Fiscal subject related
Also, we can determine that the main functions of this portal are the registration of: fiscalization subject-retailer (taxpayer), SW which will be used by the retailer on a particular basis and its maintainer, operators and cashiers, and store-business premises. Those are very important elements of the fiscalization system in Montenegro, and every change must be reported as well.
Other news from Montenegro
Montenegro Clarifies Deadlines and Support for New IRMS Tax System Implementation
Montenegro
Author: Ljubica Blagojević
Montenegro’s Tax Administration confirmed that it is actively communicating with taxpayers and accountants about the new IRMS system and working to resolve technical issues. Delays caused by objective technical problems will be reviewed individually, but tax obligations and legal deadlines remain in force. The Administration will not introduce a general suspension of deadlines or broad paper-based... Read more
Montenegro Proposes Draft Law to Align VAT Rules with EU Standards Ahead of Accession
Montenegro
Author: Ljubica Blagojević
Montenegro has proposed a draft law to align its VAT cooperation rules with EU Regulation No. 904/2010. The bill would introduce electronic record submission, cross-border VAT information exchange, joint audits, electronic VAT certificates, and use of the EU’s secure CCN/CSI network. It would apply once Montenegro joins the EU and aims to strengthen VAT fraud prevention and EU-level tax cooperatio... Read more
New document was uploaded: System comparison - comparison between Federation of BiH, Montenegro and Croatia
The purpose of this document is to provide the most important information, that is the comparison between fiscal laws in the Federation of BiH, Montenegro and Croatia. The document itself will include all relevant information from the most important laws that regulate this matter and provide insight into the similarities and differences between all three fiscal systems. Read more
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Already subscriber? LoginMontenegro Extends Deadline for Activity Code Alignment under KD 2025
Montenegro
Author: Vukašin Santo
The Ministry of Finance of Montenegro has extended the deadline for aligning activity codes with KD 2025 from 30 March to 30 June 2026, giving businesses additional time to comply with the updated classification requirements. Ministry of Finance of Montenegro has announced an extension of the deadline for businesses to align their activity codes with the new Classification of Activities – KD... Read more
Montenegro Advances Digital Business Registration with CRPS Digitalization Training
Montenegro
Author: Vukašin Santo
Montenegro has launched a training initiative to support the digitalization of business registration documents within the Central Register of Business Entities (CRPS), involving key institutions such as the Ministry of Finance of Montenegro and the Tax Administration of Montenegro. Read more
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Already subscriber? LoginIKOF Code Plays Key Role in Fiscalization and Receipt Identification
Montenegro
Author: Vukašin Santo
The IKOF is a unique 32-character code generated by the POS for each receipt, ensuring traceability, linking transactions to the taxpayer, and serving as a mandatory element on fiscal receipts. Read more
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Already subscriber? LoginMontenegro -reminder: Proper Handling of Return Transactions Under Fiscal Rules
Montenegro
Author: Vukašin Santo
Return transactions are formal fiscal operations and must be processed through a Void (corrective) receipt containing negative values and a reference to the original fiscal document. Only previously fiscalized receipts with a valid JIKR can be corrected, and each corrective receipt must include the original receipt’s IKOF to ensure traceability and audit integrity. Read more