Montenegro

Individual - Other tax credits and incentives

Last reviewed - 29 July 2020

Tax incentive for self-employed individuals in a non-developed region

A self-employed individual who starts one’s business in a non-developed region is tax exempted for eight years from establishment. Tax exemption is limited to EUR 200,000 for the eight-year period.

Note that this tax incentive is not applicable to taxpayers operating in the sector of primary production of agricultural products, transport, shipbuilding, fishery, and steel production.