Overview
| Field | Value |
|---|---|
| Region | Europe |
| ISO 3166-1 | ME / MNE |
| Registry | CRPS |
| Last updated | 2026-05-06 |
Identifiers
Collect two identifiers from each business customer in Montenegro and submit them as strings on the application body.| API field | Local name | Issuer |
|---|---|---|
businessInfo.taxId | PIB | Uprava prihoda i carina (UPC) |
businessInfo.businessEntityId | Matični broj | CRPS |
Sector regulators
CBCG · KTK · UPC
Legal structures
| Local name | Abbreviation | Description |
|---|---|---|
| Društvo sa ograničenom odgovornošću | DOO | Private limited-liability company; minimum share capital €1; most common SME structure; governed by the Companies Act (Off. Gazette 90/2025, applied from 2026-01-01). Equivalent to a US LLC. |
| Akcionarsko društvo | AD | Joint-stock company; one-tier (board of directors + executive director) or two-tier (supervisory board + management board) structure; minimum capital €25,000; shares freely transferable. Closest US equivalent: C-Corp. |
| Ortačko društvo | OD | General partnership; all partners bear unlimited joint liability for company obligations; no minimum capital requirement. Equivalent to a US General Partnership. |
| Komanditno društvo | KD | Limited partnership; at least one general partner with unlimited liability and at least one limited partner whose liability is capped at their contribution. Equivalent to a US Limited Partnership. |
| Preduzetnik | — | Individual entrepreneur / sole proprietor; a natural person conducting business activity under their own name; registered at CRPS; no separate legal personality. Equivalent to a US Sole Proprietorship. |
| Ogranak strane kompanije | — | Registered branch of a foreign company; not a separate legal entity — the parent company bears full liability for its obligations; requires CRPS registration with apostilled parent-company documents. Equivalent to a US Branch/Representative Office. |
How documents combine
For each evidence area, this table shows whether the listed documents are alternatives (any one of) or a bundle (all required). The artifact-by-artifact lookup follows below.| Evidence area | Documents needed |
|---|---|
| Legal Registration | Izvod iz CRPS |
| Constitutive Documents | Any one of: Osnivački akt · Statut |
| Tax Registration | PIB potvrda |
| Operating Permit | Opšinska dozvola za rad |
| Ownership Records | CRPS member list |
| Governance Records | Izvod iz CRPS |
| Signing Authority | Any one of: Punomoćje · Prokura · Odluka skupštine |
| Address | Any one of: Ugovor o zakupu · Račun za komunalne usluge · Bankovni izvod |
Documents to collect
The physical documents you’ll collect from your customer, with the evidence area each one proves. One document can prove multiple areas — for example, Brazil’s Cartão CNPJ covers both tax and business-registration proof, so it appears once with both areas listed.| Document | Proves |
|---|---|
| Izvod iz CRPS (Registry Extract) | Legal Registration, Governance Records |
| Osnivački akt (DOO) | Constitutive Documents |
| Statut (AD) | Constitutive Documents |
| PIB potvrda (Tax Registration Certificate) | Tax Registration |
| Opšinska dozvola za rad (Municipal business license) | Operating Permit |
| CRPS member list | Ownership Records |
| Punomoćje (POA) | Signing Authority |
| Prokura | Signing Authority |
| Odluka skupštine (board resolution) | Signing Authority |
| Ugovor o zakupu | Address |
| Račun za komunalne usluge (≤90 dana) | Address |
| Bankovni izvod (≤90 dana) | Address |
| Sector-Specific License | Dozvola za rad (CBCG — banking, payments, e-money), Dozvola za rad (KTK — capital markets, investment services) |
Collection notes
- Legal Registration: Issued by CRPS via efirma.tax.gov.me; confirms matični broj, legal form, address, status.
- Constitutive Documents: Notarized at registration; filed with CRPS. For AD, both founding act and statute may apply.
- Tax Registration: Issued by UPC; confirms PIB. VAT certificate separate if VAT-registered (threshold €30,000 annual turnover).
- Operating Permit: Issued by local municipality; required for premises use; sector-specific national permits override for regulated activities.
- Sector-Specific License: CBCG for banks, payment institutions, insurers; KTK for investment firms, brokers. Required only for regulated-sector clients.
- Governance Records: Directors (izvršni direktori) and board members filed in and searchable via CRPS extract.
- Signing Authority: Notarized punomoćje for external representatives; prokura is a registered trade-law POA covering all business acts; board resolution (odluka) for ad hoc authorizations.
- Address: Lease (no time bound) OR utility bill OR bank statement dated within 90 days. Same document satisfies both registered-address and operating-address checks.
Person roles
When you submit a person on the application body, set theirrole to one of Conduit’s canonical BusinessPersonRole values. Use this table to map a local corporate-governance title onto the right canonical role.
| Local role | Canonical API role | Description |
|---|---|---|
| Izvršni direktor (Executive Director, DOO/AD one-tier) | CONTROLLING_PERSON | Day-to-day management and legal representation; registered in CRPS. |
| Član odbora direktora (Board of Directors member, AD one-tier) | CONTROLLING_PERSON | Governance/supervisory role in one-tier AD structure. |
| Član nadzornog odbora (Supervisory Board member, AD two-tier) | CONTROLLING_PERSON | Oversees management board in two-tier AD structure. |
| Član upravnog odbora (Management Board member, AD two-tier) | CONTROLLING_PERSON | Operational executive in two-tier AD management board. |
| Zakonski zastupnik / Prokurent (Legal representative / Prokura holder) | LEGAL_REPRESENTATIVE | Person registered to legally bind the company; prokura covers all business acts. |
| Punomoćnik (POA holder) | LEGAL_REPRESENTATIVE | Holder of a notarized punomoćje authorizing specific acts. |
Notes
- The new Companies Act (Off. Gazette 90/2025) applies from 2026-01-01; existing companies had until 2026-03-31 to harmonize articles of association. Extracts pulled before that deadline may reflect pre-reform governance structures — always request a fresh extract.
- Montenegro is an EU accession candidate (treaty drafting approved 2026-04-22) but is not yet an EU Member State; EU AMLR (Regulation (EU) 2024/1624, applicable 2027-07-10) does not currently apply. Montenegro’s AML framework is governed by domestic law (Off. Gazette 110/2023, amended 65/2024, 24/2025).
- Montenegro is a party to the Hague Apostille Convention (succession in force 2006-06-03); notarized company documents (osnivački akt, punomoćje) can be apostilled domestically.
- Montenegro uses the euro as its official currency but is not in the eurozone; the euro was adopted unilaterally in 2002. This has no direct KYB document impact but affects correspondent-banking risk flags.