Taxes in Montenegro

Guide to tax obligations, procedures and calculators. Everything in one place.

Extended: 30 April 2026

Financial statements & PD for 2025 — extended

The Tax Administration further extended the deadline for filing financial statements and corporate income tax returns for fiscal year 2025 — submissions are timely if filed by 30 April 2026. The tax PAYMENT deadline remains 31 March 2026.

Extended: 30 April 2026

Annual financial statements 2025 — extended

Filing of annual financial statements for fiscal year 2025 has been extended to 30 April 2026 due to the IRMS portal transition.

Extended: 30 May 2026

GPP-FL filing for 2025 — extended deadline

Due to the transition to the new IRMS portal, the Tax Administration has moved the GPP-FL filing deadline for tax year 2025 to 30 May 2026. The tax PAYMENT deadline remains 30 April 2026.

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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 5.5%, health 4.5%, unemployment 0.5%). Employer: 0.5%.
What is the VAT registration threshold?
30,000€ annual turnover. Voluntary registration is possible with lower turnover.