Company Formation in Montenegro
One documented route of this kind in Montenegro, with its conditions, documents, official government fees and process.
Residence via Company Formation / Ownership (November 2025 rules)
Residence for foreigners who form or own a Montenegrin company. The November 2025 amendments require executive directors / majority owners to employ at least 3 staff (2 Montenegrin nationals) and meet tax thresholds.
- Processing time
- Personal work permit within 30 days; temporary residence within 40 days
- Validity
- Up to 1 year per cycle, renewable
- Language requirement
- None for the permit
- Permanent residence
- Counts toward 5 continuous years (genuine activity required)
- Citizenship
- Counts toward the ~10-year naturalization period
Requirements
- Registered Montenegrin company (CRPS) with the applicant as executive director or >51% owner
- At least 3 employees, 2 of whom are Montenegrin citizens in full-time roles (within 180 days)
- At least EUR 5,000 annual taxes/contributions for renewal (per legal reporting)
- Personal work permit
- Standard set: valid travel document, means, accommodation, health insurance, clean record
Required Documents
- CRPS company registration extract showing director/ownership status required
- Proof of employment of 3 staff (2 Montenegrin citizens, full-time) required
- Personal work permit required
- Valid travel document, proof of means, accommodation, health insurance required
- Clean criminal record (apostilled/translated) required
Official fees
- Residence/work permit 60 EUR
- Permit form/card 5 EUR
- Application/request administrative stamp 2 EUR
Process Steps
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1
Form company
Register the company in the CRPS as director or majority owner.
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2
Hire staff
Employ at least 3 staff (2 Montenegrin nationals, full-time) within 180 days.
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3
Work permit
Obtain a personal work permit from the Employment Bureau.
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4
Residence application
Apply for temporary residence on the business ground at MUP.
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5
Renewal
Renew at least 30 days before expiry; maintain employment and at least EUR 5,000 tax compliance.