Date of last update:
Wholesale trade in oil derivatives
-- TRADE --
The energy activity of wholesale trade in oil derivatives can be performed by a company, legal or natural person, or entrepreneur (hereinafter: company), based on a license.
License conditions
- The request for issuing a license is submitted on the form prescribed by the Rules
- The company must be registered in the Central Register of Business Entities to perform the energy activity for which the application is submitted
- Statute of the company
- List of banks, with giro account numbers of the applicant
- Certificate from a commercial bank or the Central Bank of Montenegro, which proves that the applicant freely disposes of financial assets in his account
- Certificate issued by the competent state body that the members of the management body of the applicant, i.e. the entrepreneur, were not legally convicted of criminal offenses that make them unfit to perform their duties (Ministry of Justice)
- Organizational chart, with the number of employees
- That the company's license for performing energy activities for which it applied has not been revoked in the last three years (verification is carried out ex officio by the Regulatory Agency for Energy and Regulated Communal Activities)
Special requirements for qualifications
There are no special conditions
Fees
License: 300 EUR
Competent authorities
Central Registry of Business Entities
Vaka Djurovića br. 20, Podgorica
+382 20 230 858
crps.tax@tax.gov.me
www.crps.me
Central Bank of Montenegro
Bulevar Svetog Petra Cetinjskog br. 6, Podgorica
+382 20 665 349
info@cbcg.me
Ministry of Justice
Vuka Karadžića br. 3, Podgorica
+382 20 675 439
arhiva.mpa@mpa.gov.me
Mail za slanje dokumentacije:
Relevant regulations
Law on Energy ("Official Gazette of Montenegro", No. 005/16, dated 20.01.2016, 051/17 dated 03.08.2017, 082/20 dated 06.08.2020, 029/22 dated 18.03.2022, 152/22 dated 12/30/2022)
Rules on licenses for performing energy activities ("Official Gazette of Montenegro", No. 031/21 of 24 March 2021, 048/21 of 11 May 2021)
Decision on establishing fees for licenses and for closed distribution system, for the year 2024 ("Official Gazette of Montenegro", No. 120/23 of 29.12.2023)
Permits
Deadline: 30 days
Legal remedies
The possibility of submitting a lawsuit within 20 days to the Administrative Court, Bulevar Svetog Petra Cetinjskog no. 130, Podgorica
Wholesale trade in oil derivatives
-- TRADE --
The energy activity of wholesale trade in oil derivatives can be performed by a company, legal or natural person, or entrepreneur (hereinafter: company), based on a license.
License conditions
- The request for issuing a license is submitted on the form prescribed by the Rules
- The company must be registered in the Central Register of Business Entities to perform the energy activity for which the application is submitted
- Statute of the company
- List of banks, with giro account numbers of the applicant
- Certificate from a commercial bank or the Central Bank of Montenegro, which proves that the applicant freely disposes of financial assets in his account
- Certificate issued by the competent state body that the members of the management body of the applicant, i.e. the entrepreneur, were not legally convicted of criminal offenses that make them unfit to perform their duties (Ministry of Justice)
- Organizational chart, with the number of employees
- That the company's license for performing energy activities for which it applied has not been revoked in the last three years (verification is carried out ex officio by the Regulatory Agency for Energy and Regulated Communal Activities)
Special requirements for qualifications
There are no special conditions
Fees
License: 300 EUR
Competent authorities
Central Registry of Business Entities
Vaka Djurovića br. 20, Podgorica
+382 20 230 858
crps.tax@tax.gov.me
www.crps.me
Central Bank of Montenegro
Bulevar Svetog Petra Cetinjskog br. 6, Podgorica
+382 20 665 349
info@cbcg.me
Ministry of Justice
Vuka Karadžića br. 3, Podgorica
+382 20 675 439
arhiva.mpa@mpa.gov.me
Mail za slanje dokumentacije:
Relevant regulations
Law on Energy ("Official Gazette of Montenegro", No. 005/16, dated 20.01.2016, 051/17 dated 03.08.2017, 082/20 dated 06.08.2020, 029/22 dated 18.03.2022, 152/22 dated 12/30/2022)
Rules on licenses for performing energy activities ("Official Gazette of Montenegro", No. 031/21 of 24 March 2021, 048/21 of 11 May 2021)
Decision on establishing fees for licenses and for closed distribution system, for the year 2024 ("Official Gazette of Montenegro", No. 120/23 of 29.12.2023)
Permits
Deadline: 30 days
Legal remedies
The possibility of submitting a lawsuit within 20 days to the Administrative Court, Bulevar Svetog Petra Cetinjskog no. 130, Podgorica
