Tag: shadow economy

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Montenegro strengthens fight against illegal tobacco trade, boosts excise revenues

04/06/2025

The Ministry of Finance and the Government of Montenegro remain strongly committed to combating the shadow economy, increasing transparency, and creating fair business conditions,...

Montenegro’s Tax Administration focuses on tackling shadow economy through digitalization and reforms

12/05/2025

In Montenegro, the shadow economy remains a significant challenge, requiring a systemic approach to tackle the issue, according to the Director of the Tax...

The shadow economy in Montenegro: A growing threat to legal employers and economic development

24/03/2025

The shadow economy in Montenegro has become a serious issue, undermining legal employers and hindering the country's economic growth. Despite regular inspections of registered...

Government efforts to tackle shadow economy in Montenegro’s labor market

17/03/2025

The government estimates that the scope of the shadow economy in the labor market has drastically decreased, with 74,000 people officially employed in the...

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UPCG unveils Business Agenda 2025 to tackle key challenges and boost Montenegro’s economy

13/02/2025

The Business Agenda 2025 analyzes issues and proposes solutions and priorities that the Union of Employers (UPCG) will focus on over the next five...

Strengthening the fight against the shadow economy in Montenegro’s tourism sector

30/10/2024

During a recent meeting between Tourism Minister Simonida Kordić and representatives from the Union of Employers (UPCG), it was emphasized that combatting the shadow...

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Tag: shadow economy

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