Montenegro
AI Agent Legal Status: undefined · Autonomy: undefined
Legal Framework
Montenegro is an EU candidate country with no specific AI legislation. Uses the Euro as currency despite not being an EU member, providing currency stability.
Key Laws & Regulations
- ◆Law on Personal Data Protection
- ◆Company Law
Business Formation
DOO (Društvo sa ograničenom odgovornošću) is the standard entity with EUR 1 minimum capital. Formation is relatively simple.
Tax Implications
Corporate tax rate is 9%, one of the lowest in Europe. Uses the Euro, eliminating currency exchange risk with EU partners.
Opportunities
Ultra-low corporate tax rate with Euro stability. EU candidate with advanced accession negotiations. Low-cost jurisdiction for establishing European presence.
Highlights
9% corporate tax rate is among Europe's lowest. Euro usage provides currency stability. Very low minimum capital for company formation.
Risks & Challenges
No AI regulatory framework. Very small market and limited infrastructure. Developing institutional framework. Limited tech talent pool.