Europe · Tax guide
Montenegro
Montenegro uses the euro and taxes company profits at progressive rates of 9% up to €100,000, 12% up to €1.5 million, 15% above. VAT is 21% once turnover passes €30,000, and taxes are administered by the Tax Administration (Poreska uprava).
At a glance
- Corporate profit tax
- 9% up to €100,000, 12% up to €1.5 million, 15% above
- VAT
- 21%
- VAT registration
- €30,000
- Withholding on payments abroad
- 15%
Progressive bands
Two reduced rates
Annual turnover
Before treaty relief
Profit tax
Companies pay profit tax in bands of 9% up to €100,000, 12% up to €1.5 million, 15% above. The annual return is due by 31 March.
VAT and fiscalisation
VAT is 21%, with reduced rates on food, medicines and tourism. Registration is required once annual turnover exceeds €30,000. Returns are filed monthly by the 15th, and every invoice is fiscalised in real time with the Tax Administration.
Payments abroad
Dividends, interest, royalties and services paid to non-residents carry 15% withholding unless a treaty lowers it.
Key dates
- By the 15th of each monthVAT return
- 31 MarchAnnual profit tax return
Figures and sources
4 figures- Corporate profit tax rates9% up to €100,000, 12% up to €1.5 million, 15% aboveUnder professional review
- Standard VAT rate (15% and 7% reduced)21%Under professional review
- Annual turnover above which VAT registration is required€30,000Under professional review
- Withholding on dividends, interest, royalties and services paid to non-residents15%Under professional review
Indicative only. This assessment is a high-level overview of tax obligations in Montenegro based on the information you provided and rules in force for 2026. It is not tax or legal advice. Consult a qualified tax adviser in Montenegro (a Montenegrin tax adviser) before making compliance decisions.