Taxes in Montenegro

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

Categories

Choose the area that interests you

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.