1. Luxury Coastal Development

The Adriatic coastline — Budva, Tivat, Kotor, Herceg Novi, Bar — is packed with new:

• Hotels and resorts

• Holiday apartments and villas

• Marina expansions

• High-end residential complexes

Foreign investors from Europe, the Middle East, and the UK are fueling demand for new builds and major renovations.

2. Infrastructure & Public Projects

Montenegro continues to invest in:

• Roads, tunnels, and bridges

• Energy infrastructure

• Public buildings

• Logistic and port upgrades

These projects require contractors with real experience and the ability to scale.

3. Rising Expat Communities & Foreign Buyers

More foreigners are:

• Moving to Montenegro

• Buying property

• Renovating old stone houses

• Building personalized villas

These clients often prefer foreign-run construction businesses due to communication, reliability, and Western-style project management.

Montenegro simply does not have enough:

• Electricians

• Plumbers

• Carpenters

• HVAC technicians

• Tilers, painters, masons

• Finishing crews

• Renovation specialists

• General construction workers

This shortage increases wait times and reduces local capacity — meaning foreign companies who bring organization, consistency, and professionalism become top choices very quickly.

1. Easy Market Entry

Foreigners can own 100% of a Montenegrin company (DOO).
No local shareholder required.
No heavy capital requirements.

2. Lower Operating Costs

Compared to Western Europe:

• Labour is cheaper

• Office and storage rents are lower

• Equipment and materials are more affordable

• Taxes are moderate

This allows solid profit margins.

3. Fast Reputation Building

With a shortage of skilled trades, word spreads quickly when a contractor:

• Shows up on time

• Communicates clearly

• Works cleanly and professionally

• Keeps timelines and budgets

Foreign-run construction companies routinely outperform expectations simply by maintaining standard Western professionalism.

Step 1 — Choose the Right Structure

The two main options:

DOO (Limited Liability Company)

• Foreigners can own 100%

• Minimal share capital (even €1)

• Ideal for hiring employees

• Safer liability protection

• Best for bidding on larger projects

Sole Proprietor (Preduzetnik)

• Easy to register

• Lower obligations

• Better for small, one-man trades

• Not ideal if you’re scaling or hiring

For serious construction work, DOO is always the better choice.

To register a DOO, you need:

• A company name

• A registered address

• Passport copies of owners

• Articles of association

• Montenegrin bank account

• Share capital deposit (symbolic)

After registration, you’ll receive:

• Company registration certificate

• Tax registration

• Official activity codes

Relocation Montenegro handles all of this for you.

Montenegro requires specific activity codes for:

• General construction

• Engineering

• Specialized trades

• Renovations

• Electrical and mechanical installations

• Architectural or technical supervision

Some activities require:

• Licensed engineers (“responsible persons”)

• Certified technical staff

• Health & safety compliance

• Technical documentation standards

We map out exactly which licences you need based on your services.

Once formed, your company must:

• Register with the Tax Administration

• Pay progressive corporate tax (9–15%)

• Register for VAT if you exceed the threshold

• Report payroll taxes and contributions for employees

Many foreign businesses outsource tax and accounting to avoid errors.

Montenegro allows companies to hire:

• Local workers

• Foreign workers (with proper permits)

Foreign workers need:

• Temporary residence permit

• Work permit or combined permit

• Employment contract

• Health insurance

• Registration in the social security system

There are annual quotas for foreign workers, but construction consistently receives one of the highest allowances.

Once you’re fully legal, you can begin bidding on:

Private Projects

• Villas

• Apartments

• Renovations

• Resorts

• New commercial builds

Foreign-owned Properties

These clients often prefer foreign-run companies due to communication and reliability.

Public Tenders

Montenegro’s public procurement system allows DOOs to bid on:

• Municipal projects

• Infrastructure

• Government renovations

• Specialized works

Construction is AI-resistant

Physical trades will remain in demand long after many white-collar jobs are automated.

Tourism remains Montenegro’s core industry

More tourism = more development.

Foreign buyers are steadily increasing

Demand for renovations and custom builds won’t slow down.

You can become “the reliable foreign contractor” quickly

Reputation scales fast in a small market.

We provide a full end-to-end setup:

Company Formation

We handle:

• DOO registration

• Legal address

• Bank account assistance

• Structure planning

Construction Licensing

We manage:

• Activity code selection

• Construction licence requirements

• Connections with licensed engineers

• Compliance with new regulations

Residency & Work Permits

We assist with:

• Hiring plans

• Work permit processing

• Bringing in foreign staff

• Maintaining compliance

Accounting & CFO Services

We provide:

• Monthly accounting

• Payroll

• Tax planning

• Cash-flow strategy

• Financial optimization

Growth & Bidding Strategy

We help:

• Connect you with developers and investors

• Prepare for tenders

• Position your brand for the Montenegrin market