Montenegro economy briefing: Wage growth in the public sector and other labour market issues
Abstract During the first three months of 2023, favourable trends were recorded on the labour market. Earnings recorded a growth […]
Abstract During the first three months of 2023, favourable trends were recorded on the labour market. Earnings recorded a growth […]
Montenegro citizenship by investment is a program that allows people to obtain citizenship in the country with a significant financial
Abstract In March, Montenegro borrowed EUR 100 million from Deutsche Bank. Compared to previous borrowings, this borrowing is significantly less
Montenegro’s total labor force consists of approximately 250,000 people with almost 50,000 workers, or close to 20 percent of the
Montenegro regained its independence in 2006, and since then, the country has adopted an investment framework that in principle encourages
Montenegro’s Foreign Investment Law, which was adopted by the Parliament in 2011, establishes the framework for investment in Montenegro. The
The Central Register of the Commercial Court (CRPS) is responsible for business registration procedures ( www.crps.me ). The court maintains
Montenegro signed the Central European Free Trade Agreement (CEFTA) in July 2007. The agreement has been signed by seven other
The main law governing foreign investment, the Montenegrin Law on Foreign Investment, is based on the national treatment principle, which
The Ministry of Economic Development, in cooperation with the World Bank Group (WBG), has created an Investment Incentives Inventory, which
In 2004, Montenegro adopted the Law on Free Zones, which offers businesses benefits and exemptions from custom duties, taxes, and
In 2002 Montenegro enacted the Law on Secured Transactions and established a collateral registry at the Commercial Court in 2003.