MGT Montenegro
TR

Tax Planning

Let’s structure your tax burden in Montenegro correctly from the start: progressive corporate tax, dividend distribution, personal residency and the double-taxation treaty with Türkiye, all assessed as a whole.

Tax is shaped by decisions made at the moment of incorporation; correcting it later is both hard and costly. Montenegro’s progressive tax structure, dividend and withholding rules, and the double-taxation treaty between Türkiye and Montenegro provide a clear advantage when structured correctly. At MGT, we assess your company structure, income flow and personal residency together and build the appropriate plan.

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Who is this service for?

  • Entrepreneurs forming a company in Montenegro who want to optimize the tax burden from the start.
  • Those earning income in both Türkiye and Montenegro who want to avoid double taxation.
  • Company owners planning dividend distribution, reinvestment or profit transfer.
  • Individuals considering becoming a tax resident of Montenegro.

Scope — What’s included?

  • Assessment of the company structure from a tax perspective
  • Progressive corporate tax and VAT strategy
  • Dividend distribution and withholding planning
  • Personal tax residency assessment
  • Application of the Türkiye–Montenegro double-taxation treaty
  • Coordination with accounting

2026 tax framework — summary

  • Corporate tax (progressive): profit up to €100,000 at 9%; €100,000–€1,500,000 at 12%; above €1,500,000 at 15%.
  • VAT: standard 21%, reduced 7%.
  • Income tax (salary): 0% up to €700, 9% from €700–€1,000, 15% above.
  • Withholding: the general rate on payments such as dividends, interest and royalties is 15%; a higher rate may apply on payments to jurisdictions deemed tax havens.
  • Personal residency: a person present in Montenegro for more than a set part of the year may be deemed a tax resident; residency is critical in determining which country taxes.
  • Double taxation: there is a double-taxation treaty between Türkiye and Montenegro; it is applied to prevent the same income being taxed twice.

(Sources: PwC Tax Summaries; 2026 legislation — verify before publishing.)

Process — How we work

  1. Situation analysis. We examine your income sources, company structure and personal situation.
  2. Scenario comparison. We show the tax impact of different structure and distribution options.
  3. Plan. We present a suitable, legislation-compliant tax plan.
  4. Implementation & follow-up. We put the plan into action in coordination with accounting and keep it current.

Frequently asked questions

If I have a company in Montenegro, do I also pay tax in Türkiye?
This depends on your residency and the source of income. The double-taxation treaty exists to prevent the same income being taxed twice; we assess according to your situation.
How much withholding do I pay if I distribute dividends?
The general withholding rate is 15%; however, it can vary by destination country and treaties. The timing and structure of distribution can be planned.
Is becoming a tax resident of Montenegro advantageous?
It depends. Residency affects where your worldwide income is taxed; we assess together according to your individual circumstances.