Lilinvest.com

Registration of Legal Subjects

Registration of legal subject service includes:

1. Overall counseling during the whole procedure
   • Choice which legal form would be most valuable and favorable to create (sole proprietorship, partnership, limited liability corporation, publicly listed corporation)
   • Defining predominant activity and all other activities in the company
   • Choosing the right name of the company and checking if the name is available
   • Information about fixed costs of running a business: income taxes, obligatory social contributions of founders and managers etc.
   • Employment of workers: types of employee contracts, employer’s obligations
   • Information about status of foreign person in registration of legal subject
   • Answers to all other questions regarding future business operations
2. Founding documents for company, statute, creation and authentication in court
3. Obtaining confirmation of registration in Central Register of Commercial Court in Podgorica
4. Creation of stamp
5. Creation of application and obtaining TIN (taxpayer identification number) and VAT number in Tax Administration
6. Opening bank account

In most cases, we will only need Owner’s (Founder’s) and Manager’s ID card or Passport.
Completion of the overall process of registration can be expected in one week, with possibility of prolonging in dependence of Central Register of Commercial court and Tax administration.

After the completion of registration, registration of fiscal cash register is done (if necessary) as well as acquiring the license to work from municipal authority. After that we offer you accounting services that include overall bookkeeping as well as many other services in various areas.