Accounting services in Montenegro for foreign-owned companies
Accounting in Montenegro for foreign owners: bookkeeping, payroll, tax returns and annual statements by a licensed accountant in Montenegro, from our Budva office.
What accounting services in Montenegro include for your business in Montenegro
- Bookkeeping of invoices and transactions each month.
- Monthly reports and payment of taxes and contributions.
- Payroll, including the director’s salary.
- The annual financial statements and the tax return, due by 31 March.
- Reporting prepared so that a director’s residence permit can be renewed.
Price
From €70 + VAT per month. The final price depends on the number of operations. The annual report costs about as much as one month of accounting. Tell us how many sales invoices, purchase invoices and bank transactions you expect, and we give a quote.
Obligations to keep in mind
| When | What |
|---|---|
| Every month | Reports and payment of taxes and contributions; payroll. |
| By 31 March | Annual financial statements and the tax return. |
| Within 7 days of a change | Changes to the company’s registered data are filed to the register. |
| When turnover reaches €30,000 in twelve months | VAT registration becomes mandatory. |
| Every year | Director’s permit renewal, with about €5,000 in taxes and contributions paid over the previous year. |
Who we are
Nero Azzurro d.o.o. is a licensed accounting firm: certificate OR-99/19 of 26 December 2019, issued by the Institute of Accountants and Auditors of Montenegro (Institut računovođa i revizora Crne Gore). We register companies and keep their books. We do not give attorney advice.
Last reviewed: 3 October 2026. Prices and deadlines change with Montenegrin law.
A client on tax calculation
Selected Google reviews. Each review was rated 5.0 by its author.
“I asked for a consultation on calculating taxes for a business. They quickly and correctly explained the specifics of the tax system and prepared a tax-burden calculation based on the data I provided. 10 out of 10, recommended.”
JohanGoogle review · Translated from originalFrequently asked questions
How much does accounting cost?
From €70 + VAT per month. The price depends on the number of operations; we give a quote once we know how many invoices and transactions you expect.
Does accounting affect my residence permit?
Yes, for a company director. The permit is renewed only if the company has paid about €5,000 in taxes and contributions over the previous year, pays the director’s salary and files its reports on time. Regular accounting is how those conditions are met.
When must I register for VAT?
When your turnover reaches €30,000 in twelve months. Earlier registration is voluntary.
When are the annual financial statements due?
By 31 March. The annual report costs about as much as one month of accounting.
Are you a law firm?
No. We are a licensed accounting firm. We do not represent clients in court and do not give attorney advice.
Talk to a licensed accountant
Write to us on WhatsApp: tell us your situation and we will say which route fits, what it costs and what we need from you.
Budva: Filipa Kovačevića 41, Budva, Montenegro
Podgorica: ul. 8 Marta bb, Podgorica, Montenegro
Visits by appointment
+382 68 515 555