Generalizes on the best strategy to enter the market, e.g., visiting the country; importance of relationships to finding a good partner; use of agents.
Montenegro enacted legislation that outlines guarantees and safeguards for foreign investors. This legislation does not distinguish between foreign and domestic investors, affording foreigners the same rights, with an exception for companies pursuing ownership in certain defense-related industries.
Montenegro’s Foreign Investment Law establishes the framework for investment. The law eliminates nearly all previous investment restrictions; extends national treatment to foreign investors; allows for the transfer/repatriation of profits and dividends; provides guarantees against expropriation; and allows for customs duty waivers for equipment imported as capital-in-kind.
Agents and distributors are commonly used by foreign firms to enter the Montenegrin market.