Corporate - Significant developments

Last reviewed - 21 April 2023

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:

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