Taxes in Montenegro

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FAQ

What is the income tax rate?
Progressive: 9% on taxable income of 700–1,000€/month, 15% above 1,000€. Personal deduction is 700€.
What is the VAT rate?
Standard 21%, reduced: 15% (tourism), 7% (groceries, medicines, books), 0% (exports).
When do you become a tax resident?
By staying 183+ days in Montenegro or having the center of life/economic interests here.
How much are social contributions?
Employee: 10.5% (pension 10%, unemployment 0.5%; the health contribution is abolished). Employer: about 0.7%.
What is the VAT registration threshold?
30,000€ annual turnover. Voluntary registration is possible with lower turnover.
How often is the VAT return filed?
Always monthly — the tax period is the calendar month. The PR PDV-2 return is filed electronically by the 15th of the month for the previous month and VAT is paid by the same day; it is filed even if there is no VAT to pay. There is no quarterly return.
What is the threshold for lump-sum taxation of entrepreneurs?
Turnover up to 30,000€ in the previous year (since 1 Jan 2025). The ZPO application is filed by the end of January; new entrepreneurs within 5 days of registration. VAT-registered entrepreneurs and excluded activities (lawyers, accountants, consultants, trade, hospitality etc.) cannot use it.
How much is the tourist (sojourn) tax and who pays it?
Each municipality sets it within 0.10–1.00€ per person per night. The accommodation provider collects it with the accommodation price and shows it separately on the bill, registers guests within 24 hours and files a monthly report by the 15th for the previous month. Children under 12 are exempt; ages 12–18 pay 50%.