Residence permits and accounting
Over 2,000 residence permits successfully granted, with support from the first step to the final decision. With Milmar Consulting you go through the whole process without worrying about it.
Contact- 2,000+ residence permits
- 400+ clients
- 98% applications approved
- 15+ years of experience
Services
Our speciality
Residence, visas and work permits for foreign nationals
This is not a side service — it is our speciality. For years we have worked with foreign nationals who need residence, a visa or a work permit in Montenegro.
- Temporary residence and work permit based on employment — price from 350 €
- Temporary residence and work permit for an executive director of their own company — price from 450 €
- Extension of a temporary residence and work permit — price from 300 €
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- Temporary residence based on property rights in Montenegro
- Temporary residence for family reunification
- Permanent residence after five years of continuous stay
- Short-stay visa (C) and long-stay visa (D)
- Registration of your address within 24 hours of arrival
- Obtaining, translating and certifying documents
- Representation before the Ministry of Interior until the decision
Company registration, corporate changes, branch of a foreign company
Registering a d.o.o. (LLC) costs 250 € with all state fees and takes 5 working days.
- Setting up a d.o.o. (LLC), a sole trader or a general partnership — price from 250 €
- Registering a branch of a foreign company in Montenegro
- Filing changes with the CRPS company register: address, executive director, owner, activity
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- Registration of separate business units
- Changes to share capital and founding act
- Corporate changes: merger, acquisition, division
- Liquidation and removal from the register
Licences, permits and operating approvals
Some activities may not start without approval. We check which one applies to you and obtain it.
- We check what approval your business activity code requires
- We obtain licences and consents from the competent authorities
- We enter the activity in the CRPS company register
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- Renewal and extension of existing licences
- Representation in the procedure until the decision
Public procurement and tenders
We prepare the bid so it passes the formal check. The submission deadline does not move.
- We track calls on the public procurement portal (CEJN)
- We check the eligibility conditions in the tender documents
- We obtain the certificates the tender requires
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- Preparation of the financial part of the bid
- Tracking deadlines for clarifications and submission
HR services and payroll
We register and deregister employees and run the payroll.
- Registration and deregistration of employees
- Payroll for employees and the executive director
- Employment contracts, annexes and termination decisions
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- Sick leave and maternity leave pay, including state refunds
- Service contracts, copyright contracts and supplementary work contracts
- Annual leave decisions and employee records
Accounting and bookkeeping
We keep the books and prepare the annual financial statements. The filing deadline is 31 March.
- General ledger and journal
- Annual financial statements and the corporate income tax return
- Customer and supplier ledgers
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- Inventory and materials accounting
- Fixed asset register and depreciation
- Cash desk operations
- Statutory records of goods turnover
- Interim financial statements
Tax services
The VAT return is due by the 15th of the month for the previous month. We file it.
- VAT calculation and the books of issued and incoming invoices (KIF and KUF)
- Electronic filing of all tax returns
- Representation before the tax authority and attendance at audits
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- VAT registration once turnover passes the 30.000 € threshold
- Corporate income tax
- Personal income tax for individuals and sole traders
- Tax planning
Administrative and financial services
We issue and fiscalise invoices and handle your payments.
- Issuing and electronic fiscalisation of invoices
- Payments through e-banking
- Documents for loans, guarantees, leasing and subsidies
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- Financial analysis and management reporting
- Set-off, assignment and cession agreements
- Company by-laws: labour rulebook and accounting policy
- Travel expense orders
Non-residents and cross-border business
Dividends, interest and fees paid to non-residents carry withholding tax. We check what applies to you.
- Tax number and registration for foreign companies and individuals
- Withholding tax on dividends, interest, royalties and consultancy fees
- Applying double taxation treaties
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- Certificates of tax residence
- Appointing a VAT representative for non-residents
- Taxation of property rented out by a non-resident owner
- Filing income a non-resident earns in Montenegro
Liquidation and bankruptcy
A company does not close by ceasing to trade, but through a completed procedure and removal from the CRPS. We handle the paperwork through both.
- Voluntary liquidation: liquidation balance sheet and removal from the CRPS
- Determining tax liabilities when a company is wound up
- Filing claims in bankruptcy proceedings
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- Withholding tax on the distribution of liquidation surplus
- Preparing the file for a bankruptcy petition
- Handing the books and records over to the bankruptcy trustee
- Writing off bad debts and their tax treatment
- Deregistering a sole trader and removal from the CRPS
What clients ask us
These timings come from practice, not from a guarantee.
How much does bookkeeping cost per month? Prices start at 100 € a month. The final figure depends on the workload: the number of incoming and outgoing invoices, the number of employees and whether you are VAT-registered. After a short conversation about how your company operates you get a fixed monthly price — no extra charges and no hourly billing.
How long does a residence permit take? With us, usually 14 days. The statutory deadline for a decision is 40 days from a complete application.
How do I register a company in Montenegro? All we need from you is a power of attorney — we handle the rest. We draft the incorporation documents, file them with the CRPS, obtain the tax number and follow the procedure through to the decision. You do not have to visit any counters or be in Montenegro during the process.
How long does it take to register a company?
Five working days. A d.o.o. (LLC) costs 250 € with all state fees.
Can I own a Montenegrin company as a foreign national? You can. Foreign nationals may be one hundred per cent owners of a Montenegrin company, on the same terms as residents. A large share of our clients are foreign founders, so we run the whole procedure remotely and in the language that suits you.
What does an employee cost me in total? It depends on the salary. On the minimum wage, taxes and contributions come to about 80 € a month — that is what you pay on top of the net salary. Send us the net salary you plan to pay and we will calculate the exact total monthly cost, including transport and meal allowances if you provide them.
When do I have to register for VAT? The obligation arises once you pass 30,000 € in turnover. We track your turnover through the year and tell you before the threshold is reached. You can also register voluntarily — in some lines of business that pays off, and we will tell you what makes sense in your case.
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How long does the application itself take?
One day. You spend about two hours with us.
Can a company be registered in one day?
It can.
How long does closing a company take?
30 days and more. Liquidation takes longer than registration.
How do I move to you from my current bookkeeper? Book a consultation and bring your electronic token. At the meeting we take over the documentation, check what condition the books are in and agree from which month we take over. You can switch at any point during the year.
How do I send you the paperwork? Three ways — online, in person at our office, or through our courier. Most clients simply send scanned or photographed documents, so they never have to come in.
Do you work with companies that have no revenue yet? We do. Newly founded companies and dormant ones have the same statutory obligations — filings, records and annual financial statements. The workload is smaller in those cases, which we take into account when setting the price.
What languages do you work in? Besides Montenegrin, we work in English, Russian and Turkish. You deal with us directly, without an interpreter, and you get explanations of your tax obligations in a language you understand.
Do you represent me before the Revenue and Customs Administration? We do. We file returns, deal with officials and respond to requests. If you receive a decision, a request for additional documents or notice of an inspection, contact us straight away so we can act within the statutory deadline.
About us
Behind Milmar Consulting there is over 15 years of experience.
Over 400 clients and more than 2,000 residence and work permits. Most of the companies we look after were founded by foreign nationals, so we take them from the visa and registration through to the monthly books. In four languages.
We do not control the authorities' deadlines. Everything else we do control.
Call us
Rovačka bb, Podgorica. Weekdays 8:00 AM – 4:00 PM. +382 69 517 777.