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Chapter 6 – Company law

Chapter 6 – Company law

Chapter 6 – Company law was opened on 18 December 2013.

This chapter is related to the establishment and operation of businesses in EU Member States. It contains two parts: right of companies in the narrow sense, accounting and audit.

Company law in the narrow sense is related to the rights of establishment, registration, domestic and cross-border merger, and division of companies. Accounting and audit involves the establishment of the systems of checks of auditors and the efficient public oversight system, as well as the system of publishing annual financial reports.

The alignment of Montenegrin legislation in the area of company law and the new tendencies in this area will create preconditions enabling all national businesses to become more relevant and equal participants in global economy. Furthermore, the alignment aims at removing legal uncertainty, which may pose additional obstacles to business and investment.

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