Business services in Montenegro.
residence permit in Montenegro.
Obtaining a work permit.
If you plan to stay in Montenegro longer than 90 days allowed (30 days for citizens of some countries), you need to apply for a residence permit. This procedure is rather lengthy, consists of several stages, requires the registration of many documents, and presupposes standing in the queues of the institutions of Podgorica, Bar, Kotor, Cetinje. After the police accept your application and related documents, it will take at least 30 days for you to obtain a residence permit for 12 months & ndash; temporary residence permit. If you annually renew your residence permit for 5 years without interruption, you will be able to apply for permanent residence.
The procedure for obtaining a residence permit in Montenegro.
It is important to understand that owning a property does not directly entitle you to a residence permit in the country. The main point in considering applications for a residence permit (residence permit) is a work permit. Obtaining a work permit is not an easy process and involves registering your company for your employment there (registration takes place in Podgorica) & ndash; this is the first stage, or employment in some other firm. You will also need to provide evidence that you have a place of residence in Montenegro & ndash; this is the second step. If you have your own property & ndash; you will need to provide a certificate of ownership (& laquo; List Nepokretnosti & raquo; in Montenegrin) in your name. If you do not have one, & ndash; then you need a contract for the rental of the property in which you reside. You will also need an extract from the bank in Montenegro about the status of your bank account to show that you have certain funds (quite a few hundred euros). After that, you have to apply to the employment office in Montenegro, which is located in the city of Bar, to apply for a work permit. And, finally, when you get a work permit in Montenegro, you can apply for a residence permit to the local police department. If your documents are accepted, you will most likely receive a residence permit in the country within 12 months after 30 days.
Registration of a company in Montenegro.
Being a business owner in Montenegro is also not an easy task, especially if the firm does not make a profit and is registered only for the purpose of obtaining a residence permit. Even a company that exists only formally and does not lead activities requires attention and cost. You will need to hire an accountant and pay salaries plus social security contributions, health insurance, etc., monthly and to each employee of the firm, and also to renew the registration of the company every year. Each year, your minimum costs for a firm consisting of two employees (director and secretary) will be approximately 1900-2000 euros.
Registration of a limited liability company will cost � 550 (including legal services and all related costs).
We will be happy to help you with your residence permit & ndash; Residence permit in Montenegro. Our services cost 1130 euros. This amount includes the registration of a company in Montenegro in your name, obtaining a work permit and submitting documents for a temporary residence permit. Also included are related costs and government fees.
Please email us for more details.
These links will be helpful if you want to know more about doing business in Montenegro, about legislation, obtaining a temporary and permanent residence permit, obtaining work permits and hiring foreigners for work in Montenegro: