Montenegro, an EU candidate country, has now transposed the rule into the new Companies Act, setting the quota and 30 June 2026 as the compliance deadline.
In the latest article, Lana Vukmirović Mišić, Senior Partner at JPM & Partners in Podgorica, examines Montenegro’s new gender balance requirements for corporate boards, introduced through the new Companies Act and inspired by the EU Women on Boards Directive.
The article explores:
- Which companies are covered by the new regime
- The applicable gender balance thresholds
- Reporting and governance obligations
- The practical implications of non-compliance
- Whether the current scope is broad enough to achieve meaningful change in Montenegro’s corporate landscape
While the number of companies affected may be relatively small, the reform represents an important step toward stronger corporate governance standards and greater board diversity in Montenegro.
An insightful read on a development that combines regulatory alignment, corporate governance, and diversity objectives in a rapidly evolving legal environment.
