Browsing: VAT tax

The president of the Montenegrin Tourist Association (CTU), Žarko Radulović, stated that the Montenegrin tourism sector is on the verge of collapse due to increased value…

After Temu, another Chinese online shopping app has become available in Montenegro. This time, it is Shein, a global leader in fast and affordable fashion. The…

The increase in the tourism tax rate is a direct blow to the backbone of Montenegro’s economy, said Mirko Stanić, President of the Main Board of…

The recent decision by the Montenegrin Parliament to increase VAT on the tourism sector from seven to 15 percent has raised significant concerns among tourism professionals.…

Montenegro’s President Jakov Milatović has expressed concerns about the decline of social dialogue in the country following the recent session of the Social Council. Milatović criticized…

Petar Odžić, Vice President of the Social Democratic Party (SDP) and European Union representative, has criticized the proposed increases in Value Added Tax (VAT) and excise…

The proposed fiscal strategy outlines a significant change: the removal of the current VAT exemption for international shipments valued up to 75 euros. Under the new…

The draft fiscal strategy suggests raising the VAT rate on books and print media from 7% to 15%. This move contrasts with the common practice in…

Montenegrin hoteliers are facing significant concerns as most have already sold their packages for the upcoming year, assuming a 7% VAT rate on accommodation. The impending…