Montenegro is a fairly young country and many DTTs and legal instruments do not exist (yet) and/or are (partly) applied from former Yugoslavia.
However, Montenegro pushes towards becoming a member of the European Union and therefore emphasizes stability and safety of its legal and economic system.
Furthermore, Montenegro’s tax system offers a variety of benefits, which can be taken advantage of in an international company structure.
However, since company formation is also a rather new business for Montenegro, certain procedures take comparatively longer than elsewhere and “virtual offices” and “nominee” shareholder and/or director are quite unknown.
For individual assessment of establishing a company in Montenegro please contact us via telephone or email.
For information on Austrian shelf companies (Vorratsgesellschaften/Mantelgesellschaften) please see the information on our website.