Montenegro: Electronic submission of tax returns becomes mandatory in Montenegro

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Montenegro: Electronic submission of tax returns becomes mandatory in Montenegro

petrovic.jpg

Ivan Petrovic

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 administration portal.

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; and

  • 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 administration.

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 (ivan.petrovic@eurofast.eu)

Eurofast Montenegro

Tel: +382 20 228 490

Website: www.eurofast.eu

more across site & shared bottom lb ros

More from across our site

Canadian Prime Minister Mark Carney and US President Donald Trump have agreed that the countries will look to conclude a deal by July 21, 2025
The firm’s lack of transparency regarding its tax leaks scandal should see the ban extended beyond June 30, senators Deborah O’Neill and Barbara Pocock tell ITR
Despite posing significant administrative hurdles, digital services taxes remain ‘the best way forward’ for emerging economies, says Neil Kelley, COO of Ascoria
A ‘joint understanding’ among G7 countries that ‘defends American interests’ is set to be announced, Scott Bessent claimed
The ‘big four’ firm’s inaugural annual report unveiled a sharp drop in profits for 2024; in other news, Baker McKenzie and Perkins Coie expanded their US tax benches
Representatives from the two countries focused on TP as they met this week to evaluate progress under a previously signed agreement – it is understood
The UK accountancy firm’s transfer pricing lead tells ITR about his expat lifestyle, taking risks, and what makes tax cool
Dolphin Drilling intends to discuss the final liability amount and manner of settlement with HM Revenue and Customs
Winning the case against the 20% VAT imposition was always going to be an uphill challenge for the claimants, UK tax advisers argue
A ‘paradigm shift’ in Chile’s tax enforcement requires compliance architecture built on proactive governance, strategic documentation and active monitoring of judicial developments
Gift this article