Acumen International stands with Ukraine and the country's people. Join us

Employ Candidates Compliantly in Montenegro

Get Express Quote
  1. Overview: Montenegro
  2. Expand without a company set up
  3. Global PEO and payroll
  4. Global HR Compliance
  5. Visa, work permit & immigration support
  6. Contractor vs. employee: which is better?
  7. Global Payroll Calculator
Other counrtries

Employer of Record (EOR) in Montenegro

What Is a Global Employer of Record?

When expanding globally, businesses often face the challenge of navigating complex employment laws, tax regulations, and administrative burdens when expanding into new markets. A Global Employer of Record (Global EOR) emerges as a strategic solution, alleviating these complexities and enabling seamless international workforce management.

Unlike a traditional Employer of Record (EOR), which operates within a single country, a Global EOR extends its reach across multiple jurisdictions, offering a unified platform for managing international employees. This centralised approach eliminates the need for companies to establish separate legal entities in each country, streamlining the process of hiring, employing, and managing staff globally.

Global EORs serve as the legal employer for international employees, assuming all responsibilities associated with employment, including payroll, tax withholding, benefits administration, and compliance with local labour laws. This comprehensive support allows companies to focus on their core business objectives without getting bogged down in the intricacies of foreign employment regulations.

The benefits of partnering with a Global EOR extend beyond compliance and administrative relief. Global EORs provide access to a vast network of experienced professionals with in-depth knowledge of local employment practices, ensuring that companies adhere to the latest regulatory requirements and avoid costly legal pitfalls.

Moreover, Global EORs offer a cost-effective alternative to establishing local subsidiaries or business units. By centralising employment functions, companies can avoid the upfront investment and ongoing operational expenses associated with establishing a legal presence in each country.

For companies seeking to test new markets or adopt agile operational strategies, Global EORs prove invaluable. Their flexibility allows companies to quickly deploy and adjust their workforce based on market conditions and business needs, minimising risk and preserving existing corporate structures.

Employer of Record vs Global Employer of Record

Aspect Employer of Record (EOR) Global Employer of Record (Global EOR)
Geographical Reach Typically operates in a single country. Operates across multiple countries, including Montenegro.
Legal Responsibilities Takes on local employment liabilities for employees within a specific country. Manages employment liabilities for staff in various countries, adapting to different sets of labor laws and tax regulations.
Payroll & Tax Manages payroll and tax only within its operational jurisdiction. Manages payroll and tax compliance globally, including complex scenarios involving multiple tax jurisdictions.
Talent Pool Usually focuses on hiring local talent within the same country. Can facilitate the hiring of both local and foreign talent, thus offering a broader range of options.
Compliance & Regulation Management Ensures compliance with local labour laws, but lacks global expertise. Specializes in ensuring global compliance by staying updated on labour laws and tax regulations across different countries.
Employment Benefits Offers benefits based on the regulations of one country. Tailors employment benefits to each country’s specific regulations and cultural norms, offering a more customized approach.
Contractual Agreements Deals with employment contracts that are limited to one country’s legal framework. Manages employment contracts across different countries, each tailored to the country’s legal framework.
Business Expansion Support Primarily useful for domestic business operations. Ideal for companies looking to expand globally or test multiple international markets without setting up separate entities.

Businesses can easily navigate the complexities of international labour laws, tax compliance, and administrative tasks by opting for a Global Employer of Record. This makes it a strategic choice for companies aiming for a quick and compliant international expansion, including into the Montenegro market.

All-In-One Global Employment Solution in Montenegro

Express Global Employment provides comprehensive services for building a global team, handling all aspects from hiring to compliance. Here’s what a Global Employer of Record can do in Montenegro:

  • Global Mobility Support: Simplifies onboarding and immigration, enabling quick onboarding and engagement of international talent.
  • Effortless Onboarding: Streamlines global employee onboarding to enhance productivity and speed up results.
  • Global Payroll & Benefits Management: Manages international payroll and benefits, ensuring compliance and competitive compensation.
  • Borderless Expansion Without Local Entities: Facilitates workforce expansion in 190 countries, removing the need for local business entities.
  • Hire Internationally, Operate Everywhere: Offers support for scaling operations and seizing international opportunities swiftly.
  • Risk-Free Market Navigation: Provides expert guidance for secure expansion, managing permanent establishment, employee misclassification risks and compliance challenges in new markets.

