Browsing: VAT

Montenegro’s Ministry of Finance, led by Novica Vuković, has made it clear that there are no plans to raise the value-added tax (VAT). In an interview…

Montenegro’s hospitality industry is grappling with potential discrimination and unfair competition due to the prevailing provisions of the Value Added Tax (VAT) Law. Under these regulations,…

In January, the Ministry of Finance reported a budget surplus of 16.3 million EUR, equivalent to 0.2% of the estimated Gross Domestic Product (GDP). The data…

The turnover of companies in Montenegro in 2022 amounted to 10.02 billion euros, as announced by Monstat. “The gross value of production in 2022 amounted to…

In the first 11 months, considering the realization of revenues and expenditures, a budget surplus of 158.5 million EUR or 2.6% of the estimated gross domestic…

The government has decided to increase the value-added tax (VAT) rate in the hospitality sector from 7 to 21 percent, returning it to the level it…

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…

According to the data of the Ministry of Finance, in the first quarter of 2023, total budget revenues were at the level of EUR 545.7 million,…

The three main categories of Montenegrin budget income in 2023 will be almost half a billion euros higher, compared to the same categories in 2019, the…

The value of completed construction works in the first quarter of this year is seven percent lower compared to the same period last year, while they…