According to the amendments to the Law on Corporate Income
Tax Law, which will be applicable as of January 1 2017,
taxpayers will be obliged to submit their annual tax
declaration and tax returns electronically through the tax
This move builds on the digital certificates that have been
in use in Montenegro since 2010, enabling the electronic
signing of documents in a fast, easy and safe manner. The
digital signature has the same legal effect as a handwritten
signature and is acceptable as evidence.
There are two certification institutions in Montenegro:
- The ministry that issues digital
certificates for the purposes of state administration;
- The Posthouse, a public certification
institution for citizens and companies.
In order to be able to complete the electronic submission of
tax forms and returns, taxpayers have to possess a digital
certificate issued by the Posthouse certification body.
The process of obtaining this digital certification takes
place independently of the tax administration and it is defined
by the rules and procedures set by the certification
institution. The administrative cost of obtaining a digital
certificate (e-token) is around €110 ($117).
It is worth noting that the certificate holder must be the
legal entity's authorised person registered in the Central
Register of Insured Persons (CROO) maintained by the tax
It is expected that the introduction of the mandatory
electronic submission of tax returns will reduce the burden
both for taxpayers and for tax officials, as well as simplify
administrative procedures and reduce the possibility of
erroneous data entry. Therefore, it is presumed that this will
be an additional step towards strengthening the accuracy and
precision of the tax administration's database.
Ivan Petrovic (firstname.lastname@example.org)
Tel: +382 20 228 490