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Montenegro Tax Information

21% PDV

PDV is 21% standard, 7% for tourism/food. Registration above €30,000. Source: Montenegro Tax Administration.

Contractor Services to Invoice

  • Labor charges
  • Material costs
  • Equipment rental
  • Permit fees
  • Subcontractor work
  • Change orders
  • Warranty work

Invoice Requirements in Montenegro

PIB number
Business name
Client PIB
Invoice number
PDV breakdown
Total in EUR

Payment Terms

Progress billing at milestones. Retain 5-10% until final inspection.

Gotovina15 dana30 danaRok

Payment Methods in Montenegro

Bank TransferCredit CardCash

Contractor Invoice Tips

  • Break down materials and labor
  • Reference permits
  • Document change orders
  • Include lien waiver language
  • Track progress payments

Frequently Asked Questions

What tax rate applies to contractor invoices in Montenegro?

Montenegro has 21% PDV. PDV is 21% standard, 7% for tourism/food. Registration above €30,000. Source: Montenegro Tax Administration.

What payment methods are common for contractors in Montenegro?

Common payment methods in Montenegro include: Bank Transfer, Credit Card, Cash. Progress billing at milestones. Retain 5-10% until final inspection.

What should contractor invoices include in Montenegro?

Your invoice should include: PIB number, Business name, Client PIB, Invoice number. For contractor services specifically, also include: Labor charges, Material costs, Equipment rental.

How should contractors bill for projects?

Progress invoicing at milestones. Break down labor, materials, and subcontractor costs.

How do contractors handle material markup?

15-25% markup is standard. State policy in contracts.

What PDV rates apply?

Montenegro has 21% standard VAT and 7% reduced rate for tourism, food, and medicines. Exports zero-rated.