Choose the type of company you are changing board member in
Pursuant to the Montenegrin Company Law, a Limited Liability Company must have one of the following organisational structures:
- A Managing Director (in Montenegrin: “izvršni direktor”) only.
- A Managing Director and a Board of Directors (in Montenegrin: “odbor direktora”).
Please see, respectively, “Managing Director” and “Board of Directors” below for a more in-depth description of each board type, including how to change the respective board members.
For a description of how to change the respective board members, please see the individual steps below.
As all information on how to change board members in Montenegro on the LCB Site by nature is generic (i.e. does not include specific requirements for listed companies, special requirements in statutory documents or as otherwise stipulated in any type of special law), we strongly recommend seeking legal advice before actually changing any board members in Montenegro.