This small Mediterranean country – known as the perfect
blend of gorgeous coastline and dramatic mountains – has much
more to offer then meets the eye. In terms of the business climate,
significant progress has been made in the last couple of years
towards streamlining business start-up procedures. Many investors
have entered the market which has resulted in remarkable rise of
foreign direct investment. But, is there perhaps a development
opportunity which might have been overseen? Does Montenegro have
the potential to become a regional IT hub?
IT businesses are running the world nowadays. The lure of the
digital nomads' lifestyle has caused the proliferation of
flexible, location-independent companies. Tax legislations and
European regulations are adapting slower than business development
in this sector. For some countries, this transition has already
brought opportunities which have been welcomed smartly (for example
Estonia) but for other, this can be a crucial