• Capital City: Podgorica
  • Population: 622.781 (2016 est.)
  • Currency: Euro (EUR)
  • Calling Code: +382
  • Government: Republic
  • Legal system: Civil legal system based on Roman law
  • GDP per capita: 7455.33 US dollars in 2016
  • Climate: Temperate, mild wet winters, hot dry summers



  • Montenegro’s economic growth has been strong in recent years, fuelled by a growth in new investment. Since obtaining independence from Serbia in 2006, Montenegro has received more foreign investment per capita than any other country in Europe;
  • Montenegro was positively ranked as the 70th freest economy in The Heritage Foundation’s 2013 Index of Economic Freedom, a measure of freedom enjoyed in business, trade, monetary, financial, investment and labour markets. Montenegro was rated just above the world average due to low tax rates and relatively free trade;
  • Montenegro is positively ranked as the 67th most competitive economy in the world in the Global Competitiveness Report 2013 – 2014;
  • Opening international corporate bank accounts for Montenegro companies is straightforward with many advantages to the investor. Callamus works with internationally recognized banks to provide corporate bank account services in Montenegro.
  • A Montenegro Limited Liability Company (LLC) is the most common type of company.

A Montenegro LLC can be entirely foreign owned with no restrictions, requires only a single shareholder and has a minimum capital requirement of only €1.

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