Montenegro
Montenegro offers a business-friendly environment with a developing economy focused on tourism, energy, and services. As an EU candidate country using the Euro, it provides currency stability and increasing alignment with European standards.
jurisdiction.fiscalFramework
jurisdiction.taxSystem
jurisdiction.corporateIncomeTax
9% (15% for profits over €750k)
jurisdiction.valueAddedTax
21% (7% reduced)
jurisdiction.keyFeatures
- Progressive CIT: 9% up to €750k, 15% above
- One of the lowest corporate tax rates in Europe
- No withholding tax on dividends to non-residents under certain treaties
- Loss carry-forward for 5 years
- Various incentives for priority sectors
jurisdiction.treatyNetwork Montenegro has double tax treaties with over 40 countries, with ongoing expansion of the network.
jurisdiction.workforce
jurisdiction.employment
Montenegro has a flexible labor market with competitive costs. The workforce is generally well-educated, with particular strengths in hospitality and services sectors.
jurisdiction.socialContributions Total employer social contributions approximately 34% of gross salary, covering pension, health, and unemployment insurance.
jurisdiction.keyRequirements
- Written employment contracts required
- Standard 40-hour working week
- Minimum 20 days annual leave
- Probation period up to 6 months
- Severance pay based on length of service
jurisdiction.establishingPresence
jurisdiction.companyFormation
jurisdiction.entityTypes
- DOO (Limited Liability Company)
- AD (Joint Stock Company)
- Branch Office
- Representative Office
jurisdiction.typicalTimeline
3-5 business days for standard company registration
jurisdiction.capitalRequirements
Minimum capital of €1 for DOO, no practical minimum for most businesses.
jurisdiction.compliance
jurisdiction.regulatoryEnvironment
jurisdiction.keyRegulators
- CRPS (Central Registry of Business Entities)
- Central Bank of Montenegro
- Tax Administration
- Capital Market Authority
jurisdiction.complianceNotes
- Annual financial statements submission
- Monthly tax and contribution reporting
- Tourism sector specific regulations
- Real estate registration requirements
jurisdiction.localExpertise
jurisdiction.ourPresenceIn Montenegro
We provide services in Montenegro through our regional network, supporting clients with accounting, tax, and corporate services. Our Serbian team coordinates Montenegro engagements with local regulatory expertise.
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jurisdiction.ctaTitlePrefix Montenegro jurisdiction.ctaTitleSuffix
jurisdiction.ctaDescPrefix Montenegro.
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