Montenegro residency by company formation: how it works and how it is renewed
A company can give you a temporary residence permit as its director. The conditions for keeping it matter as much as the application.
How residency by company formation works
You register a company, you become its director, and you apply for a temporary residence permit on that basis. In practice the director’s permit is a residence and work permit: it lets you work in your own company, which is why it is often searched as a Montenegro work permit. The company is not a formality: it has to run, pay a salary to the director and pay taxes.
Register the company
We register the DOO and prepare the legal address. Remote registration is possible. See the registration timeline.
Prepare the permit file
Passport, criminal record certificate, company and founding documents, a lease for at least one year, a medical examination, medical insurance, a nostrified education document and payment of state fees. See documents and apostille.
Apply in person
For the Montenegro work permit and residence you attend for fingerprints, a photo and address registration. As a rule, the decision takes about 20 days. Family members’ permits are filed afterwards and, as a rule, take about 40 days.
What is checked at renewal
A director’s permit is renewed each year. The conditions to keep in mind:
- Taxes and contributions of about €5,000 paid by the company over the previous year.
- A director’s salary of at least €600 or €800 per month, depending on qualification, with taxes and contributions paid on it.
- Monthly reporting filed on time. Missed filings are a direct risk to renewal.
- An active company. A dormant company does not qualify.
- Housing and insurance kept up to date: a lease of at least one year and valid medical insurance.
Family and permanent residence
After you receive your permit, your spouse and children can apply for residence under family reunification. After five years of continuous temporary residence, you can apply for permanent residence if the conditions have been met each year.
What we do and what we do not do
- Register the company and the legal address
- Prepare and file the permit application
- Keep the books so the conditions for renewal are met
- Give attorney advice or represent you in court
- Guarantee a decision: the authorities decide
- Offer jobs or sponsor work contracts
Last reviewed: 3 October 2026. Conditions change; we confirm the current ones for your case.
Clients on residence through a company
Selected Google reviews. Each review was rated 5.0 by its author.
“They helped me get residence in Montenegro through company registration, everything very fast and convenient, pleasant people and excellent professionals. Residence permit turnkey, from documents in Moscow to receiving documents here. Thank you to the team.”
Mars L.Google review · Translated from original“Competent recommendations on getting a residence permit in Montenegro and opening a company, reasonable prices. Everything worked out. Thank you.”
Irina K.Google review · Translated from original“Thanks to Grigory Seleznev for a quick reply and competent consultation on residence permit and opening an LLC.”
Elena C.Google review · Translated from originalFrequently asked questions
Can I work with a director’s residence permit?
Yes. You can work in your own company and sell your services to anyone.
How long is the permit valid?
A temporary residence permit for a company director is issued for one year and renewed each year while the conditions are met.
What if my company does not trade in the first year?
A dormant company does not pass renewal. The company needs activity and the taxes and contributions that go with it.
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