Structured services for long-term business presence in Montenegro
Our services are designed to support foreign-owned businesses throughout their entire lifecycle in Montenegro — from initial setup to day-to-day operations and complex regulatory matters.
We do not sell one-off paperwork. We build compliant structures that work in practice.
Introductory consultation
Grow Your Business
At Atcon Consulting, we’ve helped hundreds of businesses get started in Montenegro and we can help you too. Setting up an introductory consultation with us will help guide you through the process and ensure that your business is structured for success.
Many entrepreneurs choose to start a business in Montenegro because the country offers great growth opportunities. The beauty of Montenegro is that it’s located in a prime position for business. It is located in the heart of Europe and is a gateway to the European Union.
Being geographically located between the other Balkan countries like Albania, Serbia, and Croatia, Montenegro has easy access to the EU’s single market, which makes it one of the most underrated places to start a business.
In addition to the country’s rich heritage and culture, boasting many historical sites, beautiful landscapes, and mountain ranges, the country also offers flexible business regulations, allowing you to set up almost any business.
Establishing a business in Montenegro means you can become entitled to the country’s tax benefits and be well placed in the global economy. The country’s tax system is generally designed to provide companies with a competitive tax regime with tax rates that are among the lowest in the world.
Where business and excellence converge
There are several things you need to consider when opening a business in Montenegro. First of all, you’ll need a bank that understands your business model. Our aim is to help you partner with a reputable bank that is on board with the vision you have for your business.
Operating in a competitive environment, banks in Montenegro offer services that are often very convenient for clients. With our network of banks, you’ll be able to access the services you need from anywhere in the world, as well as enjoy all of the benefits that come with partnering with us.
It’s important to have the right connections in order to keep your business running efficiently. Whether you are starting a new business or expanding internationally, we can help you stay on track for long-term growth and stability.
Numerous laws exist in Montenegro that might have an effect on your business’s day-to-day operations and we equip you with the knowledge necessary for you to make informed decisions about these laws and their implications for your business as well as fully assist you in comprehending the regulations and legal framework within which your business will operate.
We have years of experience helping businesses from a variety of industries adapt to Montenegro’s competitive business environment. We have always been dedicated to delivering the most efficient and effective services possible to assist clients in overcoming their unique business challenges.
Our introductory consultation service can help guide you through the process of incorporating and running your business in beautiful Montenegro. We can provide you with all of the information necessary to help get your business off to a good start and ensure your success.
Company incorporation
Expert Guidance
In the past in order to benefit from market differences in different corners of the planet it involved hard work; often long traveling hours and a great amount of time spent in queues battling bureaucracy.
Today, opening a business abroad might actually be easier, involve less risk, and be more economically sound than starting up a business in your home country. With our dedication, professionalism and extensive knowledge of both legal and social aspects of such an operation, you will have all areas covered, completely transparent and hassle free.
We will make sure that everything is set up and running even before you arrive to Montenegro.
Our Incorporation package includes:
- Drafting the Foundation Acts (Articles of Association, Decision/ Contract on incorporation etc);
- Preparing and filing the documents for the Central registrar of companies and tax authorities;
- Provision of a tax registration, VAT and customs number;
- Public Notary Fees;
- Legal fees;
- Company stamp.
Bank account opening
Where business and excellence converge
Atcon Consulting offers to all of its clients business account opening service and invaluable experience and expertise in introducing your company to any of the country’s reputable banks, all according to client’s specific needs and preferences.
With presently thirteen banks operating in Montenegro, we will provide you with adequate and tailored advice on which one will best suite your business model.
Apart from facilitating the opening of actual business accounts, we offer services ranging from facilitation with working capital, term loans, bank guarantees, letters of credit and more.
COMPANY REGISTERED ADDRESS WITH MAILBOX
Mailbox with mail forwarding for your business
Mailbox with mail forwarding for your business
Incorporating company in Montenegro brings alongside certain obligations, one of the first being that all public entities (companies) must have registered address, and be able to receive official letters from authorities, in short have some kind of office.
Recognizing that most of our clients/ investors, especially for initial stage, do not want or need to bother with office, rent, secretary, utility bills, and similar expenses, it is our pleasure to offer you:
Ongoing Support
Accounting & tax
Tax rules and regulations
Complex tax rules and regulations affect almost every aspect of personal and professional finances. At Atcon Consulting, we believe that tax planning is one of the most important components of a solid business strategy.
