Tag: VAT rate

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Call for VAT cut and strategic reforms to boost Montenegro’s tourism season

The tourist season is already seriously affected, and the final results will be known by the end of September, said Petar Odžić, deputy president...

Ministry of Finance rejects VAT cuts on food amid calls for price relief

The Ministry of Finance (MF) of Montenegro does not plan to reduce the VAT rate on fruits, vegetables and meat products, despite suggestions from...

New legislation introduces changes in taxes and excise duties

Montenegro's Parliament has approved a new set of economic laws, effective September 1. Key changes include reducing pension contributions for both employers and employees,...

Montenegro considers implementing single VAT rate for hospitality and accommodation

Montenegro's government may soon approve the introduction of a single VAT rate of 15% for the hospitality, hotel and accommodation sectors, as suggested in...
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