Montenegro

Corporate - Significant developments

Last reviewed - 12 June 2024

In accordance with the proposed plan of the Montenegrin Government under the 'Europe Now' programme, the following major corporate tax law changes have been made in 2022:

  • New progressive corporate income tax (CIT) rate was introduced.
  • The withholding tax (WHT) and capital gains tax rate was increased.
  • New detailed transfer pricing rules have been introduced.
  • Transfer pricing documentation become mandatory.
  • Country-by-country (CbC) reporting has been introduced.
  • Health insurance liability has been abolished.