Tax treatment of agency services in Montenegro

Sead Dado Salkovic

Many foreign companies are indirectly present in Montenegrin markets by using various services of resident agent/brokerage companies. Over the past couple of years Montenegro has become an alluring investment destination due to ease of doing business in different areas. Certainly the most attractive sectors are the real-estate, Internet and services concerning tourism.

Overview of intermediary business The most common way of handling the intermediary business is by signing the brokerage/agency contract where a local agent company is obligated to connect or to find a third party/client who shall enter into particular agreement with principal as an ordering party. In line with this, a...