Montenegro is a country in South and Southeast Europe on the coast of the Balkans. Its capital and largest city is Podgorica.
Fiscalization in this country was introduced back in the year 2000 while the latest changes and current rules were introduced in 2019.
In August 2019, the Parliament of Montenegro adopted the new Fiscal law which provided the legal basis for the implementation of the software fiscalization project that would enable the submission of data to the Tax Administration (TA) in real time via the internet connection and fiscal service.
There is no certification process of POS application, but the software must be reported to TA.
During the drafting stage of the Fiscal law, the comparative experiences of Croatia, Slovenia, and other countries of the region were used where the similar solutions proved effectiveness.
According to first announcements, January 1st 2020 was set as the day of the implementation of the law, but it was postponed for one year.
During the current year, we expect additional clarification and additions to the law.