In short
Most small DOOs pay 9% on profit. VAT only becomes mandatory above €30,000 of sales. Dividends to you are taxed 15% at source, or less under some treaties.
Facts checked November 2026
Montenegro company formation
A Montenegro DOO registered for you, with its tax and statistics numbers and company seal. Government fees included.
DOOfrom $1,199 one-time
- 1–2 weeks
- 9% corporate tax
- Residence permit in Pro
At a glance
- Company types
- DOO (limited company) from $1,199
- People
- At least one member (owner) and one executive director.
- Foreign director
- A foreign executive director generally needs a work and residence permit. Our Pro tier covers one.
- Address
- A registered address in Podgorica from Go. On Explorer you use your own.
- Tax numbers
- The tax (PIB) and statistics numbers are issued at registration, so you can invoice straight away.
- Government fees
- Included in every package.
- EU status
- Not in the EU, so its VAT is separate. On the EU grey list (Annex II) as of 9 October 2026.
- Every year
- A corporate tax return by 31 March, annual financial statements and monthly payroll returns.
- Timeline
- 1–2 weeks
Taxes, explained simply
Your company pays
-
9%
Corporate tax
On profit up to €100,000. Then 12% up to €1.5m and 15% above. There is no local corporate tax.
-
21%
VAT
Mandatory once turnover passes €30,000 in 12 months. Reduced rates are 15% and 7%. Register voluntarily and you stay in for 3 years.
You personally
-
15%
Tax withheld on dividends
Also on interest and royalties paid to you. Tax treaties can lower it.
-
30%
Payments to tax havens
The withholding rate on payments to companies in tax havens.
-
0–15%
Director’s salary tax
0% up to €700 a month gross, 9% up to €1,000, 15% above. A municipal surtax adds 13% of the tax (15% in Podgorica).
Corporate tax bands
| Taxable profit | Tax |
|---|---|
| Up to €100,000 | 9% |
| €100,000 to €1.5m | €9,000 plus 12% of the excess |
| Above €1.5m | €177,000 plus 15% of the excess |
A company incorporated or effectively managed in Montenegro is resident there. If you run the DOO from your home country, that country may also tax it.
How it works
-
Register your DOO
We register your DOO with the CRPS. Government fees included.
You get: Company seal
-
Get a local address
Every DOO needs one in Montenegro. We can provide it in Podgorica.
You get: Podgorica address
-
Get your tax numbers
Issued at registration, so you can invoice straight away.
You get: PIB tax number
-
Open a bank account
We help you open a business account and prepare the bank’s file.
You get: Bank-ready file
-
Stay compliant
Financial statements yearly, tax and payroll returns monthly.
You get: Deadline reminders
What’s included
Fixed one-time prices. Government fees are shown before you pay.
Explorer
$1,199one-time
Montenegro DOO, gov. fees included, address from Go
- CRPS registration
- Tax and statistics numbers
- Company seal
- Compliance reminders
- Email support
Go
$1,599one-time
Montenegro DOO, gov. fees included
Everything in Explorer, plus:
- Year-one registered address
- Bank account help
- 1 consultation
- WhatsApp support
Pro
$2,699one-time
Montenegro DOO, gov. fees included
Everything in Go, plus:
- Temporary residence permit for 1 director
- 3 months of bookkeeping
- Priority support, same-day replies
Then $449 a year from month 13.
Not included: Local address: use your own, or ours from Go. Translation or apostille of your documents.
What you’ll need
- Passport photo page for every member and the director
- Proof of address for each of them
- Two company name choices. We add d.o.o.
- What the company will do, in plain words
- Each member’s share
Banking
- Go includes bank account help. We prepare the bank’s file.
- On Explorer, add bank account help for $199.
Approval is always the bank’s or provider’s decision.
After formation: what’s due
| When | What |
|---|---|
| Every month | Payroll tax and contribution returns, plus VAT returns once registered |
| By 31 March | Corporate tax return and payment for the previous year |
| Every year | Annual financial statements. The financial year is the calendar year |
| Every year | Registered address and filing calendar, in our $449 annual plan from month 13 |
Montenegro company formation FAQs
Can a foreigner own a DOO 100%?
Yes. One member is enough, and our setup needs no local shareholder.
What is the corporate tax rate?
9% on profit up to €100,000, 12% on the part up to €1.5m and 15% above that.
Do I need to register for VAT?
Only once sales pass €30,000 in 12 months. The standard rate is 21%.
How are dividends taxed?
15% is withheld at source, often reduced by tax treaties.
Can a foreigner be the executive director?
Yes, but a foreign executive director generally needs a work and residence permit. Our Pro tier includes one temporary residence permit.
When is the tax return due?
By 31 March of the following year, together with the payment.
Is Montenegro in the EU?
No. Its VAT is separate from the EU system, and the EU lists it on its grey list (Annex II) as of 9 October 2026.
How long does registration take?
1–2 weeks once your documents are ready.
Sources (7)
Rates and fees from official and Big Four sources, with the date each was last reviewed.
- PwC: Montenegro corporate income tax 7 Aug 2026
- PwC: Montenegro other taxes (VAT) 7 Aug 2026
- PwC: Montenegro withholding taxes 7 Aug 2026
- PwC: Montenegro tax administration 7 Aug 2026
- PwC: Montenegro corporate residence 7 Aug 2026
- PwC: Montenegro personal income tax 7 Aug 2026
- KPMG: EU list of non-cooperative jurisdictions 9 Oct 2026
General information, not legal or tax advice. Rates and fees change, and your own situation decides what applies. We are not a law firm; where a lawyer or licensed agent is needed, a local partner handles it.
