1. Your investment destination! Cetinje – Business Friendly Environment!
Aleksandar BOGDANOVIĆ Mayor of the Old Royal Capital Cetinje, MONTENEGRO
Cetinje, MONTENEGRO
Your investment destination!
Cetinje – Business Friendly Environment!

2. Old Royal Capital Cetinje

3. Modern, urban and dinamic bussiness center
Old Royal Capital Cetinje
Cultural, historical and spiritual Center vs
Modern, urban and dinamic bussiness center

4. Cetinje - MONTENEGRO Package of incentives for investors
Old Royal Capital Cetinje
Cetinje - MONTENEGRO Package of incentives for investors
Key indicators of Package:
A Favourable fiscal framework
Easily accessible locations for positioning a business
Efficient and partner-friendly local administration
“The process of economic transition and the impact of the global financial crisis have conditioned new trends in local community development. Investments have become a dominant generator of economic growth and development, thus creating a need for new policies which would follow actual trends and market requirements.”

5. PACKAGE OD INCENTIVES FOR INVESTORS Efficient and partner-friendly
C E T I N J E
PACKAGE OD INCENTIVES FOR INVESTORS
Efficient and partner-friendly
local administration
Implemented activities:
“One stop shop” service for investors
Liaison officer for investors of special importance
“The communication therewith will be vested in a liaison officer - a member of the Mayor's Office Staff, who will be available to the investor 24 hours a day, for each and any possible advice or other kind of assistance.”

6. Easily accessible locations for positioning a business
C E T I N J E
PACKAGE OD INCENTIVES FOR INVESTORS
Easily accessible locations for positioning a business
Established two business zone:
Business zone for Greenfield investment – on almost 40 hectares in the industrial and service zone of Cetinje
Business zone for Brownfield investment – situated in very town at almost square meters
“All the research we have done during the process of developing our package of incentives identified that one of the key requirements and needs of investors is their need for an easily accessible location and its being supplied with an adequate public infrastructure.”

7. PACKAGE OD INCENTIVES FOR INVESTORS Competitive fiscal policy
C E T I N J E
PACKAGE OD INCENTIVES FOR INVESTORS
Competitive fiscal policy
THUS, DEPENDING ON THE LOCATION OF AN INVESTMENT AND ITS IMPACT ON THE NUMBER OF NEW JOBS FOR THE LOCAL POPULATION, WE OFFER TO INVESTORS ON THE TERRITORY OF THE OLD ROYAL CAPITA CATINJE NUMEROUS INCENTIVES:
Fee for equipping the construction land with utilities 0€
Property tax for up to three years of operations €
Income tax for new start-up companies €
ror the first eight years of operations,
Employee's contributions for compulsory social security 0€
“All of the abovementioned certainly position the Old Royal Capital Cetinje as a reliable and credible partner, which I am confident will give the appropriate results”

8. EXAMPEL: Factory for manufactoring solar panels
C E T I N J E
PACKAGE OD INCENTIVES FOR INVESTORS
EXAMPEL: Factory for manufactoring solar panels
KEY INFORMATION OF INVESTMENT:
Value of investment in first 5 years 17 milion euros
Produstion capasities – 100 till 500 MWp
Revenues – from 15 till 186 million Euros in first five years
EBIT – from 0.6 till 10 milion Euros
INCETIVES FOR THIS INVESTMENT
More than 5 milion Euros
More than Euros per employee

9. Thank you for your attention!
C E T I N J E
Thank you for your attention! E: T: