> ## Documentation Index > Fetch the complete documentation index at: https://v2.docs.conduit.financial/llms.txt > Use this file to discover all available pages before exploring further. # Montenegro > How to collect KYB documents from business customers in Montenegro (MNE) when onboarding through the Conduit API. ## 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 | *Tax ID:* 8-digit number (7 serial + 1 check digit); doubles as VAT ID (format "ME" + PIB on EU-facing invoices). Issued at registration; permanent. *Registration number:* Unique entity identifier assigned at CRPS registration; appears on all registry extracts. ## 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 | | Good Standing | Izvod iz CRPS | ## 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, Good Standing | | **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. * **Good Standing:** No standalone good-standing certificate is issued; a recently dated copy of the listed document evidences current standing. Montenegro's Central Registry of Business Entities (CRPS) does not issue a separate Certificate of Good Standing; a freshly dated Izvod iz CRPS (collected under business\_registration) carries current legal status, matični broj, registered address and directors and serves the same compliance function. ## Person roles When you submit a person on the application body, set their `role` 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.