As of 1st January 2022, the Montenegrin taxation system is progressive, meaning that the tax paid on personal and corporate income is determined by the level of your income. And still, Montenegro taxes are one of the lowest in the whole of Europe, making this beautiful Mediterranean country a great place to relocate or start a business.
The most important consequences of this change are the progressive tax rates for salaries and capital gain, the abolishment of health insurance liabilities, and the increase of the withholding capital gains tax rate.
If you’re interested in making an investment in the real estate market or any other type of business in Montenegro, we’re here to help. Continue reading and learn everything about taxes in Montenegro you need to know.