Income

Income Tax in Montenegro

Complete guide to calculating and filing personal income tax in Montenegro. Rates 0/9/15%, personal allowance €700, surtax 10-15%, contributions 10.5%.

Monthly (by the 15th)
Depends on salary
7 steps
Updated: 16.08.2026

Key facts

  • Rates 0/9/15 %; personal allowance €700 a month (€8,400 a year).
  • Employer files and pays monthly by the 15th (IOPPD) for the prior month.
  • Self-employed: 0 % to €8,400, 9 % to €12,000, 15 % above — annual.
  • Municipal surtax adds 10–15 %; annual GPP-FL return due by 30 April.

Procedure

Gross salary is the contractually agreed amount of the employee's earnings before all deductions. This is the starting point for calculating all taxes and contributions.

Employer / accountant
Employment contract

Mandatory social contributions are deducted from the gross salary: pension insurance (PIO) 10% and unemployment 0.5%, totalling 10.5%. Health insurance contribution was abolished in January 2022.

Employer / accountant

The personal allowance (non-taxable portion) is €700 per month (€8,400 per year). It is subtracted from the amount after contributions to obtain the tax base.

Employer / accountant

Progressive rates are applied to the tax base (gross - contributions - personal allowance): 9% on the first €300 of the base and 15% on the remainder. If the base is negative or zero, the tax is €0.

Employer / accountant

A municipal surtax is applied to the calculated tax amount. The rate depends on the municipality: Budva 10%, Bar and most municipalities 13%, Podgorica and Cetinje 15%. The surtax is calculated on the tax, not on the income.

Employer / accountant

The IOPPD (Individual Consolidated Tax and Contributions Return) is filled out for each employee and submitted electronically to the Tax Administration. It contains data on gross salary, contributions, tax and surtax. This step is performed by the employer / accountant — the employee does nothing. Use our payroll wizard to compute every figure that goes into the IOPPD form.

Employer / accountantBy the 15th of the month for the previous month
IOPPD form

The return is submitted electronically via the eUprava portal or the Tax Administration e-Tax system.

The annual tax return for individuals (GPP-FL) is filed by April 30 for the previous calendar year. It covers all income sources: salaries, self-employment, capital and property income.

TaxpayerBy April 30
GPP-FL formSalary payment certificates

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Income tax rates

Monthly incomeRate
Up to €700 (personal allowance)0%
€700 — €1,0009%
Over €1,00015%

Income tax on self-employment (entrepreneurs) — annual, from 1 Jan 2026

Annual taxable incomeRate
Up to €8,4000%
€8,400.01 — €12,0009%
Above €12,00015%
Occasional self-employment (service contracts etc.)15% (after 30% standard costs)

Surtax rates by municipality

MunicipalitySurtax rate
Budva10%
Bar, other municipalities13%
Podgorica, Cetinje15%

Employee contributions (from Oct. 2024)

TypeRate
Pension (PIO)10%
Health0% (abolished Jan. 2022)
Unemployment0.5%
Total employee10.5%

Appendices to GPP-FL — when each is filed

AppendixSituationRate / regime
ASelf-employment income — double-entry bookkeeping0% up to €8,400 · 9% €8,400–12,000 · 15% above €12,000 (annual)
PPGCarry-forward of prior-year business losses (attached to A)—
A1Contribution calculation for self-employment (attached to A)60/100/150% of avg. salary × months worked
BDomestic property income (rentals — residential, commercial, tourist)15% after standard deductions (30%, 50% or 70%)
B1Tenant's withholding-tax report (attached to B)—
CDomestic capital gains (sale of real estate, shares, securities)15% on (total gains − total losses)
DDomestic sports income15% after 30% standard deductions (amateur 90%)
D1Payer's withholding-tax report (attached to D)—
ECopyright, patents, trademarks, self-employed expert — domestic15% after 30 / 50 / 60% standard deductions
E1Payer's withholding-tax report (attached to E)—
FALL income earned OUTSIDE Montenegro (rows 1–9)Row 1 (salary): per-month 0/9/15% at €700/€1,000. Rows 2–9: flat 15%.
GSalaries from TWO OR MORE employers in Montenegro (combined gross > €700 in at least one month)Tax Administration assesses tax itself — you only attach OPD-2
HOccasional self-employment + internet + gaming in Montenegro (no withholding)15% after 30% standard deductions (internet 15%, gaming 20%)

Additional notes

Special deductions: voluntary pension contributions (up to €200/month), medical treatment and medication costs, donations to humanitarian organisations (up to 3% of taxable income).

Entrepreneurs (self-employment) pay a monthly tax advance of 1/12 of the previous year's liability by the end of the current month for the previous month (Art. 48(2) PIT Law), and file the annual calculation with the GPP-FL by April 30. Annual self-employment rates from 1 Jan 2026 (Off. Gazette 160/25): 0% up to €8,400, 9% from €8,400.01 to €12,000, 15% above €12,000.

Appendix F is filed ONLY for income earned OUTSIDE Montenegro. The same type of domestic income goes into the letter-coded appendices: property → B, capital gains → C, sports → D, copyrights → E, occasional self-employment / internet / gaming → H. The same taxpayer may file both a domestic appendix and Appendix F simultaneously for the same type of income.

Per-month calculation applies ONLY to foreign salary income (Appendix F, row 1) — the €700 and €1,000 thresholds are monthly. All other sources in F (rows 2–9) and all domestic appendices B/C/D/E/H use a flat 15% on the annual amount after standard deductions.

From 19 Nov 2025 (Sl. list CG 133/25): interest on debt securities (bonds) issued by the state, the Central Bank of Montenegro, or local government is NO LONGER taxed as capital income — it was previously taxed at 15%.

Required Documents

  • IOPPD form (monthly tax and contributions return)
  • GPP-FL form (annual personal tax return)
  • Employment contract
  • Salary payment certificates

FAQ

What is the income tax rate?+

Progressive: after contributions and the €700 personal deduction, the first €300 of the base is taxed at 9% and the remainder at 15%. If the base is zero or negative, the tax is €0.

What is the personal deduction?+

A tax-free portion of income of €700 per month (€8,400 per year). It is subtracted after contributions to arrive at the tax base.

What is the municipal surtax and how much is it?+

A municipal add-on computed on the tax amount (not on income): Budva 10%, Bar and most municipalities 13%, Podgorica and Cetinje 15%.

When is the annual GPP-FL return due?+

By 30 April for the previous calendar year. It covers all income sources: salaries, self-employment, capital and property income.

Which deductions reduce the tax?+

Voluntary pension insurance contributions (up to €200 per month), medical treatment and medicine costs, and donations to humanitarian organisations (up to 3% of taxable income).

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