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

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

Calculator

Calculate your obligations

Open calculator

Interactive form

Fill out the form step by step and download the ready document

Fill the form

Income tax rates

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

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 submit advance returns by the 15th of each month and the annual calculation by April 30.

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.

Required Documents

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