Annual Paid Leave & Public Holidays Under the Labor Law of Montenegro
Vacation rights in Montenegro are codified in Articles 79–88 of the Labor Law of Montenegro:
- Minimum Annual Leave Entitlement: Every employee is entitled to at least 20 working days of paid annual vacation per year (accruing at approx. 1.67 days per month).
- Official Public Holidays: Work performed on statutory state or religious holidays must be compensated with an enhanced wage of at least 150.0% of regular pay.
- Encashment Restriction: Financial compensation for unused annual leave is legally prohibited during the employment relationship and may only be paid upon termination of the contract.
Statutory Regulatory Framework: Compliant with the Law on Personal Income Tax (Evropa Sad), Law on Corporate Profit Tax, Labor Law of Montenegro, and regulatory decrees issued by the Revenue and Customs Administration (UPC) and REGAGEN.