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 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. 

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