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 into force on 11 July of the same year. This new law regulates the key issues concerning the business entities and now it is harmonized with EU “company directives”.
Changes to Limited liability companies according to the new Company Law of Montenegro
With the recently adopted Company Law in Montenegro, which is set to enter into legal force on the first of January of the upcoming year,