The Law on The Prevention of Illegal Business (Zakon o sprečavanju nelegalnog poslovanja, „Official Gazette of Republic of Montenegro“ no.29/13) came into force on 23 June 2013. Its nature is largely declaratory, aimed at showing the declared intent of the state to fight corruption and black market. “Illegal Business” is defined as conducting business without prior registration required by law, as well as conducting business without a permit or in breach of the terms of the permit. Read more
