The Cathay Associates network member in Podgorica, Montenegro:
Drazic, Beatovic & Stojic

Established: 1984

Staff: 21

“Everyone is born with an instinct of success, and ability to make it, but only the ones who think out of the box succeed.”

— Unarine Ramaru

Drazic, Beatovic & Stojic provides comprehensive advice on a wide range of corporate and commercial issues in Montenegro by combining technical expertise with appreciation of the commercial environment in which its clients operate. In particular, the office offers advice related to investment banking, insurance and utilities sectors by way of share acquisitions, company establishment and joint ventures.


  • Broad experience in incorporating all types of commercial companies
  • Expert opinions on the best form of incorporation according to the capital, type of activity and number of partners, including cooperation such as consortiums or holdings
  • Preparation of all necessary documents and represent clients on incorporations of non-profit legal entities such as professional organizations, national or branch organizations, etc.
  • Preparation of documents regarding the incorporation of any type of legal entity irrespective of the origin of their capital (entirely foreign or joint venture) including articles of associations, statutes, minutes, etc.
  • Engaged in three high profile, full scale privatization procedures in Montenegro
  • Tender procedures for the acquisition of Montenegrin companies in privatization as well as in the process of acquisition of the Montenegrin companies through buying shares or stakes of these companies
  • Substantial experience and expertise in legal due diligence for all types of commercial corporations


Igor Martinovic

Managing Partner



Banking & financial law
Corporate & commercial law,
Financial markets,
Labor & employment law,
Litigation & dispute resolution.


Vaka Djurovica bb, 81000 Podgorica, Montenegro
+382 20407 278