The Law on Value Added Tax in Montenegro prescribes the VAT rate of 21%. VAT is calculated and paid at the general rate of 21% of all trade in products, services and imports of products, except for trade in products, services and imports…
Montenegro has been recognized in recent years as one of the best countries to invest in, mainly because of its political stability, liberal economic regime of foreign trade, favorable tax policy (9% income tax, 7/21% VAT, 9% personal income tax)…
In light of the new developments related to the Covid-19 pandemic and the preservation of economic activity, Montenegro has introduced new amendments to the Law on Value Added Tax, specifically for services of preparation and serving of food and beverages…
A recent Decision that clearly prescribes the criteria, method and procedure for selecting the person submitting the application – an Applicant – has been adopted in line with The Montenegrin Citizenship Act. The Act was recently amended and brought positive regulations to…
Montenegro became attractive following its introduction of the Citizenship by Investment Program whichofficially began this year. In addition to the very well structured investment criteria, Montenegro enjoys a stable political situation, favorable tax system and attractive geographic position in the…
The long-awaited Citizenship by Investment Program implementation has reached a milestone moment by starting to accept applications. Let us review and outline the precisely set criteria for this program.The program is limited to just 2,000 applicants and offers the following…
The long-awaited Citizenship by Investment Program implementation has reached a milestone moment by starting to accept applications. Let us review and outline the precisely set criteria for this program. The program is limited to just 2,000 applicants and offers the…
Eurofast recently launched its new website eurofast.eu. The new website offers improved navigation and functionality, creating a user-friendly environment for visitors. The newly redesigned website ties together all of our offices into one location and allows visitors to experience and…
The Citizenship by Investment industry is constantly growing. Along with the industry, the number of licensed companies – as well as of those that are not credible – is increasing. Such an expansion understandably provokes the doubt among citizenship and…
This small Mediterranean country – known as the perfect blend of gorgeous coastline and dramatic mountains – has much more to offer then meets the eye. In terms of the business climate, significant progress has been made in the last…