Montenegro’s estimated shadow economy among registered private businesses and entrepreneurs has declined from 20.6% to 12.4% of GDP, while informal employment and partially undeclared wages have…
Browsing: taxation
Montenegro’s Employers Federation has submitted 13 proposals to limit the impact of planned wage increases on businesses, including minimum salaries of €800 and €1,000 from January…
Informal economic activity among registered private companies and entrepreneurs in Montenegro declined to 12.4% of GDP in 2026, from 20.6% in 2022, according to an Ipsos…
Montenegro’s Parliament has adopted a new Value Added Tax (VAT) Law that will replace the country’s existing VAT framework once Montenegro becomes a member of the…
Montenegro has started implementation of a new Excise Movement and Control System (EMCS) designed to bring the movement of fuel, tobacco and alcohol products under a…
Montenegro’s Tax Administration identified irregularities among 213 taxpayers during a seasonal inspection campaign conducted from 1 May to 16 July, with authorities issuing infringement orders carrying…
Finance Minister Novica Vuković and Czech Ambassador to Podgorica Janina Hrebičkova today signed an agreement between Montenegro and the Czech Republic on the elimination of double…
Montenegro has undertaken significant efforts to improve its business environment and attract foreign investment. The government has implemented several reforms aimed at simplifying administrative procedures, reducing…
Montenegro, with its stunning landscapes and strategic location, is not only a tourist haven but also an increasingly attractive destination for businesses. Mercosur.me consultancy explains the…
The amendment to the Law on Illegal Business, which introduced the obligation for employers to pay a 15 percent tax on loans they give to related…
