Tag: shadow economy

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

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

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

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...

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

The Business Agenda 2025 analyzes issues and proposes solutions and priorities that the Union of Employers (UPCG) will focus on over the next five...
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Strengthening the fight against the shadow economy in Montenegro’s tourism sector

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

Panel on Fiscal Strategy highlights goals for economic growth in Montenegro

At a recent panel titled "Fiscal Strategy and Tax Compliance: A Partnership for Stable Economic Growth" during the XIX International Congress of Accountants and...
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