We offer best solutions for starting and growing your business

Our proactive and experienced team of experts will guide you as you build a successful company

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Who We Are

Our dedicated team of proffesionals have a huge excperiance in tax regulations, bookkeeping and company law.

Welcome to Otis Finance, your trusted partner for comprehensive accounting solutions in Montenegro. Our team of skilled professionals is committed to helping businesses and individuals navigate the complexities of finances with confidence. From precise bookkeeping and tax planning to payroll management and financial advisory, we tailor our services to meet your specific needs. With a deep understanding of Montenegro's financial landscape, we ensure your financial matters are handled accurately and efficiently.

Services

WE PROVIDE ACCOUNTING, LEGAL SERVICES, PROACTIVE FINANCIAL ADVICES – HELPING YOU GROW, MAKE MORE PROFIT AND SAVE TIME

COMPANY FORMATION

    Our company formation services include:
  • Full incorporation process of legal entities
  • Sharing knowledge on the types of structures available
  • Liaising with advisors, notaries, banks, lawyers as appropriate
  • Understanding the local rules, regulations, procedures, and timelines
  • Providing guidance on available entity names
  • Obtaining official corporate documents and notarized copies
  • Sourcing relevant professional licenses and tax registrations
  • Opening bank account

WORK AND RESIDENCE PERMITS

We can help you to understand your Work and Residence permit requirements and support you throughout the Work and Residence permit application.

    Our services include:
  • Work and Residence assessment consultation
  • Application support, tracking and renewal
  • Support with applications for dependent family members
  • Document translation collection
  • Opening bank account
  • Correspondence with Authorities

ENTREPRENEURSHIP

Launch Your Business in a few days.

    Our services include:
  • Obtaining documentation
  • Application support and tracking
  • Support with applications
  • Tax consulting
  • Document translation collection
  • Opening bank account
  • Correspondence with Authorities

ACCOUNTING

    Our accounting services include:
  • Accounting, bookkeeping, financial reporting and consolidation
  • Assistance with financial audit and internal control
  • VAT registration and administration
  • Assistance with VAT refundation
  • Assistance with fiscalization
  • Bank account management
  • Monthly, quarterly and annual financial statements in line with relevant accounting standards
  • Filing of accounts with local authorities
  • Management reporting
  • Cash management
  • Payroll administration

BANKING & FINANCE

We offer professional advice and support on all areas of banking and finance

We deliver a experience regarding the best finance options tailored for your business, as well as putting forward bank proposals as required, and assisting with credit control issues.

Our legal team provide advising lenders and borrowers in financing transactions, project financing and debt recovery.

LEGAL SERVICES

Our legal team is composed of the local experts who bring an international experience, high degree of engagement and an integrated legal response to all issues addressed.

    Our legal services include:
  • Corporate and finance
  • Real Estate
  • Immigration
  • Emloyment
  • Restructuring and Insolency
  • Competition
  • M & A
  • Dispute and Resolution

Virtual office

All the virtual office services you need to professionally operate a business in the Montenegro.

Address Services

Meeting room

Web Design and Digital Marketing

Pricing

Pricing plans

Company formation

  • Company's name registration
  • Preparation of Foundation Act
  • Preparation of Statute
  • Document collection
  • Notarizing documents
  • Obtaining of Registration Certificate
  • Submitting documents for Tax Authorities
  • Providing Company's stamp
  • Opening bank account
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Entrepreneurship

  • Document collection
  • Notarizing documents
  • Obtaining of Registration Certificate
  • Submitting documents for Tax Authorities
  • Providing stamp
  • Document translation collection
  • Opening bank account
  • Correspondence with Authorities
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Work and Residence Permit

  • Document collection
  • Notarizing documents
  • Obtaining of recognized High School/University Diploma
  • Obtaining of Work and Residence permit
  • Document translation collection
  • Opening bank account
  • Correspondence with Authorities
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Accouning

  • Bookkeeping of documents in accordance with IAS / IFRS
  • Financial reports or other legally obliged reports
  • VAT calculation
  • Monthly Payroll Accounting
  • Analytical recording of revenues and expenses
  • Keeping record of fixed assets and amortisation
  • Monitoring of claims and liabilities
  • Tax optimization strategies designed to drive business value
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F.A.Q

Frequently Asked Questions

Entrepreneurs, Domestic and international companies with activities established in Montengro.

General rules define minimum capital requirements, for an LLC this is 1 euro .

Foreign citizens can open a company in Montenegro, under the same conditions as Montenegrin citizens. A full list of documents required will be send you on request.

Foreigners can obtain a seasonal or annual temporary residence permit on the basis of employment, real estate ownership or family reunification, if one family member already has a temporary residence permit.

Low tax rate, fast procedure for establishing a company in only 7 days, and a flexible tax system are an additional benefits for all foreigners who are interested in opening a company in Montenegro.

The residence permit is issued for one year, after which it must be renewed annually.

Contact

Contact Us

Address

Bulevar Cetinjski put 13/15,
Podgorica, Montenegro

Call Us

+382 67 521 330

Email Us

office@otisfinance.me

Open Hours

Monday - Friday
8:00 - 16:00