Montenegro borders with Serbia and Bosnia & Herzegovina to the north, with the territory of Kosovo to the east, Albania to the south and east and Croatia and the Adriatic Sea to the west. It covers an area of 13,812 km2 and has a population of about 620,000. The country’s capital is Podgorica; some of the other most important cities are Niksic, Bijelo, Polje and Bar, which is the main port.
Its official language is Montenegrin although, given the county’s complex ethnicity, there are minorities that peak other languages such as Albanian, Romany, etc., as well other official languages such as Serbian, Croatian, and Bosnian. 72% of the population is Christian Orthodox, 19% Muslim and the rest are Catholics or other religions.
Its currency is the Euro. The country is divided into 21 municipalities, which include 40 cities, 1,256 towns or populated areas, and 365 local communities. There are no autonomous territorial entities.
Montenegro presented its request to become part of the EU on December 15, 2008, obtaining candidate status in 2010. On July 26, 2012, the European Union agreed to open negotiations for Montenegro’s participation in the EU following the European Council’s go-ahead. Nonetheless, the EU Council underlined in its conclusions that “this country still has to improve its judiciary independence in the fight against corruption and organized crime.”
The government has taken measures for facilitating investments in Montenegro. For example, foreigners can own properties in Montenegro, even though they still can’t own land. There are no restrictions on transferring profits, dividends or interest.
Montenegro has signed an agreement for avoiding double taxation with several countries like Belgium, Byelorussia, Bulgaria, the United Kingdom, Denmark, Norway, Romania, Poland, Russia, Slovakia, Slovenia, Ukraine, Finland, France, Holland, Croatia, Czech Republic, Sweden, South Korea and others.
To open a bank account in Montenegro, all you need to do is get in contact with the Department of Taxes to get a PIB (a tax identification number) and a VAT number to open a bank account.
Central Bank of Montenegro – Centralna Banka Cme Gore
Erste Group Bank is one of the leading financial institutions in the Central and Eastern Europe. With around 46,000 employees, Erste Group Bank serves 16,6 million customers through 2,900 branches. Erste Group was founded on 4 October 1819 as the savi ...
Being a universal commercial bank, our mission is to change Montenegrin economy, as well as the system of values of the overall Montenegrin society, by bringing them closer to European one. It means: to be always one step ahead of others, to recognize and ...
Atlas Bank is one of the leading business banks in Montenegro. It started its business in April 2002 and very soon gained the reputation of a reliable business partner. By operating according high banking standards, ATLAS BANK confirms the reputation o ...
Societe Generale is one of the largest European financial services groups. Based on a diversified universal banking model, the Group combines financial solidity with a strategy of sustainable growth, and aims to be the reference for relationship banking, ...
114 years ago, in 1901, Niksic Saving Bank was founded, as the first bank in Montenegro. It got its name from the city in which it was founded, and which was then writing new and different pages in its history. Beginning of a more progressive society and ...
The Addiko Bank AG is an international financial group, headquartered in Vienna, Austria, which operates six banks, with its principal business nuclei in Croatia, Estonia, Bosnia and Herzegovina, Serbia and Montenegro. The Addiko Bank is the only financi ...
NLB Montenegrobanka its influence owes to active and strategic role in all fields of social development. By implementing our business goals on the basis of tradition and trust, and by responsibly cultivating our business values, we are creating a new imag ...
If you decide to conduct your business via e-banking of Komercijalna Banka, you can use the services of payment operations at prices lower up to 15% than regular! You are in for the first-class banking support: Impeccable dinar and foreign excha ...
The mission of the central bank is to establish and maintain a sound banking system and monetary policy. The Central Bank of Montenegro was established on the basis of the Law on Central Bank of Montenegro, passed by the Parliament of the Republic of M ...
Contact Email: info[at]offshorebanksdirectory.com
Italy: +39 (06) 99335786
Spain: +34 (93) 1845787
Panama: +507 8327893
Panama: +507 8339512
United Kingdom: +44 (203) 6951776
United States: +1 (305) 3402627
Switzerland: +41 (91) 2280356
Customer service from
02:00 - 06:00 (English, Italian, Spanish) 09:00 - 18:00 (English, Spanish)
14.00 - 18.00 (English, Italian, Spanish)
Monday to Friday, Panama time