:: Editor Notes: Payable fees to Notary, Real Estate Angencies or Estate Brooker not including in this listing

-- TAX --

-- VAT --

• VAT is payable only on the first transfer of title of newly-constructed buildings or economically divisible units within the framework of such structures. The current VAT rate in Montenegro is 17%.


• The transfer of land in Montenegro (both agricultural and construction land, developed or undeveloped) is not considered as a transfer of goods; therefore VAT is not due.


• Leases of agricultural land and forests that are registered in land registries are exempt from VAT.


• Leases of apartments, houses and buildings that are used for residential purposes and are leased for more than 60 days are also exempt from VAT.

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• VAT does apply to commercial leases. The current rate is 17%.

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--Capital gains for legal entitiesl --

• The rate is 9%.5



-- Real property tax: --

• The rate of real property tax ranges from 0.08% to 0.8% of the market value of the real property.


• A tax statement must be filed by 31st May at the latest. The tax is usually payable in two equal installments.



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