Penalties and restrictions for fiscalization obligation delays in Montenegro

Bearing in mind that the new Law on Fiscalization in Montenegro has been in force since January 1, 2021, a deadline until June 1 was provided, which was intended for taxpayers to move into a new system of recording turnover. Despite the provided deadline, many taxpayers started preparing for a new type of fiscalization relatively late. Therefore, certification bodies and software solution manufacturers are facing challenges in servicing all market needs in a short period. However, with the expectation that the majority of taxpayers will voluntarily comply with legal provisions and harmonize operations with them, through inspection procedures that will follow to verify compliance with the Act, all circumstances will be determined, and thus the responsibility of all taxpayers found irregularities, on which further measures will depend.