Company incorporations
The complete procedure for a company incorporation takes typically up to 5 working days, depending on type of legal entity, complexity of ownership structure and activity codes. Optionally remote incorporations can be provided in an efficient and fast way.
Accounting & tax compliance
Our qualitative certified accounting and tax advisory services include liability insurance coverage where needed. Our dedicated team is working with Single-Point-of-Contact (SPoC) principle for an ultimate professional service experience.
Work & Residence permits
As the largest provider on the market, we offer a comfortable end-2-end assistance for immigration processes of individual foreigners, expat families as well for large cooperation's up to 100 new employees per day.
VAT compliance
Ekonomik Accountants provides accurate adherence to regulations established by tax authorities concerning the Value-Added Tax. Standard monthly recurring VAT compliance as well as complex refunding services are provided.
Non-resident services
We can act as tax representatives for foreign, non-resident companies which can be provided to A-level companies to ensure local presence to state, tax authorities, local banks and other relevant on the ground duties to remain compliant with local regulations.
Certifications & licensing
We assist in application processes for each type of business license companies might require to execute on specific activity codes for construction and development, banking, tourism, energy, ecological projects and various other industries.
Payroll management
Payroll management compliance can be provided as an integral service in combination with our accounting services, or contracted as separate service when outsourcing of monthly payroll is preferred by the clients' business model.
Registered office services
Legal registered address for Montenegrin entities as required by law can be provided by our firm when no physical company address is owned or leased by the client and can be utilized as your official registered business address in Montenegro.
Reporting services
Our extended services include the utmost precise corporate reporting including but not limited to extensive balance sheet reports, P&L sheet, gross balance sheet, cost/income report, cash flow statement and various other reporting requirements.
We standardly work with Pantheon ERP Accounting software and Pantheon Weblight intergration for all clients, as the most secure and quality accounting software solution on the market. We apply Single-Point-of-Contact principle and secure internal process rules books. We comply with NOCLAR (Compliance with Laws and Regulations) and IFAC Quality Control Standards (ISQC).
Furthermore, work according the IFRS standards, follow the Code of Ethics for Professional Accountants and are members of the Institute of Certified Accountants of Montenegro, ICAM, Institute of Accountants and Auditors of Montenegro and IRRCG.
The Montenegrin Foreign Investors Council (www.mfic.me), established in 2009, and supported by Ekonomik Accountants, is an association of the leading foreign investors in the country and has been established as a non-governmental and non-profit organization aimed at the improving the investment climate and supporting business development in Montenegro.
The council is publishing a couple of uselfull reports each year that give proper inside into the countries' performances and present key financial figures and trends relevant for active and potential foreign investors (see section downloads).
