Thinking of contracting?
From early planning advice to emergency payroll for imminent work, Link Global Management can help you with your work arrangements.
Get in touch with one of our advisors now using the phone number at the top of the page, or use our online form and email services.
Payroll Services for
Montenegro Contractors
Employment status in Montenegro
Thinking of contracting?
From early planning advice to emergency payroll for imminent work, Link Global Management can help you with your work arrangements.
Get in touch with one of our advisors now using the phone number at the top of the page, or use our online form and email services.
Link Global Management can provide a full range of payroll services in Montenegro. The individual will be engaged on our payroll and income is paid in the form of salary, allowances and expenses, the proportion of each part depending on individual circumstances.
Salary, Tax & Social Security
Link Global Management deducts tax and social security at source on a PAYE basis, and payments are made to the relevant authorities on the employee's behalf. The taxable amount may be reduced by offsetting certain business expenses. There are different tax rates and bands according to earnings level and marital/family status.
Link Global Management will discuss your personal circumstances with you and help you to minimise your tax and social security liabilities, within the boundaries of Montenegrin legislation.
Tax Returns
Income is managed tax efficiently, not just in Montenegro but also in any other country where there may be a liability. A tax return is filed each year in Montenegro with advice and assistance from Link Global Management who will also provide help with filing tax returns elsewhere, if required.
Income tax in Montenegro
For Montenegrin tax resident individuals, a 9% rate applies to annual worldwide income from sources specified in the tax law. This rate also applies to income realized in Montenegro by nonresident individuals.
Surtax. Municipalities are entitled to impose a surtax on salaries, self-employment income, income from property and property rights, as well as on investment income of individuals residing in their territory. The surtax is imposed at a rate of 15% in Cetinje and Podgorica, and at a rate of 13% in other municipalities.
Residents are subject to tax in Montenegro on their worldwide income. Non residents are subject to tax on Montenegrin-source income.
Individuals are considered to be residents for tax purposes if they have a domicile, residence or center of business and vital interests in Montenegro or if they spend more than 183 days in Montenegro within a tax year, which corresponds to the calendar year.
Thinking of contracting in Montenegro?
