The Central Register of the Commercial Court is in charge of business registration. It has an electronic database of registered business entities, contracts on financial leasing and pledges.

Since May 2011 new business entities are able to register in one place any economic activity. A one-counter operating system allows business entities by registering in the Central Registry of Business Entities to be automatically registered in the register of the Department of Statistics , the register of taxpayers and customs payers, the register of payers of value added tax (VAT) and excise taxpayers . With changes in the regulations electronic registration of companies is enabled through the portal www.euprava.me.

Montenegrin law permits the establishment of six types of companies, the most common being: Entrepreneur, Limited Liability Company (d.o.o.), Joint Stock Company (a.d.), General partnership (o.d.), Limited partnership (k.d), and Part of a foreign company.

To register a company in Commercial Court, an Entrepreneur needs to present:

 

Limited Liability Company (d.o.o.)

 

 

Joint Stock Company (a.d.)

 

 

General partnership (o.d.)

 

 

Limited partnership (k.d)

 

 

Part of a foreign company

 



After fulfilling all these requirements, it is necessary to open a bank account.

After that, the company reports to Tax Authority in order to receive a PIB (taxation identification number) and VAT number (Value Added Tax).