Guide to Life in Montenegro
Practical guides on immigration, taxes, real estate, labour law and everyday life in Montenegro.
Tax System of Montenegro
Progressive corporate tax 9โ15%, VAT 21%, social contributions, real estate tax.
Personal Income Tax Return
Who must file, deadline April 30, form GPP-FL with appendices AโG, payment within 10โ12 days.
Recognition of Foreign Documents
Three levels: no legalisation (Russia, Ukraine etc.), apostille, full consular legalisation.
Employment Record Book (Radna knjiลพica)
Required documents, filling in the form, verification at the municipality โ window โ8.
Transfer Pricing
Arm's length principle, 5 methods, deadline June 30, from โฌ1,500 at local consultants.
Montenegro Macroeconomic Indicators 2024
GDP +3%, inflation 3.3%, average wage โฌ876, employed 257,390 people.
Buying Real Estate in Montenegro
Step-by-step guide: goals, search, legal check, deposit, notary, title registration.
Legal and Government System
A cycle of 17 articles: constitution, parliament, courts, electoral system.
Tax Harmonisation with the EU
Chapter 16 negotiations, the 2026 VAT reform, the 15% global minimum tax โ what is changing for business in Montenegro on the eve of EU membership.
Employment Contract Termination
Redundancy, liquidation, violations โ notice periods and compensation for each ground.
Pros and Cons of Living in Montenegro
Climate, low taxes, easy residence permit โ and seasonal economy, bureaucracy, limited job market.