Comprehensive list of taxes in Montenegro (2015)

Hi everyone, I thought I would share this with you, as this is a subject that many expats ask about.... Taxes !

So here is a comprehensive list of the taxes in Montenegro http://www.eurofast.eu/global/phocadown … rd2015.pdf

Here is the list of taxes that are detailed in this document:
1. Individuals
1.1 Personal Income Tax
1.1.1 Tax Rates
1.1.2 Taxable Incomes
1.1.3 Exempt Income
1.1.4 Deductible Expenses
1.1.5 Non-deductible Expenses
1.2 Social Security Contribution
1.3 Submission of Tax Returns
2. Corporate Taxation
2.1 Corporate Income Tax
2.1.1 Residency
2.1.2 Tax Rates
2.1.3 Taxable Incomes
2.1.4 Exempt Income
2.1.5 Deductible Expenses
2.1.6 Non-deductible Expenses
2.2 Withholding Taxes
3. Indirect Taxation
3.1 Value Added Tax (VAT)
3.1.1 VAT Registration Threshold
3.1.2 Rates
3.1.3 Exempted Supply of Goods & Services
3.2 Custom Duties
3.3 Excise Duties

And another document compiled by Deloitte: http://www2.deloitte.com/content/dam/De … s-2015.pdf

Voilà !

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Is a 'temporary resident' considered a resident or non resident for tax purposes?

If you live more than 183 days per year in Montenegro you are considered a resident here. http://www.eurofast.eu/global/taxation-mont

Hi Tsarine,

Could you help me with payments of private entrepreneur? It varies depending on revenue as far as I know, but i was not able to find amounts and limits

Thanks, Ivan

Hi Ivan
Your income as "Private Entrepreneur" is most likely subject to the "Personal Income tax" (9% and 13%) which is detailed in both documents I mentioned above.
- http://www.eurofast.eu/global/phocadown … rd2015.pdf Page 3
- http://www2.deloitte.com/content/dam/De … s-2016.pdf Page 2
If you're hiring an accountant, it's probably best to ask them to help you with that.

Yep, makes sense.

Thanks.