MONTENEGRO  RESİDENCY

    
New Life in Montenegro ,
establish a company , get your residency and work permit

It takes 21 days to establish a company and get work and residency permit within 21 days after establishing a business in Montenegro...
Before entering the EU, you will benefit from Residence and work permit, rights to buy, sell or rent realestate. Rights to conduct all legal business activities and services from financial institutions.
İmmunity from all legal regulatory changes regarding immigrations status after the admittance to EU.
Why Montenegro...

It is undisputable that Montenegro is one of the rare countries with plenty of reasons for foreign investors to decide to expand their businesses into. From strategic and logistical position to low corporate tax, lower general expenses and untapped potential, it is a dream-come-true for smart investors. Below are only some of the reasons why you should consider investing in or starting your business in Montenegro: The growing Montenegro is a paradise for foreign investors; The attractiveness of the 9% Corporate Tax allows for international trade, as well as higher total income; Montenegro will soon become a member of the European Union; The official currency of Montenegro is Euro; The number of profitable opportunities will decrease after obtaining the European Union membership; There are no visa requirements except for a few countries, no visa is required for Turkish citizens; There are no legal limits to establishing a company for foreigners; Through company establishment and/or investment the investors are granted the opportunity to apply for business and residence permit; Companies established by foreigners have equal rights as those established by the citizens of Montenegro; All economy branches are open to investments whereas many are supported by the government through incentives towards investors.

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Rights and Obligations of the foreign İnvestors...


What are the rights and obligations of the foreign investor?
Through investment, the foreign investor has the right to take part in the operation and/or management of the company and to take all its investment and capital back. The foreign investor is entitled to the benefits secured under the internal law. The investor is obliged to respect the laws of Montenegro, which are favorable towards investors.
Are there any obstacles for foreigners to buy property in Montenegro?
Foreigners have the right to buy property under conditions which are the same for the citizens of Montenegro, with the valid identity document. However, according to the Law, a foreigner cannot own forests, forest ground and agricultural land bigger than 5000 m2, cultural monuments of importance, property which is 1 km away from the border, islands, natural riches and goods which are in public use.
 What is Montenegro’s tax system like in relation to foreign investments?
The tax system in Montenegro is the same for foreign investors as for the domestic companies and businesses. The types of taxes which are paid are: · Corporate tax (9%) (which is among the lowest in the world) · Personal income tax (9%) · Value added tax (19%, 7% and 0%) · Real estate taxes (0.10% to 5%) · Social security contributions ·
Excise, fees and customs What types of businesses are excluded from paying tax on construction material and furnishing?
As an incentive to the investors, the government of Montenegro removed the tax on construction for the 5***** or more stars hotels, energy power plants for the production of electric current of power greater than 10 MW and C group of food products manufacturing for the investments higher than 500.000€. Additionally, there are tax reductions for hotels of 4**** and more stars ranging from 30% to 70%. What are other reasons for investing in Montenegro?
Being that Montenegro is on its way to join the European Union this is the perfect time to think about investing in business or property. Once Montenegro enters the European Union great opportunities for investment will be harder to find, while those who had established their position in time will reap the benefits that the membership in the EU brings. Furthermore, Montenegro has recently become a member of NATO which grants further stability and safety for foreseeable future...