Montenegro

Montenegro 21% VAT 2018

August 26th, 2017

The VAT law in Montenegro has been updated by the parliament to include a rise in the VAT rate from 19% to 21%.  The change will come into effect on 1 January 2018. The place of supply rules for services have also been changed on B2B supplies has been changed from the location of the …


Montenegro

Montenegro forced into emergency 2% VAT rise

May 30th, 2013

The Montenegro government has rushed through an emergency 2% rise in its Value Added Tax rate this Tuesday under pressure from the International Monetary Fund.  The effective date will be 1 July 2013. The rise will take the VAT rate to 19%, still below the EU average VAT rate of over 21%. The IMF has …