Doing Business in Montenegro 2020


Montenegro Ease of Doing Business Rank: 50 Overall Score: 73.8
Starting a Business (rank) 101
Score 86.7
Procedures - Men (number) 8
Time - Men (number) 12
Cost - Men (days) 1.2
Procedures - Women (days) 8
Time - Women (% of income per capita) 12
Cost - Women (% of income per capita) 1.2
Paid in minimum capital (% of income per capita) 0
Dealing with Construction Permits (rank) 40
Score 76.1
Procedures (number) 9
Time (days) 102
Cost (% of warehouse value) 4.9
Building Quality Control Index(0-15) 10
Quality of building regulations index (0-2) 1
Quality control before construction index (0-1) 1
Quality control during construction index (0-3) 2
Quality control after construction index (0-3) 3
Liability and insurance regimes index (0-2) 1
Professional certifications index (0-4) 2
Getting Electricity (rank) 134
Score 61.2
Procedures (number) 7
Time (days) 131
Cost (% of income per capita) 144.4
Reliability of supply and transparency of tariff index (0-8) 5
Total duration and frequency of outages per customer a year (0-3) 0
Mechanisms for monitoring outages (0-1) 1
Mechanisms for restoring service (0-1) 1
Regulatory monitoring (0-1) 1
Financial deterrents aimed at limiting outages (0-1) 1
Communication of tariffs and tariff changes (0-1) 1
System average interruption duration index (SAIDI) 40.3
System average interruption frequency index (SAIFI) 25.8
Minimum outage time (in minutes) 3
Price of electricity (US cents per kWh) 14.1
Registering Property (rank) 83
Score 65.8
Procedures (number) 6
Time (days) 69
Cost (% of property value) 3.1
Quality of land administration index (0-30) 17.5
Reliability of infrastructure index (0-8) 7
Transparency of information index (0-6) 3
Geographic coverage index (0-8) 4
Land dispute resolution index (0-8) 3.5
Equal access to property rights index (-2-0) 0
Getting credit (rank) 15
Score 85
Strength of legal rights index (0-12) 12
Depth of credit information index (0-8) 5
Getting Credit total score 17
Credit registry coverage (% of adults) 41
Credit bureau coverage (% of adults) 0
Protecting Minority Investors (rank) 61
Score 62
Extent of disclosure index (0-10) 5
Extent of director liability index (0-10) 8
Ease of shareholder suits index (0-10) 6
Extent of shareholder rights index (0-6) 3
Extent of ownership and control index (0-7) 3
Extent of corporate transparency index (0-7) 6
Strength of minority investor protection index (0-50) 31
Paying Taxes (rank) 75
Score 76.7
Payments (number per year) 18
Time (hours per year) 300
Total tax and contribution rate (% of profit) 22.2
Profit tax (% of profit) 8.3
Labor tax and contributions (% of profit) 13.4
Other taxes (% of profit) 0.5
Time to comply with VAT refund (hours) 4
Time to obtain VAT refund (weeks) 22
Time to comply with a corporate income tax correction (hours) 10
Time to complete a corporate income tax correction (weeks) 19
Postfiling index (0-100) 70.5
Trading across borders (rank) 41
Score 91.9
Time to export: Documentary compliance (hours) 5
Time to import: Documentary compliance (hours) 6
Time to export: Border compliance (hours) 8
Time to import: Border compliance (hours) 23
Cost to export: Documentary compliance (USD) 26
Cost to import: Documentary compliance 60
Cost to export: Border compliance (USD) 85
Cost to import: Border compliance (USD) 306
Enforcing contract (rank) 44
Score 66.8
Time (days) 545
Filing and service (days) 60
Trial and judgment (days) 365
Enforcement of judgment (days) 120
Cost (% of claim) 25.7
Attorney fees (% of claim) 11.3
Court fees (% of claim) 6.9
Enforcement fees (% of claim) 7.5
Quality of the judicial processes index (0-18) 11.5
Court structure and proceedings (0-5) 5
Case management (0-6) 3.5
Court automation (0-4) 1
Alternative dispute resolution (0-3) 2
Resolving Insolvency (rank) 43
Score 66.1
Outcome (0 as piecemeal sale and 1 as going concern) 0
Time (years) 1.4
Cost (% of estate) 8
Recovery rate (cents on the dollar) 50.3
Strength of insolvency framework index (0-16) 12.5
Commencement of proceedings index (0-3) 2.5
Management of debtor's assets index (0-6) 6
Reorganization proceedings index (0-3) 3
Creditor participation index (0-4) 1
Information provided by The World Bank Group

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