VAT Archives | Elevate Public Relations Montenegro

The turnover of companies in Montenegro in 2022 amounted to around ten billion euros

The turnover of companies in Montenegro in 2022 amounted to 10.02 billion euros, as announced by Monstat. “The gross value of production in 2022 amounted to 6.68 billion euros, intermediate consumption 3.81 billion euros, while gross value added amounted to 2.87 billion euros,” states the announcement by Monstat published at the end of last year. […]

Montenegro’s Tax Incentives: Paving the Way for a Business-Friendly Environment and EU Collaboration

December 12, 2023

Montenegro, with its stunning landscapes and strategic location, is not only a tourist haven but also an increasingly attractive destination for businesses. Mercosur.me consultancy explains the tax incentives in Montenegro that contribute to its business-friendly environment and facilitate seamless collaboration with the European Union (EU). 1. Progressive Tax System: Montenegro boasts a progressive and competitive

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