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”.
MONTENEGRO ADOPTS NEW COMPETITION PROTECTION FRAMEWORK
The Parliament of Montenegro has adopted two significant pieces of legislation aimed at strengthening the country’s competition law regime: the new Law on Protection of