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http://www.companyformationmontenegro.com/ offers this presentation to its clients who want to set up a company in Montenegro. CompanyFormationMontenegro is a division of http://bridgewest.eu/ Bridgewest is an international company with a big experience in company formation in Europe and other jurisdictions. Please contact us for more information at office@bridgewest.eu
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How to set up a company in Montenegro
A presentation brought to You by BridgeWest.eu
Company Types in Montenegro
• limited liability company
• joint stock company
• general partnership
• limited partnership
• sole trader
Limited Liability Company
• The minimum share capital is 1 EUR
• The company can be established by at least one member and maximum 30
• The decisions are taken by the General Meeting of the Shareholders.
• The directors should be appointed by this meeting
Joint Stock Company• The minimum share capital is about of 25.000
EUR
• The minimum share capital is divided in stocks
• The company must be established by at least two members
• The general meeting should appoint a board of directors and an auditor to check up the company's books
General Partnership
• This type of company can be established by at least two partners
• There is no minimum share capital required
• The partners are liable to company's debts and obligations
Limited Partnership
• The company can be established by at least two partners
• The company do not require a minimum share capital to be established
• There is two types of partners general and silent partner
Sole Trader
• The company can be established by at least one person
• The person is fully liable for company debts and obligations with his own properties
Steps for company registration in Montenegro
• Providing the company’s denomination
• Providing a set of identification documents
• setting-up a the bank account for the share capital
• submitting the registration documents with the Company Registry in Montenegro.
Necessary documentation and information
• providing utility bills as proof of address
• providing passport copies of the shareholders and directors
• setting-up a bank account for the injection of the share capital
• submitting the company registration file with the Company Registry in Montenegro
Requirements for Company Formation in Montenegro
• Any person of any nationality or residence can be a shareholder in a Montenegrin company
• The Board of Directors can be comprised of one member
• The company must hold a local registered office
Services Provided for Company Registration in Montenegro
• drafting the Articles of Association
• offering a Registered Office in Montenegro
• setting up a share capital bank account
• recommending an Montenegrin accountant
Thank you for your attention
Please contact us for more information at
office@bridgewest.eu
www.companyformationmontenegro.com
Ph./Fax: (+44)203-287 0408
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