new Law on Companies

According to the new Law on Companies, all joint stock companies and limited liability companies are obliged to harmonize their organization with the law and perform a registration of alterations within nine months of the day of enforcing the law, while all other companies are obliged to do the same within eighteen months.

COVID 19 MNE information

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The new Law Business Entities has been adopted

The new Law on Business Entities has been published on the 3, July 2020 in the “Official Gazette of Montenegro” No. 065/20 and it came …

Amendments to the Law on Foreigners

Amendments to the Law on Foreigners has been published in January 2019 in the “Official Gazette of Montenegro” No. 03/19 Below are highlighted some important amendments:  It …

New restrictions on opening bank accounts for companies founded by legal entities from offhore destinations

In Montenegro, it is not possible to open any corporate bank account for companies registered in Montenegro if the founder of such company is a …

A tender for the construction of Brajici wind farm launched

Montenegrin Ministry of Economy has launched a tender for the construction of Brajici wind farm with installed capacity of at least 70 MW. Tender includes …

Investment potentials of the Capital City of Podgorica

The Law Office Vujacic representatives attended to the Austrian Business Circle event held in Hotel Podgorica in June 2019, where the Manager of the Capital …

The new Law on immovable Property Tax has been adopted

The new Law on Immovable Property Tax has been published on the 30, April 2019 in the “Official Gazette of Montenegro” No. 25/19 and it came …

Decision on Privatization Plan for 2019 has been published in the Official Gazette No. 013/19 of 01 March 2019

The Government of Montenegro, at the session of February 7, 2019, passed Decision about The Privatization Plan for 2019 which is published in the Official …