1. Recruitment

2. Global Mobility

3. Checks

4. Onboarding

5. Payroll Administration

6. Working Time & PTO Processing

7. Benefits Administration

8. Tax Administration & Reporting

Offboarding

Talent skilled in highly specialised areas Employee Work Visa and Work Permit sponsorship Health checks Employment Agreement drafting In-country registration with statutory bodies Working hours Mandatory Benefits Tax Reporting frequency and requirements; Employment agreement termination:
Executive search Dependent Visa Criminal record checks Compliant worker onboarding on your behalf Day-to-day payroll management Overtime Health insurance Employer taxes & contributions Dismissal – by the employer
Contingency workforce Visa extension Background checks Account setup in the payroll and HR system​ Monthly pay slips or other pay frequency Public holidays Workers’ compensation Employee taxes & contributions Resignation – by the employee
Application for a sponsor license for a foreign national Education checks Employee data entry and records maintenance Accruals Annual leave Unemployment insurance Withholding tax Termination by mutual agreement
Relocation assistance Managing probation periods Allowances Parental leave Voluntary Benefits Local tax payments and reporting to local authorities Notice period handling
13th and 14th salary Sick leave Share plans for executives End of financial year reporting Final settlement & severance payments
Additional leave Bonuses & Equipment provision De-registration with statutory bodies
Expenses reimbursement & business trip processing
Health insurance, dental treatment

Get Express Quote

Spotlight on Montenegro

Montenegro is located in Southeastern Europe, between the Adriatic Sea, Serbia, Croatia, Bosnia and Herzegovina, Albania and Kosovo.

  • Capital: Podgorica.
  • Official language: Montenegrin.
  • Population: 604,966
  • Local currency: Montenegro uses the euro as its domestic currency, though it is not an official EU member.
  • Minimum statutory salary: €532.5 per month, with 12 monthly payments.
  • Most developing industries: Services (tourism), industry (steelmaking, aluminium, agricultural processing, consumer goods), agriculture (milk, potatoes, grapes, vegetables, tomatoes, watermelons, wheat, apples, cabbages, barley). Only twenty per cent of Montenegro’s hydropower potential is utilized. Montenegro plans to become a net energy exporter.
  • Export/import partners: Serbia, Bosnia and Herzegovina, Germany, Italy. Export’s commodities are aluminium, packaged medicines, cars, zinc, and wine. Import commodities are refined petroleum, cars, packaged medicines, recreational boats, and cigarettes.
  • 13th salary: There are no provisions in the law.

How a Global Employer of Record Transforms Operational Challenges into Solutions in Montenegro

This table outlines the challenges of in-house operations in international business expansion and the solutions offered by a Global Employer of Record (EOR). The challenges span from labour law compliance, obtaining work permits, payroll management, and setting up a legal entity in a foreign market.

A Global EOR can effectively address these issues, ensuring regulatory compliance, managing permits and payroll, negating the need to establish a foreign legal entity, etc.

Therefore, partnering with a Global EOR offers companies the advantage of reducing administrative burdens, mitigating risks, and focusing more on core business activities.

Factor The Challenge for Your In-House Operations Global EOR Solution
Labour law compliance Establishing and maintaining compliance with local labour laws and regulations can be time-consuming and complex, requiring specialized knowledge and resources. With a Global EOR, the responsibility for ensuring compliance with local labour laws and regulations is taken on, providing peace of mind and freeing up valuable time and resources.
Work permits and visas Obtaining the permits and visas required for foreign employees can be complicated, with potential delays or errors disrupting the business. Global EOR can provide immigration support and take on the process of obtaining necessary permits and visas for foreign employees, ensuring a smooth and efficient process.
Payroll management Handling payroll processing, tax reporting, and compliance with local labour laws and regulations can be a significant administrative burden for employers. Global EOR can handle payroll processing, tax reporting, and compliance with local labour laws and regulations, freeing up time and resources for employers.
Benefits provision Developing and providing a competitive benefits package in the local market and compliant with local laws and regulations can be challenging and time-consuming. Global EOR can develop and provide a competitive benefits package in the local market and comply with local laws and regulations, reducing the burden on employers.
Legal entity establishment Establishing a local legal entity in the foreign market to comply with local laws and regulations can be lengthy and costly, requiring specialized knowledge and resources. Global EOR eliminates the need for establishing a local legal entity in the foreign market, providing a cost-effective and efficient solution.
HR policy development and implementation Developing and implementing a compliant HR policy that aligns with local laws and regulations can be complex, requiring specialized knowledge and resources. Global EOR can develop and implement a compliant HR policy that aligns with local laws and regulations, providing a standardized and efficient solution.
Background checks Conducting background checks on potential employees to ensure they are qualified and do not pose a risk to the business can be time-consuming and complex, requiring specialized knowledge and resources. Global EOR can conduct background checks on potential employees, providing a standardized and efficient solution.
Global employment expertise Expanding into foreign markets requires a high level of global employment expertise in labour laws, tax regulations, and cultural differences. Global EORs have global employment expertise across multiple jurisdictions, providing valuable guidance and support for startups looking to expand into foreign markets.

