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Public Montenegro Author: Nikolina Basić
Montenegro has officially gazette changes to its reduced VAT rate regime, introducing a new 15% VAT rate alongside the existing 7% rate. The changes will be applied from January 1st, 2025. The standard VAT rate of 21% remains unchanged.
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General information

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Content accuracy validation date: 23.10.2024
Content accuracy validation time: 09:00h

VAT rates updates:

Supplies moved from 7% to 15%:

  • Accommodation and hotels
  • Hospitality services
  • Books
  • Other

The 7% rate will continue to apply to basics:

  • Basic foods;
  • Medicines
  • Textbooks
  • Animal food
  • Funeral services;
  • Others

These adjustments are part of Montenegro's broader strategy to modernize its tax system and facilitate its path towards EU membership.

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