Our financial advisors have abundant experience in serving a diverse client base, extensive knowledge of the various issues companies might face in this sector of their operations, and offer personalized guidance and help with your immediate or long – term business objectives.
Work and residence permit application
Turning a New Page
Montenegrin company law provides that each company must have at least one employee (executive director) employed on full time basis.
Clients/ investors can choose between employing local person or appointing his/her self as CEO of the company.
By choosing second option, foreign citizens are obliged to obtain work and residence permit in order to be eligible for employment in Montenegro
Our team will guide you through all required steps, facilitate in acquiring necessary permits, and make this procedure as convenient and as simple as possible.
Also, we will provide you with a service of initial advice/assessment on whether your request is eligible under Montenegrin legislation.
Nominee directorship
Acting on your behalf
Montenegrin law requires information about company’s director and shareholders to be available on public record. If for any reason you do not wish to disclose such information – we are here to protect your privacy and ensure confidentiality. Rights to your company will be protected by Power of Attorney – which certifies your full management, while the Nominee Director only represents you.
Our personnel will act on your behalf and according to your instructions in signing annual tax returns, year-end accounts and internal contracts.
Legal advice
Law and business law
A great number of business owners does not really understand or appreciate the importance of legal help available at all times, usually only until they face a problem. Certifying that you have legal assistance available allows you to focus on your business worry-free.
Legal team of Atcon Consulting offers help in national and international law and business law, in person or online.
Specialized Services
Real estate advisory
Strategies designed specifically
At Atcon Consulting we transform potential issues into chances for growth! Our real estate advisory services are centered on identifying a real estate project opportunities and tailoring a market responsive plan to maximize investment or development value.
As each client is unique for us, we develop strategies designed specifically for your personal needs and/or business objectives and advise on financial feasibility, development opportunities, marketing plans, all depending whether you want an investment property or living property.
Some of the services that relate to the real estate advisory include: assistance in design and permitting phase; assistance in identifying status of the real estate in plans and records; assistance in identifying title holder and settling legal issues, etc.
Tender documentation preparation
Whole preparation process
In Montenegro, the Government through the public procurement procedures annually allocates about 300 million euro, in projects affecting the various spheres of business.
Since a contract can succeed or fail depending on the team’s expertise and performance, it is essential to have a professional team in charge of the whole preparation process before the tender phase is reached.
Confident in our knowledge and experience we will consult and guide your company at public sector tenders, while identifying and minimizing the risk element at the same time through maximizing your company’s compliance and demonstrating your ability to meet each criterion.
Translation services
All in one place
We provide everything at one place: from translation of legal documents, business correspondence or proficiency certificates from and to:
English German
Dutch Danish
Svedish Norwegian
French Italian
Spanish Portuguese
Romanian Albanian
Russian Ukrainian
Bulgarian Macedonian
Polish Czech
Slovakian Slovenian
Greek Latin
Turkish Arabic
Hungarian Finnish
Japanese Chinese
to notary services needed for opening and successful operation of your business in Montenegro.
We may also assist you with providing interpretation services for your meetings should you need such assistance.
Guaranteed deposit withdrawal
While Montenegro government guarantee up to 50.000€ deposit security, when it comes to non resident companies this issue can prove to be quite a challenge for number of companies due to bureaucratic barriers
NON RESIDENT CLIENTS WITH DEPOSIT IN ATLAS AND/ OR IBM BANK
Due to the issues that INVEST BANKA MONTENEGRO AD PODGORICA (IBM Banka) and ATLAS BANKA AD PODGORICA (Atlas Banka) encountered in recent months, Central bank of Montenegro instigated bankruptcy proceedings against both banks, which resulted in mandatory payout of deposits of maximum of 50.000€ for all deponents, guaranteed by law.
While for companies registered in Montenegro, along with physical persons this was straightforward procedure, it turned out that for non resident companies with accounts in Atlas and IBM it was not possible to withdraw deposits, due to administrative issues.
Our team identified this problem in early stage and managed to find a solution in coordination and cooperation with Deposit protection fund, Central bank of Montenegro as governing body and commercial banks, through which payments are executed.
What we are offering to you is first hand expertise in this issue, deep insight in this problem and finally turnkey solution for your problem.
We examine your ownership structure, provide you with adequate Power of attorney draft, which once executed allows us to withdraw your funds without problem or delay, and thus refund the same to you as the rightful owner.