Corporate Profit Tax (Porez na Dobit Pravnih Lica) in Montenegro
Corporate entities in Montenegro (DOO / AD) are taxed under the modernized progressive scale of the Law on Corporate Profit Tax:
- Three-Tier Progressive Tax Slabs:
- Taxable Profit up to €100,000.00: 9.0% flat tax.
- Taxable Profit from €100,000.01 to €1,500,000.00: €9,000 + 12.0% on amount exceeding €100,000.
- Taxable Profit exceeding €1,500,000.00: €177,000 + 15.0% on amount exceeding €1,500,000.
- Dividend Withholding Tax (WHT): Flat 15.0% withholding tax on dividends and profit shares paid to resident individuals and foreign entities (Article 29).
- Loss Carry-Forward: Tax losses may be carried forward for up to 5 consecutive fiscal years.
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.