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Five benefits of emigrating to Montenegro and starting a business here
Montenegro is a small country on the Balkan Peninsula, located on the Adriatic Sea. This country is attractive to tourists due to its beautiful beaches, mountains and historical sights. But this country is also an attractive place for business and life.
Geographical location
Montenegro's location on the Balkan Peninsula, on the Adriatic Sea, provides many advantages for both life and business. The country has a unique geographical position, combining mountain landscapes, coastline and many islands. This makes it attractive to tourists, which, in turn, stimulates the development of tourism infrastructure and the service sector.
Tax system
Montenegro has one of the most attractive tax systems in Europe. Personal income tax is progressive. VAT is 21%. In addition, Montenegro has many double taxation agreements with other countries, which facilitates international trade.
Economic sustainability
Montenegro has a robust economy that is growing rapidly. According to a World Bank report, in 2019, Montenegro's economy grew by 3.5%. This is due to a number of investment projects, such as the construction of new hotels and resorts, as well as infrastructure development.
Business-Friendly
Montenegro is considered one of the most business-friendly countries in Europe. It is easy to register a company, obtain licenses and work permits. In addition, the government of Montenegro provides various benefits and subsidies for local and foreign entrepreneurs.
Quality of life
Montenegro is a country with a high quality of life. Here you will find beautiful beaches, mountains and national parks, as well as many restaurants, bars and cafes. In addition, Montenegro has one of the lowest costs of living in Europe, making it attractive for those who want to live in an economically advantageous place.