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”.
Corporate Sustainability Due Diligence Directive (CSDDD)
In may of last year the European Union adopted the Corporate Sustainability Due Diligence Directive (CSDDD). The provisions of the Directive apply to EU-based companies