Intensive cooperation between Ministry of Economy, Government of Montenegro and business people marks this passing year

The previous year was marked by intensive cooperation between the Ministry of Economy and the Government of Montenegro. We worked on system solutions and on a daily basis tried to solve the problems encountered by business people.

The Ministry of Economy has prepared a Law on Business Companies that is in the process of harmonisation with the European Commission. The law will allow exemption of the Assembly when it comes to single-member limited liability companies and for multi-member ones will be retained.

Registration of the company has been transferred from the CRPS (Central Registry of Business Entities) to the Tax Administration and we do not want to return the centralization to anyone, but to everyone has the possibility to communicate with the CRPS in their cities. In the next year we will improve electronic services in the part of what is related to the registration of the company, and on the other hand we will train people from the Tax Administration so that citizens can use this service electronically and in the cities where they live.
The Law on Concessions is an example of good communication between the Government, the Ministry and the Economy, where through the new solutions the answer to all the shortcomings from the past period was found.

The Law on Copyright and Related Rights implies more stringent control over the work of the author of music. The amendments to the Law refer to the field of collective exercise of copyright and related rights and harmonization with the 2014/26 / EU Directive on the collective exercise of rights. By adopting these changes, we will significantly improve transparency in the work of organizations for the collective exercise of rights and supervision of their work. The Intellectual Property Office (now as part of the Ministry of Economy) will have to issue a provisional tariff and this will certainly affect all the problems that were related to the tariff for which the fee had to be paid to the association of music authors.
The draft of the Law on Internal Trade has been drafted and its adoption is expected after the holiday. In the trade sector that employs 37,000 people, Sunday will be declared non-working through a legal solution, and bylaws will bring solutions for exceptions respecting the tourist season and the basic living needs of citizens.

GREY ECONOMY

The Ministry of Economy contributes to the suppression of the gray economy through the adoption of the Law on Inspection Supervision in the part relating to supervision in buildings that are not registered for the business activity.

We are trying to improve the Montenegrin economy from two aspects: by improving the infrastructure, through a project with the Montenegrin Electricity Distribution System in order to revitalize the distribution network in which it is planned to invest some 90 million euros in the next three years.

Telecommunication infrastructure is very advanced. We are planning the adoption of the Law on the use of high-speed EC networks. Thus, we will allow for the cheapening of telecommunication services.

The Ministry of Economy has supported 10 incentive programs. We made a decision that approximately 1 million 630 thousand euros would be available to the Montenegrin economy in the Ministry of Economy as one unified Competitiveness Facility. The Fund will be permanently open and available 365 days a year where the ministry, besides providing incentives, will also provide non-financial services in terms of developing business plans and assisting in applying as an intermediary to the economy and to all those who are able to give them financial resources.