Income Tax rate in Montenegro 2023 | See Income Tax Calculator Here

Montenegro’s income tax rate in 2023! Are you a citizen or a Foreigner looking for the current Montenegro income tax rate is? Do you want to know the corporate income tax rates in Montenegro? In Montenegro, income tax is the tax on your earnings.

You may also be asking, Is Montenegro a tax haven? Does Montenegro tax foreign income? What is the corporate tax rate in Montenegro?

In this post, you will learn about the Montenegro income tax rate, cooperative taxation in Montenegro, the Montenegro VAT, and much more.

The income tax rate in Montenegro 2023

In Montenegro, all earned income is taxed at a flat rate from 10% to 30%.

  • The personal income Tax rate is 9%
  • The corporate tax rate is 15%
  • Sales tax is 21%

Any income earned from employment or performing services on Montenegro territory is considered Montenegron-source income, regardless of where or by whom it is paid.

Montenegro-source income includes rental income and money from the sale of real estate property in Montenegro.


Is Montenegro a tax haven?

Montenegro is not a tax haven. But the local tax system is very competitive

What is the corporate tax rate in Montenegro?

The corporate income tax rate which is fixed at 15% is applied to the taxable profit of the fiscal year (1 January to 31 December). Taxable profit is defined as gross income generated minus related tax deductible expenses.

Does Montenegro tax foreign income?

The Montenegro Residents are taxed on worldwide income; nonresidents are taxed only on Montenegro- source income.

Residence – An individual is a resident if he/she is in Montenegro for 183 days or more in a calendar year or if his/her center of vital interest is in Montenegro

We trust that this information on the income tax rate in Montenegro has been useful to you, feel free to leave your comment in the comment section and also do well to share this article with your friends.

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