Company

Lump-Sum Taxation for Entrepreneurs

Guide to lump-sum taxation for entrepreneurs in Montenegro. Fixed monthly amount, €18,000 turnover threshold, ZPO form, approval process.

15 days for approval
Fixed monthly amount (depends on activity)
4 steps

Procedure

The entrepreneur must have annual turnover up to €18,000 and perform an activity eligible for lump-sum taxation. Not available for all activities (e.g., not for high-turnover freelance professions).

Entrepreneur

The €18,000 threshold refers to total annual turnover.

Required Documents

  • ZPO form (application for lump-sum taxation)
  • Entrepreneur registration certificate
  • Tax Authority decision on lump-sum amount

Competent Institutions

Lump-sum vs regular taxation

CriterionLump-sumRegular
Turnover thresholdUp to €18,000/yrNo limit
Tax calculationFixed monthly amount9-15% on taxable income
BookkeepingIncome book onlyFull accounting
Expense deductionsNoYes

Additional notes

If turnover exceeds €18,000 during the year, the entrepreneur loses lump-sum status and switches to regular taxation.

Lump-sum taxation is suitable for small entrepreneurs with low operating costs.

Contributions (pension 10% + unemployment 0.5%) are paid in addition to the lump-sum tax.