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…
[print_link] Dear clients, associates and friends We have already entered the two hottest months of the summer safely. This is a very special summer, in the midst of a pandemic, daunting most people at the thought of their summer vacations….
[print_link] Needless to say, a business requires a bank account in order to function properly. In certain instances, however, having to open a bank account is more complex that one would anticipate and, as such, requires reaching out to professionals…
[print_link] Montenegro was affected by the Covid-19 pandemic and crisis much like the rest of the world. This unprecedented situation has disrupted all aspects of economy, including the recently introduced Citizenship by Investment Program. However, its not only the Montenegro…
100 years after the Spanish flu, a new pandemic strikes the world, impeding free movement, considerably slowing down the world economy as well as seriously restricting the rights of the population. We are living in unprecedent times. It is becoming…
The USA E-2 is one of the most popular residencies permits for entrepreneurs looking to invest in – and reside in -the land of opportunity. The E-2 is a non-immigrant visa, granting the holder temporary residency in the USA for…
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…