09.07.2011 – Sat









A question / an answer

1. Do you meet a representative of your company me at the airport, if I want to come and inspect properties in person?

Yes, of course. Our staff will pick you up and drive back to the airport.

2. Can your company find me the necessary administrative staff when I buying businesses - a restaurant or a hotel? "Yes,we can.

Our company will pick up the administrative staff and employees on the system out staffing, if necessary.

3. Can an individual person  buy property in Montenegro?, or Do I need to draw up a purchase by a legal person?

It’s possible a purchase of real estate by company and the individual. There are different procedures for re-registration and registration in the cadastre.

4. Will I have a residence permit when I buying a property? Do you help me in this question,if it isn’t?

Our company provides services to obtain a residence permit for foreigner regardless of residence status.

5. How much will cost the quarterly accounting services of company?

The cost depends on the type of activity and workload. The average amount is 400 euros.

6. What is the minimum price for  per square meter  of urbanized land in the sea?

The cost of land from the sea depends on the location of the site on the bay or the open sea, from sea view and distance to it, on the availability and type of the beach, the state of infrastructure.

The price for per square m is from 50 to 3500 euro.

7. How many days is granted a residence permit and how can it extend?

The residence permit is valid for 8 and 12 months. Our company helps to extend the residence permit.

8. How can I obtain a work permit to foreigners, the citizens of Russia in particular?

There are various schemes to obtain a work permit - the opening of his company, the device to work in a local company, etc. Our company provides an assistance in this matter.

9. Do you help in resolving the issue or question related to incorrect paperwork, titling  to the property?

Our company specializes in solving such problems.

10. How much time is required for registration of documents, associated with acquisition of real estate?

The paperwork for the transfer of ownership takes one working day, and the re-registration is 30 days in the cadastre of the Act

11. What is the minimum amount of share capital during the registration of the company?

The minimum capital is 1,00 euros.

12. What is the rate of annual land tax?

0,2% of the contract for the purchase of land.

13. Do you arrange a permission to building  a house?

We provide a full range of services in registration and licensing of project documentation for building.

14. Does the offshore zone regime in Montenegro?

The country entered the european financial reporting standards, and the offshore regime virtually eliminated in connection with the intention of Montenegro to join the EU. Only a few previously registered firms can maintain an offshore financial regime. Our experts provide professional advice on this matter.

15. Can your company to verify the acquired property for the "purity"?

Our experts check ownership of some  property owner, receive information about the presence of the object of disputes, liens and other encumbrances. Our company can provide a legally sound recommendations on the acquisition of this property If you have the necessary documents.

16. Should the construction of private homes to apply for urban specifications?

An application for an urban-technical conditions must necessarily apply with some building.

 It is necessary to conduct the study area If the area is not covered in detail the urban development plan. Our company specializes in solving such questions.

17. As for how much you can extend the registration of the company in Montenegro?

You must register with the Central Industrial actors in Podgorica to renew the registration of the company. An affidavit shall be filed by you or another person in trust for a month before the deadline, otherwise you could be fined up to 1000 euros.

18. Is there a limit on the value or quantity of goods for personal use for free entry into Montenegro, for example, from Bosnia or Serbia en route transit?

The products and goods that have no commercial purpose and located in the baggage enters, are exempt from VAT (tax). However, what is considered a personal baggage shall in each case and depends on the length of trip, the type of person’s  job  and the season.

19. Do I have to pay tax again on the turnover of real estate, if the property is transferred from the owners of the company to them the same, but as individuals, following the closure of the company?

The tax must be paid - 3% If a change of ownership of real estate. The  other ways to solve the problem in some cases. Our company helps to solve such problems optimally.

20. Can I get a seasonal work permit in Montenegro and how to do this?

You must  find an employer  who will employ you, at first. Our company can help in this moment.

Then, the employer must submit an application to the Bureau of Employment and pension fund.