Montenegro
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Subscribe now!Fiscal Law timeline
An important reform of the fiscalization system has started several months ago. The HW-based country has become the online fiscalization country, with new deadlines and new requirements which must be implemented and respected. From the 1st of January 2021, the online fiscalization reform will be implemented. In the beginning, the usage of this system is voluntary but the update of the solution is fixed, and it must be respected by the taxpayers.
Montenegro
Although fiscalization has been present in Montenegro since 2001, crucial changes happened in this field. Montenegro entered the group of countries that applies the so-called „Online“ type of fiscalization. The new fiscal law – The Law on Fiscalization in Turnover of goods and services, was adopted in 2019, but the application of it was postponed until January 1, 2021. In 2020, mainly from June, few bylaws that are regulating different topics were published.
Type of fiscalization: Software
Latest news for Montenegro
See moreNew document was uploaded: Important characteristics of the fiscalization system – Montenegro
Montenegro
Author: Kristina Dosen
This valuable document is a YES/NO- based analysis that represents the general fiscal requirements in Montenegro It addresses the main characteristics of the elements necessary for successful fiscalization with useful comments. For example: - POS system - Receipts - Receipt elements - Receipt types - Vouchers Please be free to download the document we have carefully prepared for you. Read more
This valuable document is a YES/NO- based analysis that represents the general fiscal requirements i... Read more
Montenegro adopted the amendments to the Law on VAT and Law on Excise Taxes regarding tax reductions!
Montenegro
Author: Kristina Dosen
On May 6th, 2022, members of the Parliament of Montenegro adopted the amendments to the Law on Law on VAT and Law on Excise Taxes. These amendments have enabled the reduction of excise duties on fuel, VAT on basic groceries, and real estate tax. Firstly, the plan is to reduce excise duties on fuel by up to 50%, but the Minister of Finance announced that excise duties on fuel will be reduced by 40%... Read more
On May 6th, 2022, members of the Parliament of Montenegro adopted the amendments to the Law on Law o... Read more
Montenegrin authorities working on drafting legislation regarding blockchain technology
Montenegro
Author: Kristina Dosen
The Minister of Finance and Social Welfare of Montenegro has stated that diversification of the country's economy through new technologies such as blockchain is one of the top priorities in Montenegro. As per his latest statements, Montenegrin legislation regarding blockchain will be a few steps ahead of all other legal solutions that are being drafted or have already been promulgated in Europe.... Read more
The Minister of Finance and Social Welfare of Montenegro has stated that diversification of the coun... Read more
New document was uploaded: European Union's Gift Cards - Vouchers Treatment
The purpose of this document is to, in the first place, provide a general overview of directives related to taxation of vouchers, and to explain, in short terms, the main differences between single-purpose vouchers and multi-purpose vouchers, both defined by the Council Directive (EU) 2016/1065 of 27 June 2016. Read more
The purpose of this document is to, in the first place, provide a general overview of directives rel... Read more
Security breach in Log4j Java library
It has been characterized as "the single biggest, most critical vulnerability of the last decade" (severity 10/10 on vulnerability scale)! The Log4j vulnerability affects everything that uses the log library, from the cloud to developer tools and security devices, including fiscalization. Read more
It has been characterized as "the single biggest, most critical vulnerability of the last decade" (s... Read more
Montenegro sets a deadline for correction of invoices issued in “offline mode”!
Montenegro
Author: Kristina Dosen
We hereby inform you that it is possible to send the invoices issued in “offline mode” by fiscal service version 4.2, with a reference to the type of subsequent delivery "NO INTERNET", in the time interval 07.10 - 10.10.2021. Due to lack of internet connection in certain time intervals, some taxpayers in the previous period generated and issued invoices in "OFFLINE" mode (without confirmation of s... Read more
We hereby inform you that it is possible to send the invoices issued in “offline mode” by fiscal ser... Read more
Latest document for Montenegro
See moreImportant characteristics of the fiscalization system – Montenegro
Montenegro
Author: Kristina Dosen
This valuable document is a YES/NO- based analysis that represents the general fiscal requirements in Montenegro It addresses the main characteristics of the elements necessary for successful fiscalization with useful comments. For example: - POS system - Receipts - Receipt elements - Receipt types - Vouchers Please be free to download the document we have carefully prepared for you. Read more
This valuable document is a YES/NO- based analysis that represents the general fiscal requirements i... Read more
European Union's Gift Cards - Vouchers Treatment
The purpose of this document is to, in the first place, provide a general overview of directives related to taxation of vouchers, and to explain, in short terms, the main differences between single-purpose vouchers and multi-purpose vouchers, both defined by the Council Directive (EU) 2016/1065 of 27 June 2016. Read more
The purpose of this document is to, in the first place, provide a general overview of directives rel... Read more
Recorded webinar: Comparison of online fiscalization between Montenegro and Slovenia, Croatia and Czech Republic
Montenegro
Author: Kristina Dosen
On November 25th, 2020, the Fiscal solutions team held this free webinar on the topic „Comparison of online fiscalization between Montenegro and Slovenia, Croatia and the Czech Republic“ Let’s hear what our fiscal experts have to say about this topic. Read more
On November 25th, 2020, the Fiscal solutions team held this free webinar on the topic „Comparison of... Read more
Registration of data on the SEP portal - Montenegro
Montenegro
Author: Kristina Dosen
The document describes the necessary steps for the registration of mandatory data for fiscalization on the SEP portal. The taxpayer is required to take some steps prior to digital certificate installation and we have explained these steps in the following. Read more
The document describes the necessary steps for the registration of mandatory data for fiscalization... Read more
Gift Card Treatment – Montenegro
Montenegro
Author: Kristina Dosen
The purpose of this document is to explain how gift cards are sold and then used in accordance with current legislation and new fiscalization system in Montenegro Read more
The purpose of this document is to explain how gift cards are sold and then used in accordance with... Read more
S4FiscalService for Montenegro
Montenegro
Author: Kristina Dosen
S4FiscalService for Montenegro is an installation package for S4FS fiscal middleware in Montenegro. An integrative part of the installation package is, among others, the Service interface description and S4F Service Installation Manual. They are all packed in a zip file which is ready for download. Read more
S4FiscalService for Montenegro is an installation package for S4FS fiscal middleware in Montenegro.... Read more