Montenegrin structure

In Montenegro, 2 organizational structures of Limited Liability Companies exist pursuant to the Montenegrin Company Law:

  1. A Managing Director (in Montenegrin: “izvršni direktor”) only.
  2. A Managing Director and a Board of Directors (in Montenegrin: “odbor direktora”).

 Please see, respectively, “Managing Director” and “Board of Directors” in the left side menu for a more in-depth description of each structure, including how to change the respective board members.

Fee quote

Karanovic & Partners in cooperation with local lawyers has provided all input about changing board members in Montenegro. [...]

Karanovic & Partners is a regional legal practice in Southeast Europe with a tradition spanning two decades and cooperating offices in Serbia, Croatia, Slovenia, Montenegro, North Macedonia and Bosnia and Herzegovina. With more than 100 attorneys at law cooperating across the region, we provide integrated services focusing on effectiveness and practicalities in providing solutions to the clients.

For more information about Karanovic & Partners and changing board members in Montenegro, please use the below contacts:

TEL: +382 20 238 991