Property
Rental Income Tax
Guide to rental income taxation in Montenegro. Rates 9-15%, monthly filing, personal deduction, required documentation.
Monthly filing
9-15% of rental income
4 steps
Procedure
The landlord must register the lease agreement with the Tax Authority. The contract should contain details about the landlord, tenant, property, monthly rent amount, and lease duration.
LandlordWithin 15 days of signing
Lease agreementProperty ownership document
Required Documents
- Lease agreement (registered with Tax Authority)
- Rental income tax return
- GPP-FL form (annual tax return)
- Rent payment records
Legal Basis
Competent Institutions
- Tax Administration of Montenegro
Lease registration, tax filing and collection
Rental income taxation
| Parameter | Detail |
|---|---|
| Tax rate | 9% (up to €1,000) / 15% (above €1,000) |
| Flat-rate cost deduction | 20% of gross rent |
| Personal allowance | €700/month |
| Surtax | 10-15% (depends on municipality) |
| Filing deadline | By the 15th of the month |
Additional notes
Failing to register a lease agreement incurs monetary fines.
If the landlord is a VAT payer (turnover above €30,000), VAT is also charged on rent.
Short-term rental income (tourist accommodation) has a special tax regime.