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 legal entity / company from an offshore destination as it is for example British Virgin Islands etc. Regardless the fact that there are no any legal restriction that the company […]
News
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 30-year concession for a lease of 13.8 million square meters land plot in Brajici intended for the construction of a wind farm, with annual fee. Detailed information about this tender […]
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 City of Podgorica Mr Marjan Junčaj has presented investment potential of the Capital City of Podgorica. Mr Juncaj presented current and potential projects, and initiative regarding the encourage economic development. […]
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 into force on 8 May of the same year. This new law regulates the basic elements of tax on immovable property. By this law, the objects of taxation, illegal buildings, […]
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 Gazette No. 013/19 of 01, March 2019 and it came into force on 9, April of the same year. Decision on Privatization Plan for 2019 sets out the goals and […]
Residence in Montenegro
Main information about the residence in Montenegro you can find in our short brochure. Click here to download pdf document
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 is prescribed possession of minimum 1/2 ownership right as a new condition for the residence permit based on real estate ownership; It is prescribe possibility to obtain the resident […]
2018 Energy Investment Risk Assessment Report
Law Office Vujacic is pleased to have contributed the Montenegro chapter to the Energy Investment Risk Assessment – EIRA 2018 successfully launched on 3 October, in Brussels. EIRA 2018 aims at assessing specific policy, regulatory and legal risks concerning foreign and domestic investment in the energy sector of different countries. The Report is available online […]
Law Office Vujacic is pleased to have contributed the Montenegro chapter to the Aircraft Finance
Law Office Vujacic is pleased to have contributed the Montenegro chapter to the Aircraft Finance : Regulation, Security and Enforcement which is the essential working handbook on the laws relating to the registration of aircraft, the registration of aircraft security, the enforcement of aircraft mortgages, lease registration, and enforcement and tax aspects. For more information […]
18.05.2018. – TLA meeting and team bulding weekend in Montenegro
Top-tier Legal Adriatic (TLA), as Vienna-based alliance of independent leading law firms operating in the Adriatic region held its late spring meeting in Podgorica on Friday May 18, hosted by Law Office Vujačić (TLA Montenegro). The productive meeting resulted in further TLA integration and new synergies in providing services to clients across the region and […]