Montenegro VAT codes and rates
Montenegro charges VAT at 21%, with other rates of 15% and 7%. When you create a company in Montenegro, Nefin sets up 5 sales and 9 purchase codes, each tied to a box of the PDV prijava (PR PDV-2). Every invoice and bill line carries one, so the return's totals add themselves up as you work. They fill the PR PDV-2 - Isporuke and the PR PDV-2 - Nabavke, ready to file every month.
VAT codes from the PDV prijava (PR PDV-2)
Each code is the box or line it fills on the PDV prijava (PR PDV-2), named in the authority’s own wording. Pick one on an invoice or bill line and the amount lands in that box.
| Code | What it covers | Rate |
|---|---|---|
| 10 | Oporezivi promet po stopi 21% (red. br. 10)Default | 21% |
| 11 | Oporezivi promet po stopi 15% (red. br. 11) | 15% |
| 12 | Oporezivi promet po stopi 7% (red. br. 12) | 7% |
| 13 | Oporezivi promet po stopi 0% (red. br. 13) | 0% |
| 14 | Oslobođeni promet - isporuke (red. br. 14) | 0% |
| Code | What it covers | Rate |
|---|---|---|
| 19-21 | Nabavke u zemlji, PDV 21% (red. br. 19)Default | 21% |
| 19-15 | Nabavke u zemlji, PDV 15% (red. br. 19) | 15% |
| 19-7 | Nabavke u zemlji, PDV 7% (red. br. 19) | 7% |
| 19-0 | Nabavke u zemlji po stopi 0% ili oslobođene (red. br. 19) | 0% |
| 26-21 | Nabavke u zemlji 21%, PDV bez prava na odbitak (red. br. 19 i 26) | 21% |
| 20-21 | Uvoz, PDV 21% (red. br. 20) | 21% |
| 20-15 | Uvoz, PDV 15% (red. br. 20) | 15% |
| 20-7 | Uvoz, PDV 7% (red. br. 20) | 7% |
| 21-21 | Usluge inostranih lica, PDV 21% obračunava primalac (red. br. 21) | 0% |
Montenegro VAT books
One row per invoice or bill, one column per return box. Nefin builds both books from the codes above.
Sales book
PR PDV-2 - Isporuke
Oporezivi promet
- [10]Po stopi 21%
- [11]Po stopi 15%
- [12]Po stopi 7%
- [13]Po stopi 0%
Oslobođeni promet
- [14]Oslobođeni promet - isporuke
Totals Nefin calculates
- [16] PDV na domaći promet po stopi 21%Sum of the tax charged in [10]
- [17] PDV na domaći promet po stopi 15%Sum of the tax charged in [11]
- [18] PDV na domaći promet po stopi 7%Sum of the tax charged in [12]
Purchase book
PR PDV-2 - Nabavke
Nabavke u zemlji
- [19-21]Osnovica 21%
- [19-15]Osnovica 15%
- [19-7]Osnovica 7%
- [19-0]Osnovica 0% / oslobođeno
- [26-21]Osnovica 21%, bez prava na odbitak
Uvoz
- [20-21]Osnovica 21%
- [20-15]Osnovica 15%
- [20-7]Osnovica 7%
Usluge inostranih lica
- [21-21]Osnovica 21%
Totals Nefin calculates
- [19] Ulazni PDV na domaći promet (red. br. 19)Sum of the tax charged in [19-21] + [19-15] + [19-7] + [19-0] + [26-21]
- [20] PDV plaćen na uvoz (red. br. 20)Sum of the tax charged in [20-21] + [20-15] + [20-7]
- [21] PDV na usluge inostranih lica (red. br. 21)Net amount × 21%, from [21-21]
- [25] Ukupan ulazni PDV - pretporez (19+20+21, bez 22)Total of [19] + [20] + [21]
- [26] Ulazni PDV bez prava na odbitak (red. br. 26)Sum of the tax charged in [26-21]
Source
These codes were transcribed from the tax authority's own form or instructions: Poreska uprava / Ministarstvo finansija - Obrazac PR PDV-2 (Pravilnik, Sl. list CG 120/24, od 1.1.2025), https://wapi.gov.me/download/e3d2b1f2-341b-487e-8e2a-d77868bbf52e?version=1.0.
Frequently asked questions
What is the VAT rate in Montenegro?
The standard rate is 21%. Other rates in use: 15% and 7%. Zero-rated, exempt and reverse-charge transactions use their own 0% codes.
Which VAT codes does Nefin set up for a company in Montenegro?
5 sales codes and 9 purchase codes, each named after the PDV prijava (PR PDV-2) box it fills, for example 10 (Oporezivi promet po stopi 21% (red. br. 10), 21%), 11 (Oporezivi promet po stopi 15% (red. br. 11), 15%) and 12 (Oporezivi promet po stopi 7% (red. br. 12), 7%).
How often is the PDV prijava (PR PDV-2) filed?
Nefin defaults to monthly filing, the usual period for a small or medium registered business in Montenegro. Your tax authority may assign you a different one.
Are these Montenegro VAT codes official?
Yes. They were transcribed from the tax authority's own form or filling instructions (Poreska uprava / Ministarstvo finansija - Obrazac PR PDV-2 (Pravilnik, Sl. list CG 120/24, od 1.1.2025), https://wapi.gov.me/download/e3d2b1f2-341b-487e-8e2a-d77868bbf52e?version=1.0).
Does Nefin produce the Montenegro VAT books?
Yes. The PR PDV-2 - Isporuke lists every invoice and the PR PDV-2 - Nabavke every bill, one row per document with a column for each return box, plus the totals the return asks for.