Tag: VAT

Montenegrin authorities address growing online shopping shipments and VAT changes amid quality concerns

Despite the significant increase in shipments ordered by Montenegrin citizens through e-platforms, especially AliExpress and Temu, Post of Montenegro surprisingly states that they do...

Montenegro’s tourism revenues decline amid rising costs and VAT hike concerns

In the first three quarters of 2024, Montenegro's tourism revenues amounted to €1.312 billion, which is €49.5 million less than in the same period...

Revenue and expenses for Smokovac-Mateševo highway since opening

Since the opening of the Smokovac-Mateševo highway section in July 2022, revenues from its use have exceeded €18 million, excluding VAT, according to information...

President asks government why it doesn’t reduce VAT instead of pension contributions

President Jakov Milatović has questioned why the Montenegrin government is opting to reduce pension contributions instead of lowering VAT. In his latest query, Milatović...
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Montenegro’s Vice President affirms pension security and economic policies

Vice President of the Montenegrin Parliament, Boris Pejović, assured the public that pension and disability insurance will not be abolished, and announced that the...

Navigating VAT policy: Challenges and proposals in Montenegro’s hospitality sector

Business leaders at a session of the Chamber of Economy's Tourism and Hospitality Association Committee voiced concerns over proposed increases in value-added tax (VAT)...
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