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Discussion on the Draft Law on Business Organization

25/09/2017

The Round Table within the public discussion on the Draft Law on Business Organization, conducted by the Ministry of Economy, was organized at the Chamber of Economy of Montenegro.

The meeting was moderated by the Vice President Mr. Stanko Zlokovic, while the opening remarks were delivered by the Minister of Economy Ms. Dragica Sekulic, the State Secretary in the Ministry of Economy Mr. Dragan Kujovic and the General Director for Industry and Entrepreneurship Mr. Goran Nikolic.

According to the keynote speakers, this is a completely new law, replacing the current act passed in 2002 and is based on the Anglo-American legal tradition.

The working group which, in addition to the members from the Ministries of Economy and Finance, included representatives of the CEM and other business associations, the Tax Administration, experts from Faculties of Law and Economics, with the support of GIZ, was in charge of the new text.