- Montenegro has been a strong candidate for European Union (EU) membership for several years. Its accession negotiations began in 2012, and the country has made significant progress, but challenges remain.
- In relation to this, Montenegro is aligning its VAT regime
- Changes include introducing a reduced VAT rate of 15% and ending zero-rating of construction and other reliefs
- Updating the range of supplies exempt from VAT
- Removing the low-value consignment threshold of €75
- Click the link below for our previous posts about Montenegro.
Source: vatupdate.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
