Montenegro, foreign trade zones/free ports/trade faciliation
In 2004, Montenegro adopted the Law on Free Zones, which offers businesses benefits and exemptions from custom duties, taxes, and […]
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.
The acquisition and disposition of IPR are protected by the Law on the Enforcement of Intellectual Property Rights, which entered
The banking sector in Montenegro is fully privatized with 11 privately owned banks operating in the country. The banking sector
According to Central Bank of Montenegro, the banking sector remained solvent and liquid. Total bank assets amounted to EUR 5.33
During 2022, a constant increase in prices was observed. During the first eleven months of 2022, the average inflation rate
In 2022, the economy of Montenegro records a relatively high rate of real GDP growth. In the first three quarters,
Budget revenues in the first three quarters were higher by 8.5% compared to the same period of the previous year,
Franchising The business climate is hospitable for the franchising business model in Montenegro. Various reports assess Montenegro as a growing
Distribution & Sales Channels The Foreign Trade Law adopted in 2004 decreases barriers for doing business and executing foreign trade
In support of its successful efforts to gain accession to the World Trade Organization (WTO), Montenegro implemented significant trade policy
Construction is one of Montenegro’s key economic growth sectors. It offers opportunities for companies in luxury properties, holiday real estate,