Reasons to start a business in Montenegro

Montenegro has a very favorable tax system. Procedure for the company set up is simple and efficient. Foreigners can start a new business under the same conditions as the local population. The Government of Montenegro supports any foreign investment through various programs and subsidies.
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Reasons to start a business in Montenegro

• Economic stability
• Legal framework for investments reformed in line with the EU legislation
• Favorable tax policy
• Simple START UP
• Liberal foreign trade regime
• Status of foreign investors
• A set of incentives offered at the national level, in a form of tax exemptions for investments in the northern part of the country and in newly established business zones
• Investment incentives and subsidies given at the local level in a form of utility fees exemptions, favorable land rental/leases and price reduction of property tax rate
• Developed telecommunication infrastructure
• 44 double taxation agreements have been established