News for Umbrella clients

From October 1, 2024, the minimum salary in Montenegro, in net amount, can not be lower than 600€ Find out more

During national holiday (Njegoš day) Umbrella office will not work on 13, 14 and 15 November 2024. year Find out more

Umbrella representatives will be available for meetings in Istanbul (Türkiye) on 05/ 06/ 07/ 08/ 09/ 10/ 11/ 12. December 2024. Find out more

During Labor and Easter holiday Umbrella offices will not work from 01.05.2024. till 07.05.2024. year Find out more

Registration of real owners is mandatory Find out more

During national holiday (Njegoš day) Umbrella office will not work on 13 and 14 November 2024. year. Find out more

Amendments to the law on real estate sales tax Find out more

The Parliament of Montenegro on 11.12.2023. adopted the Law on Prevention of Money Laundering and Financing of Terrorism Find out more

According to recent Montenegro police decision foreigner can not get salary lower then 450€ and pay social contributions to the government less then 118,07€ monthly Find out more

During national holiday (Njegoš day) Umbrella office will not work on 13 and 14 November 2023. year Find out more

Amendments to the law on corporate income tax, starting from March 18, 2023. Find out more

DIGITAL NOMAD RESIDENCE PERMIT PROGRAM OFFICIALLY STARTED IN DECEMBER 2022 Find out more

Montenegro presented the EUROPE NOW programm. Find out more

Montenegro has introduced a progressive corporate income tax rate starting from January 1, 2022. Find out more

The economic citizenship program is extended for an additional 12 months. Find out more

From January 2022, the lowest full-time salary in Montenegro is 450 euros Find out more

During New Year and Christmas holidays, Umbrella office will be closed from 4:00 pm Thursday 30rd of December 2021 and will re-open 8:00 am on Monday 10th of January 2022, Find out more

Last notice! The deadline for harmonizing the company's acts with the new company law expire on 11.01.2022., Find out more

- Meet us in in Istanbul, Turkey from 12th till 19th December in Hotel Sheraton Levent 4 Find out more

- (19.11.2021.) With a power of attorney, residence and work permit or temporary residence may be taken over by another legal or natural person

- Diploma nostrification (elementary, high school or university) is required for every foreign employee who apply for residence and work permit, Find out more

- From October 1st, 2021 the minimum wage can not be lower than € 250. From 4th June 2021, limit for VAT registration changed from € 18,000 to € 30,000. Find out more

- Mass vaccination will begin on Tuesday (04.05.2021.) at over 140 points in Montenegro. Find out more

- Umbrella office will be closed during holidays starting 25th of April until 3rd of May

- All owners of legal entities and businessmen are obliged to harmonize the organization with the new Company Law Find out more

- Electronic invoice fiscalization in Montenegro starting from 01.01.2021. Find out more

- (15.10.2020.) Payment of subsidies extends for another two months Find out more

- (06.08.2020.) Amendments on VAT law reduced on 7% and 0% following services Find out more

- (04.08.2020.) Russia and Azerbaijan on "green list" Find out more

- (31.07.2020.) New Law on Business Organizations in Montenegro Entered into Force Find out more

- (23.07.2020.) Prime Minister presents third package of Government measures to support citizens and economy, Find out more