Closing a company in Montenegro
A dormant company is not a closed company. Here is how a solvent DOO is closed, what has to be settled first and what we do.
Price
Closing a company with us: €350.
Why not just leave the company dormant
A company that is not closed still has to keep its books, file its reports and keep its data in the register up to date. Changes in the registered data are filed within 7 days. A dormant company also does not help a director’s residence permit: renewal needs real activity and taxes paid.
How a solvent DOO is closed
When a company has no debts, its owners can close it by voluntary liquidation. In outline, as described in public legal guides:
Owners’ decision
The owners decide to liquidate the company and appoint a liquidator, usually the director. The owners confirm that the company has no unpaid obligations.
Settle taxes and debts
Taxes, contributions for employees and amounts owed to suppliers and other creditors are paid.
Final accounts
The accounts are prepared up to the closure and the final tax return is filed.
Filing with the register
The documents are submitted to the register, which removes the company from the Central Business Register.
The procedure usually takes weeks, depending on how quickly debts and reports are settled and on the authorities.
What we need from you
- The company’s name and PIB.
- A short description of its situation: activity, employees, debts, bank account.
- Your contact details as the owner or the owner’s representative.
Write to us on WhatsApp and we will say what is needed in your case.
Last reviewed: 3 October 2026. The steps are an outline; the exact documents depend on the company.
Frequently asked questions
Can I close the company if I live abroad?
Tell us your situation. Where a power of attorney is needed, it is prepared in the same way as for registration.
What happens to the bank account?
The account is closed as part of the final steps; we tell you the order for your case.
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