Get Express Quote

Streamlined Global Hiring in Montenegro with Express Global Employment

Express Global Employment offers a comprehensive Employer of Record (EOR) service, enabling businesses to hire and compensate exceptional talent in Montenegro legally and compliantly. Designed to serve both end employers and international service companies, our solution presents a cost-effective alternative to direct hiring.

Core Benefits and Legal Compliance

Our service caters to global HR needs, including talent acquisition, swift market entry, and local support for expatriate employees. We handle all payroll details, ensuring you comply with Montenegro’s labour and tax regulations. If you’re aiming to leverage local talent or have already selected candidates, our EOR service provides a risk-free and legally compliant framework for engagement.

We go beyond hiring local citizens; we also secure work permits and business visas for your expatriate staff, allowing you to employ them once all permissions are in place legally.

Risk Mitigation and Strategic Focus

Our EOR service reduces your business risks associated with global expansion by managing employment and compensation on your behalf. This lets you focus on business growth and strategy, confident that all employment compliance is managed effectively.

Partner with Express Global Employment for a fully compliant, risk-mitigated approach to global workforce management in Montenegro and 190 other markets where we operate. Trust us to deliver end-to-end solutions that ensure you never miss any regulatory nuances.

Global EOR Helps Test Foreign Markets without Local Incorporation

As a business owner, you may feel overwhelmed by the tax implications of expanding your business overseas. However, new ideas exist to reduce complexity and ease the burden on busy entrepreneurs. In this article, we’ll explore some of the best ways to reduce the complexity of tax planning for international expansion.

If you’re thinking about using a Global Employer of Record (EOR) talent engagement model for your business, it’s becoming increasingly popular. Here’s how it works: a third-party company operates a local entity in each jurisdiction where it offers services. This can be a great way to comply with various laws and regulations.

Here’s how the Employer of Record arrangement works. A new business owner approaches a global EOR company to hire a remote worker based in a different jurisdiction. Rather than the business owner having to establish a new company or register a branch in a new jurisdiction, the employee can be employed by our local EOR partner company in any of your target countries. All attendant costs associated with this arrangement are then charged to the client company for a fee. This can be a more efficient and cost-effective way of doing business for the employer and the employee. Many start-ups like this idea because it gives them the flexibility to focus on getting their business up and running.

Global EOR Efficiency: Reducing Vendor Complexity

Utilising a single Global Employer of Record partner empowers businesses to manage employees efficiently across multiple countries. This unified approach simplifies complex international HR processes, providing consistency in employment practices and compliance standards across different jurisdictions. It eliminates the need for multiple local HR teams or legal advisors, ensuring a cohesive and streamlined strategy for global employment.

A Global Employer of Record can effectively consolidate multiple services, replacing the need for various vendors across jurisdictions:

  1. Payroll and Tax Compliance: Manages payroll processing, tax withholding, and reporting, aligning with local regulations.
  2. Benefits Management: Constructs and administers comprehensive and competitive employee benefits packages, adhering to local laws.
  3. HR Expertise: Offers a full range of HR services, including streamlined and compliant employee onboarding, talent management., and offboarding.
  4. Background Verification: Conducts employee background checks, ensuring compliance with regional standards.
  5. Intellectual Property Assistance: Aids in protecting intellectual property rights across different jurisdictions.
  6. Tax Consultation: Provides expert advice on local tax laws and compliance.
  7. Translation Services: Offers language support to bridge communication gaps in multinational operations.
  8. Legal Advisory: Delivers legal expertise, including contract review and regulatory compliance.
  9. Immigration Guidance: Assists with work permit sponsorship and visas for international employees, simplifying the immigration process.

Get Express Quote

Ready to Get Started?
Get Express Quote