Browsing: shadow economy

The shadow economy in Montenegro has become a serious issue, undermining legal employers and hindering the country’s economic growth. Despite regular inspections of registered companies, illegal…

The government estimates that the scope of the shadow economy in the labor market has drastically decreased, with 74,000 people officially employed in the past three…

The Business Agenda 2025 analyzes issues and proposes solutions and priorities that the Union of Employers (UPCG) will focus on over the next five years to…

During a recent meeting between Tourism Minister Simonida Kordić and representatives from the Union of Employers (UPCG), it was emphasized that combatting the shadow economy must…

At a recent panel titled “Fiscal Strategy and Tax Compliance: A Partnership for Stable Economic Growth” during the XIX International Congress of Accountants and Auditors in…

Tourism and Hospitality Chamber of the Montenegrin Chamber of Economy (PKCG) President Ranko Jovović has brought attention to the significant problem of the shadow economy, which…

The Minister of Finance, Aleksandar Damjanović, announced that a number of legal changes are underway, which will result in a significant reduction in the rate of…

Today, the Parliamentary Committee for Economy, Finance and Budget supported a set of financial and tax laws, which, through higher taxation and the introduction and change…

The Ministry of Finance is preparing a set of laws and measures with the aim of increasing budget revenues, which will relate to higher taxation of…

Podgorica – The economic situation in the last year can be characterized as challenging, announced the president of the Chamber of Commerce (PKCG), Nina Drakić, and…