Ministry of Finance licenses Serbia’s e-invoicing platform ahead of mandate of B2B transaction reporting The Balkan state of Montenegro is preparing for the launch of B2B e-invoicing. It has recently licensed the real time invoice reporting platform of Serbia. This provides for a ready-made portal
VAT reduction to 7% on supplies in hotels, cafes and restaurants The east European state of Montenegro has cut the Value Added Tax rate on food and non-alcoholic drinks served at cafes, hotels and restaurants. Since 8 January 2022, the rate has been reallocated from
The Balkan state of Montenegro has increased its Value Added Tax registration threshold from €18,000 to €30,000 per annum. Check EU VAT registration thresholds via VAT Calc’s live tracker. The rise in the level above which businesses providing taxable goods or services must register and start
The Balkan state of Montenegro has made a number of changes to its Value Added Tax regime from 4 August 2020. These are as follows: Shifted provision of accommodation, restaurant and hospitality services from the standard VAT rate of 21% to the reduced rate of
