Europe

Montenegro

Corporate rate
15%
Top personal rate
15%
VAT / GST rate
21%
One-sentence summary Montenegro's corporate tax position: 15. Personal income tax: 15. VAT/consumption tax: 21.

Corporate Tax Rate

Montenegro's headline corporate income tax (CIT) rate is 15.

Personal Tax Rate

The headline personal income tax (PIT) rate is 15.

VAT / GST Rate

The standard VAT/GST (or equivalent consumption tax) rate is 21. Registration thresholds, zero-rated and exempt categories, and reduced rates vary by jurisdiction - see the source link below for the full detail on this jurisdiction.

Residency

An individual is a Montenegrin tax resident if they have domicile in Montenegro or their center of personal and economic interests is there, or if they spend at least 183 days in Montenegro in a tax year. Individuals posted abroad to work for a Montenegro-resident entity, individual, or an international organization are also treated as resident. Where a tax treaty applies, its residency rules govern. Residents are taxed on worldwide income (with a foreign tax credit capped at the Montenegrin tax that would apply); non-residents only on Montenegro-source income.

CFC Rules

Montenegro has no CFC rules.

Thin Capitalization

Montenegro has no thin capitalization rules. Interest and related costs on loans from related-party creditors are still generally deductible only where properly documented and business-related.

Treaty Network

Montenegro has signed double tax treaties with 44 countries, including most of Europe, China, Malaysia, Sri Lanka, and Turkiye. To claim treaty-reduced withholding, a non-resident must provide a tax residency certificate and demonstrate beneficial ownership of the income.

Source: PwC Worldwide Tax Summaries - Montenegro (secondary compilation, cited per jurisdiction). Rates last reviewed by PwC: 07 August 2026. Page last verified: August 07, 2026. General information only - confirm current rates and any specific position with a licensed advisor in this jurisdiction before relying on this page.