Residency by company
How our services will help you to Obtain residency in Montenegro through company formation. Montenegro company formation and benefits
Montenegro has become a popular destination for people seeking to obtain residency in Europe. The country’s stunning scenery, welcoming people, and affordable cost of living make it a sought-after location for individuals looking for a better quality of life. One way to obtain Montenegro residency is through company formation, which can be done by registering a Montenegrin company. In this article, we will explain how our services can help you obtain Montenegro residency by company formation, and the benefits that come with it.
Montenegro company formation is a straightforward process that can be completed in a matter of days. It involves registering a limited liability company (LLC), which is a legal entity that can own assets, enter into contracts, and conduct business on its own behalf. The minimum share capital required to register a Montenegrin company is โฌ1, although it is recommended to have at least โฌ5,000 to cover initial expenses. Our company formation services will guide you through the process, helping you to complete the necessary paperwork, obtain a tax identification number, and open a corporate bank account.
Once your Montenegrin company is registered, you can apply for a Montenegro residence permit. A temporary residence permit is usually granted for up to one year and can be renewed annually. After five years of continuous temporary residency, you can apply for permanent residency. Montenegro permanent residency allows you to live and work in the country indefinitely, without the need for a work permit. It also gives you access to public services, including healthcare and education.
In addition to the benefits of Montenegro residency, there are also several advantages to forming a Montenegrin company. Firstly, Montenegro has a corporate tax rate of 9%, one of the lowest in Europe, which makes it an attractive location for businesses. Secondly, Montenegro has an income tax rate of 9%, which is also very competitive. By registering a company in Montenegro, you can take advantage of these favorable tax rates.
Another benefit of Montenegro company formation is that it allows you to invest in real estate in the country. Foreigners can purchase property in Montenegro without any restrictions, and owning property can be a pathway to obtaining Montenegrin residency. Our services can help you to register a Montenegrin company and purchase property in the country.
Our company formation services can also assist you with the annual financial statements and other compliance requirements under Montenegrin law. We can provide ongoing support to ensure that your Montenegrin company remains compliant with all legal obligations.
In conclusion, our services can help you to obtain Montenegro residency through company formation. By registering a Montenegrin company, you can apply for a temporary residence permit, which can be renewed annually. After five years of continuous temporary residency, you can apply for permanent residency. Montenegro permanent residency allows you to live and work in the country indefinitely, without the need for a work permit. There are also several benefits to forming a Montenegrin company, including favorable tax rates, the ability to invest in real estate, and ongoing compliance support. Contact us today to learn more about how we can help you with Montenegro company formation and residency.