Welcome to MONTENET the window with a view of MONTENEGRO
index of montenet 
Idex of the Economy of Montenegro
Economic Development of Montenegro
Montenegro,  an Ecological State
Uniqueness of Montenegro
Montenegro, an Off Shore State
Montenegrin Stock Exchange
Economy of Federal Republic Yugoslavia
Addresses in Federal Republic Yugoslavia
Foreign Investment and Companies Law
Montenegrin Industrial Restructuring and Foreign Investment Agency
BE ECOLOGICAL- Invest in Montenegro
Investment Possibilities: TOURISM
Investment Possibilities: WATERS
Investment Possibilities: AGRICULTURE
Investment Possibilities: INFRASTRUCTURE

According to the Law on companies established and operating under special conditions passed in July 1996, the offshore companies can be established as: 

  • Company with limited liability
  • Joint-stock company
Offshore companies can be established also as anonymous companies. Company with limited liability can be founded by one or more founders and an joint-stock company by at least two founders. The minimal amount of the founders capital is $ 1.000 for the company with limited liability, and $ 10.000 for the joint-stock companies. Offshore companies are registered within 10 days. 

Offshore companies established in Montenegro can carry out international trade, provide managment services, consulting services, ships and yachts administration, banking and insurance services... 

Offshore companies can export products and services from FR Yugoslavia. These companies can produce films, music records and compact discs in Montenegro. Offsore companies can invest in Montenegro with consent of the Government of Montenegro.  


Offshore companies registered in Montenegro are subject to profit taxation at the rate of 2.5%. These companies are exemted from the exchange control. They do not pay taxes and custom on duties on imported equipment and items for their activities (cars, yachts, ships, technical appliances,furniture). Tax provisions and other incentives regulated by this Law are guaranted by the year 2011. 

Offshore companies employee emoluments are taxed at the rate of 5%. On the investment income and on other incomes made outside FR Yugoslavia, qualified individuals pay the tax at the rate of 5%. 

Qualified individual pay tax on the pension received from abroad at the rate of 2%.  

Qualified individual does not pay tax custom duty on the imported cars, yachts, household equipment, technical appliances and furniture for personal use or for the members of his family use. 

Address: Bulevar revolucije 1, Podgorica, Montenegro, Yugoslavia

Tel. +381 81 45 994, Fax. +381 81 42 825 

A copy of the Additional Decree of Balsa II Balsic issued November 20th 1395
The oldest legislative document of the Zeta state (later Crna Gora-Montenegro) was issued on January 17th 1368. The facsimile here enclosed is a copy of the Additional Decree of Balsa II Balsic issued November 20th 1395.
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Montenet 1997 
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Last updated  August 1997