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Europe

Montenegro

Currency

EUR

Corporate Tax

15%

Personal Income Tax

15%

VAT / GST

21%

Corporate Income Tax

Headline rate15%

Standard 15%; 9% for companies in less-developed municipalities.

Personal Income Tax

Top marginal rate15%

Top rate 15% (9% on average wage); progressive.

Value Added Tax / GST

Standard rate21%

Standard 21%; 7% and 0% reduced.

Withholding Taxes

Dividends

15%

Interest

15%

Royalties

15%

Rates shown are statutory; treaty networks may reduce withholding significantly. Verify against the relevant double-tax agreement.

Social Security Contributions

~29% total (employer ~15.8% + employee ~13%).

Wealth & Capital Taxes

Capital Gains Tax

15% (income)

Inheritance / Estate Tax

0–5%

Capital (Net Worth) Tax

0%

Property Tax

Property tax

Rates are indicative headline figures and may omit holding-period exemptions, regional variation, and surcharges. Verify against current law before relying on them.

Filing Deadlines

Corporate returnWithin 3 months after year-end; quarterly instalments
Personal / PAYEWithheld monthly; annual return by 30 April following year
VAT / GSTMonthly, by 15th of following month

Tax Year

Calendar year

Notes

Tourism and underdeveloped areas incentives. 9% CIT for qualifying regions.