The Revenue and Customs Administration reminds taxpayers of the provisions of the Law on Value Added Tax, the delayed application of which begins on January 1, 2024, and which provides that the turnover of food and clearly specified types of drinks in catering establishments categorized as restaurants and catering establishments be subject to a reduced VAT rate of 7%. The Law on Value Added Tax clearly defines the types of turnover of products and services for which the value-added tax is calculated at a reduced rate of 7%, as well as other acts that precisely contain definitions about certain types of products and places where they will be used.
VAT changes in Montenegro from 2024
Public
Montenegro
Author: Kristina Dosen
Category:
Fiscal subject related
General information
Views:
1139
Content accuracy validation date:
14.02.2024
Content accuracy validation time:
08:18h
Therefore, the services of preparing and serving food and beverages and beverages except alcoholic beverages, carbonated beverages with added sugar, as well as beverages with added coffee until the end of 2023 are taxed at a reduced rate of 7% in all catering facilities, while from the beginning of 2024 year, at a reduced rate of 7%, to tax the services of preparing and serving food and non-alcoholic non-carbonated drinks, the overview of which is given in the Rulebook , exclusively in establishments that are categorized as restaurants and catering establishments in accordance with the Tourism and Hospitality Act , and that have a permit for performance of activities issued by the competent authorities in the manner determined by the aforementioned Law. Traffic in carbonated and non-carbonated bottled water is carried out at a standard rate of 21%, in accordance with the provisions of Article 24a, paragraph 1, point 7 of the Law, and Article 9b of the Rulebook.
Other news from Montenegro
New document was uploaded: S4F backoffice patch
Author: Dejan Šijačić
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Read more
TLv6 Implementation Marks Significant Shift in EU’s Trust List Format
Public
All countries
Author: Ivana Picajkić
A new EU Trust List format, TLv6, will officially replace TLv5 in May 2025 as part of the updated eIDAS Regulation (EU 2024/1183). It introduces key technical changes like a new URI field, updated signature format, and optional phone number support. Organizations must update their systems to avoid signature validation failures and service disruptions, as TLv5 will no longer be valid once TLv6 take... Read more
Similarities between fiscalization systems in Albania and Montenegro
Public
Author: Nikolina Basić
The fiscalization systems in Albania and Montenegro share similarities, including real-time communication with tax authorities, mandatory transaction authorization, and flexibility regarding software and hardware specifications. However, notable differences remain in legal requirements, data registration obligations, and specific receipt details The fiscalization systems in Montenegro and Albania... Read more
New document was uploaded: S4F backoffice patch
Author: Kristina Dosen
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Read more
New document was uploaded: S4F backoffice patch
Author: Kristina Dosen
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Read more
The tax administration of Montenegro published the rulebook for products and services taxed at a reduced VAT rate.
Public
Montenegro
Author: Nikolina Basić
Montenegro
Author: Nikolina Basić
Montenegro's Tax Administration has published a rulebook outlining products and services eligible for a reduced VAT rate, effective January 1, 2025, including basic foods, medical devices, and public transportation. In accordance with the latest updates regarding changes of VAT rates in Montenegro, effective from January 1st, 2025, the Montenegrin Tax Administration published a rulebook on determi... Read more
New document was uploaded: S4F backoffice patch
Author: Kristina Dosen
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Read more