Accounting services in Montenegro. Accounting support for your business in Montenegro
GoMonte offers comprehensive accounting and financial support for your business in Montenegro (DOO, Entrepreneur), ensuring full compliance with local legislation and tax optimization.
1. Comprehensive accounting services
- Primary documentation: Processing, monitoring, and archiving of incoming and outgoing invoices, contracts, and bank statements.
- Bookkeeping: Full maintenance of all necessary accounting ledgers and books in accordance with Montenegrin standards (Knjiga ulaznih/izlaznih faktura).
- Counterparty settlements: Monitoring accounts receivable and payable.
- Inventory: Accounting for fixed assets and inventories.
2. Tax accounting and reporting
- Calculation and filing of tax returns: Monthly, quarterly, and annual calculation and timely filing of all types of tax returns (VAT/PDV, corporate income tax/Porez na dobit).
- Tax Optimization: Consultations on legal ways to reduce the tax burden by taking advantage of the Montenegrin tax system (e.g., low corporate income tax).
- Communication with the Tax Service (Poreska Uprava): Representing clients during audits, responding to inquiries, and resolving disputes.
3. Personnel Records and Payroll
- Employee Onboarding: Preparing employment contracts (Ugovor o radu) in accordance with Montenegrin labor legislation and assistance in obtaining a temporary residence permit for employment.
- Payroll: Monthly calculation of wages, vacations, sick leave, and compensation.
- Social Contributions: Calculation and timely payment of all social contributions and taxes (pension, health insurance) for employees.
4. Financial Reporting
- Annual Reporting: Preparation and submission of mandatory annual financial statements to the Register of Business Entities (Centralni registar privrednih subjekata).
- Internal reporting: Preparation of management reports for founders (P&L, Cash Flow) in Russian or English.
5. Additional financial services
- Account opening consultations: Assistance in choosing a bank and support with opening a corporate account in Montenegro.
- Financial control and planning: Budgeting, cash flow forecasting, and analysis of the company's financial position.
- Legal consultations: drafting employment contracts, transaction support.
- Assistance with business relocation to Montenegro: assistance in selecting office space, preparing online documents, and consultations on immigration issues.
Find out more details now! Request a consultation with our accountant: +382 69 777 680 Viber/WhatsApp/Telegram
Our other articles on business in Montenegro may be helpful:
Legal services in Montenegro. GoMonte is your reliable partner in legal matters: gomonte.me/blog/post/52
Residence permit for opening a company in Montenegro: gomonte.me/services