Press Release: One Stop Shop for registration of companies will become operational tomorrow

Within the activities of the Council for Regulatory Reform and Business Environment Improvement, the preconditions have been created for the establishment of One Stop Shop for registration of companies within the Central Registry of the Commercial Court.

Starting from Friday, 20 May 2011, new business organizations will be able to register a company, register for taxes, and obtain VAT and excise tax and customs number, all at one place. Therefore, new companies will not have to go to several counters and to several different institutions, meaning they will not waste their time and money.

In the following period, through implementation of the planned activities, registration of companies in 8 branch offices of the Tax Administration will be enabled, whereas it has been possible so far to have the registration done only in the Central Registry of the Commercial Court in Podgorica.

The aforementioned activities will have a significant impact on further improvement of the business environment, growth of the economic activity, enhancement of investment climate and better ranking of our country in international reports.