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Montenegro

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Tax authorities

Ministry of Finance
Stanka Dragojevica br.2
Tel: +382 20/ 224 581
Fax: +382 20/ 224 450
Email: mf@mn.yu
Website: www.gov.me/minfin

Inland Revenue Agency of Montenegro
Put Radomira Ivanovica 2
Tel:+382 20 448-168
Email: gordanas@mn.yu
Fax: +382 20 448-234
Website: www.poreskauprava.vlada.cg.yu/

Tax rates at a glance

(As of August 14 2009) 

Corporate income tax rate 9%
Capital gains tax rate 9% (a)
Branch tax rate no

Withholding tax
 
(b)
Dividends 9%
Interest 5%
Royalties from Patents and licences 9%
Branch remittance tax No

Net operating losses (years)
Carryback No
Carryforward 5

(a) 50% of capital gains are taxed at 9% rate of taxable income in the year which they derived
(b) The withholding tax rate may be reduce if favorable tax treaty exist

Source: Professionals from Eurofast Global, the Cyprus member of Taxand, the global network of leading independent tax firms

Montenegro

Sead Dado Salkovic
Eurofast Global
Montenegro

Sead Dado Salkovic of Eurofast Global analyses the tax steps the Montenegro government has taken to attract foreign investment, particularly in the real estate sector

[Show full article]

See also

Montenegro
Central and Eastern Europe (Regional Rankings)