Montenegro’s Tax Administration carried out 2,628 inspections between 1 May and 24 August 2026, identifying 504 irregularities and issuing 743 offence orders worth €2.528 million. A total of 61 businesses were temporarily closed during the period. The enforcement figures coincide with a growing reliance on risk analysis when selecting taxpayers for inspection. Previous violations, indications of unrecorded turnover and failures to issue fiscal receipts are among the factors used to identify potential compliance risks.
The shift is increasing the importance of continuous tax and financial controls for businesses. Sales records, fiscal invoices, inventory, payroll, VAT reporting and cash transactions can increasingly need to be reconciled across interconnected systems.
This is creating potential demand for a local RegTech and compliance-technology market, particularly among small and medium-sized enterprises. Large companies generally have finance teams, internal controls and enterprise software, while smaller retailers, restaurants, service providers and family-owned businesses may rely on more fragmented systems. Errors involving invoices, point-of-sale systems, employee registration or fiscalisation procedures can nevertheless create regulatory exposure.
Compliance software could therefore expand beyond basic accounting and invoicing. Businesses could use automated dashboards to compare fiscalised sales, bank receipts, inventory and tax obligations, while receiving alerts when records no longer reconcile.
Payroll represents another potential area, particularly for labour-intensive businesses where working hours, employment contracts, social contributions and payroll records must remain aligned. Accounting firms could also expand from bookkeeping into outsourced compliance services. Regular reviews based on the Tax Administration’s risk categories could cover fiscalisation, VAT, employment records, cash handling, inventory documentation and previous regulatory findings.
The €2.528 million in offence orders issued in less than four months demonstrates the financial consequences of compliance failures. Temporary closures can create additional costs through lost revenue while payroll, rent and other fixed expenses continue. This increases the economic incentive for businesses to invest in compliance systems and periodic reviews. Montenegro’s relatively small market could also support locally tailored software reflecting national fiscalisation rules, tax procedures and reporting formats. Accounting firms could use such technology to manage more clients without increasing staffing at the same rate. A broader ecosystem could emerge involving software developers, cloud-accounting providers, payment processors, accountants and tax consultants. Banks and payment companies could also provide additional transaction data for reconciling declared turnover with cash flows, subject to applicable privacy and data-use requirements.
For smaller businesses, fragmented systems and price sensitivity remain potential barriers to adoption. Subscription-based products combining accounting functions with automated compliance controls could therefore become an important model.
As tax enforcement becomes increasingly targeted and data-driven, the demand for systems capable of identifying and correcting discrepancies before inspections is also increasing. The resulting market extends from RegTech and automated fiscal compliance to outsourced tax-control and pre-inspection services, particularly for Montenegro’s SME sector.
