Do you even know what DPP is? Digital Product Passports (DPP) are set to play a crucial role in the European Union’s commitment to a circular economy. The purpose of this document is to provide you with a necessary overview of the upcoming Digital Product Passport requirements set to be implemented by the European Union. Read more

The introduction of the electronic fiscalization system in Montenegro provides a number of positive effects, including an increase in public revenues, the suppression of the gray economy, the transparency of the tax system, and inspection supervision. The study, prepared by an external consultant, showed that the introduction of this system and the provision of data in real time will contribute to... Read more

The Revenue and Customs Administration reminds taxpayers of the provisions of the Law on Value Added Tax, the delayed application of which begins on January 1, 2024, and which provides that the turnover of food and clearly specified types of drinks in catering establishments categorized as restaurants and catering establishments be subject to a reduced VAT rate of 7%. The Law on Value Added Tax cl... Read more

In this discussion, we have introduced our new partner program and what is essential for international growth, while dealing with topics such as - Success factors for POS applications - What does globalization mean? - How to grow globally? Furthermore, we presented benefits for our partners. Last but not least, we presented our fiscal cloud architecture and its important features.You can down... Read more

S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Please make sure to install all available patches sequentially (without skipping). For each patch it is specified for which countries it is released for and with this information and with information from release notes user should prioritize the installation of the patch if S4F Backoffice is used in specified countries. Even though the patch may be prioritized for specified countries please make sure to install all patches sequentially, including the previous ones (if any) even if they are not related to used countries. This package contains instruction, release notes, changelog and software packages required for deployment of this software component. Please note that this patch contains changes for following country: Croatia. Read more

Are you familiar with the fact that it needs to be performed when there is a payment mistake on the receipt in Montenegro? Here's a more in-depth look at the subject. Read more

The fiscalization system in Montenegro recognizes and supports several types of receipts. One of them is a corrective receipt. A corrective receipt is used to perform subsequent corrections to the already fiscalized receipts and send these corrections to the tax authorities. According to the functional specification of the fiscal service, corrections to the fiscalized receipts can be made for what... Read more

S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Please make sure to install all available patches sequentially (without skipping). For each patch it is specified for which countries it is released for and with this information and with information from release notes user should prioritize the installation of the patch if S4F Backoffice is used in specified countries. Even though the patch may be prioritized for specified countries please make sure to install all patches sequentially, including the previous ones (if any) even if they are not related to used countries. This package contains instruction, release notes, changelog and software packages required for deployment of this software component. Please note that this patch contains changes for following country: France, Montenegro. Read more

A fiscalization system with predefined rules was established in Montenegro a few years ago. The fiscal law and related technical documents contain the main definitions and elements of the fiscalization system. Also, the subject of fiscalization is regulated. Namely, fiscal law must be applied in any business space in retail, which includes all business spaces such as indoor or outdoor spaces, mov... Read more

The purpose of this document is to provide the most important information in relation to vending machines for the fiscalization perspective in Montenegro. The document itself will include all relevant information for the operation of the vending machines, with an explanation how they are regulated in Montenegro, and are they subjects of fiscalization. Read more

Montenegro has been working on the e-invoice system. Serbia granted a license for the e-invoice platform to Montenegro as a pioneer in implementing the e-invoice system in the Balkan region. The license is for a centralized platform for sending, receiving, managing, and storing electronic invoices for legal entities and entrepreneurs. The expectation in Montenegro is that the centralized e-invoice... Read more

The value-added tax in Montenegro is prescribed by the Law on Value-Added Tax. Two positive tax rates of value-added tax are applied, namely the standard rate of 21% and the reduced rate of 7%, as well as the zero rate (0%). But we can say that this area is more regulated than the others because, in a more detailed way, it defines the main requirements and fields that are covered by the VAT. More... Read more

S4F backoffice installer is intended for users who are installing the software for the first time. Please make sure to obtain latest version of installer and to apply all subsequent patches that are released subsequently. This package contains instruction, release notes, changelog and software packages required for deployment of this software component. Read more

In accordance with the fiscalization legislation in Montenegro and the online system that has been established, there is a possibility to verify if the receipt is issued in a proper way, or, in other words, to verify its validity. Let's find out how this can be done. This can be performed in two ways: scanning the QR code and entering a special number from the receipt: IKOF or JIKR. Customers can... Read more

This document represents an introduction to the types of e-invoicing models in European countries as well as the key conclusions made during this research. Read more

Montenegro has an online-based fiscalization system. That means that transactions are sent directly to the tax administration from the POS systems, and an authorization code is sent back. In the following sections, we'll explore this subject in greater detail We can summarize that POS systems must be able to support digital certificates (for the signing of transactions) and internet connections (... Read more