Find your employer of record in Montenegro

Montenegro famous place - EOR World Wide
Montenegro - EOR World Wide

Montenegro

currency

Euro (EUR)

Currency

Payroll_Frequency

monthly

Payroll Frequency

Employer_Tax

0 to 8.30

Employer Tax

With 2 clicks, start your journey to Hire a contractor or remote employees in Montenegro without a entity set up.

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Overview

Capital

Currency

Date Format

Fiscal Year

Reviews

Podgorica

Euro (EUR)

DD/MM/YY

January 1st-December 31st

0 / 5 Star (0 Reviews)

Montenegro famous place - EOR World Wide

Find your employer of record in Montenegro

Montenegro

currency

Euro (EUR)

Currency

Payroll_Frequency

monthly

Payroll Frequency

Employer_Tax

0 to 8.30

Employer Tax

Overview

Capital

Currency

Date Format

Fiscal Year

Reviews

Podgorica

Euro (EUR)

DD/MM/YY

January 1st-December 31st

0 / 5 Star (0 Reviews)

0

With 2 clicks, start your journey to Hire a contractor or remote employees in Montenegro without a entity set up.

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Overview

Euro (EUR)

CURRENCY

Podgorica

CAPITAL

monthly

PAYROLL FRECUENCY

13

PUBLIC HOLIDAYS

0 to 8.30

EMPLOYER TAXES

13TH / 14TH SALARY

The 13th Salary in this region is usual and typically given at the end of the year.

Employee and employeer taxation in Montenegro

Employer

Company Payroll Contributions


0% - 5.50%

Pension and Disability Insurance

0% - 2.30%

Health Insurance

0% - 0.50%

Unemployment Insurance



0% - 8.3%

Total Employment Cost

Employee

Worker Payroll Contributions


0%- 15%

Worker Payroll Contributions

0%- 8.50%

Health Insurance

0%- 0.50%

Unemployment Insurance


0% - 24%

Total Employee Cost



Employee Income Tax in Montenegro

Employment Income Taxes


0%

Up to 700 EUR

9%

701 EUR to 1,000 EUR

15%

Over 1,0001 EUR

Montenegro famous place - EOR World Wide
Montenegro famous place - EOR World Wide
Minimum Wage in Montenegro
General

Montenegrin employees receive a base monthly salary of EUR 532.54 and EUR 6,390 per year in 12 monthly payments.


$260 Minimum Wage per month

Montenegro famous place - EOR World Wide

Payroll Contributions in Montenegro

Payroll Cycle

With a PEO, you can pay the payroll cycle in your company. In this case, in Montenegro is monthly and the employer pays it on the last day of the month.


13th Salary

In the law, there are no provisions for the payment of these days.

Employee Benefit in Montenegro


Visa and work permit in Montenegro

People who wish to enter the country for business may opt for a short-term C visa. Thus, you can stay for 90 days in 180 days. In addition, the laws of the country do not regulate the activities allowed for this visa in the country. However, the labor inspection is rigorous when assessing compliance and therefore the activities during visits have a limit.


The most important category of authorization for employee onboarding is the Temporary Work and Residence Permit. In this case, it works for company transferees, as well as for locally hired workers. Likewise, the permit is valid for 1 year and the worker can renew it.


VAT in Montenegro

In Montenegro VAT is at a standard rate of 19%.


Working Hours in Montenegro
General

By hiring an Employer of record in Montenegro, you can manage the work week which is 40 hours per week and 8 per day.


Overtime

In Montenegro, overtime cannot exceed 10 hours per week, for a total of 50 working hours. Also, the overtime treaty must be in writing unless it is an emergency. Likewise, with Payroll outsourcing, you will be able to pay overtime, which has a legal limit of 140% of the base salary.


Working Week

Monday to Friday.


Employee Termination in Montenegro
Termination Process

With an Employer of Record in Montenegro, you can manage the termination of an employment contract, which can be for personal, work, or business misconduct. In this case, the employer is required to present the reason for the termination of the contract in writing. In addition, if the termination was for misconduct, the employer will give a warning and the opportunity for the worker to explain the reason for his failure.


Notice Period

The employer must give prior written notice 30 days before the termination of the employment contract. However, the employer will give advance notice under the collective agreement or the employment contract.


Severance Pay

With global employment outsourcing, seamlessly manage severance pay. In this case, the compensation must be the one contemplated in the contract or collective agreement, which will be paid by the employer 3 times the average monthly salary. In addition, it must be free of taxes and contributions for the previous 4 months.


Probation Period

In this case, hire and onboard workers in Montenegro is easy with contractor management services. Likewise, the trial period for the workers to be incorporated will depend on the contract or labor agreement and should not exceed 6 months. In addition, commonly, in the country, the trial periods vary between 3 and 6 months.


Employee Leaves in Montenegro
Paid Time Offs

A worker is entitled to 20 working days of vacation per year. In addition, for employees who work 6 days a week, the employer must increase vacations to 24 days.


Montenegro famous place - find your EOR
Public Holidays

There are 13 national holidays throughout the year.

Vacation Holidays

There are 20 vacation holidays throughout the year.

Sick Days

The international PEO services will allow you to easily manage sick leave for your workers. In this case, the employer will cancel 70% during the 60 days of illness, and later the social security will. However, workers must submit the medical certificate to their employer within three days of the onset of the illness.


Paternity Leave

Parental leave is included in parental leave.


Paternal Leave

In this case, workers have the possibility of taking this leave after maternity for 365 days. Besides, both parents are entitled to equal shares of the leave. Also, the leave can be moved from one parent to the other after 30 days from the start of the parental leave.


Thus, the father or mother who has transferred the right may not continue the right to use parental leave.


Other Leave

With an Employer of record in Montenegro, manage the additional licenses in your company according to the employment contract or collective agreement. In this case, employees are entitled to 7 days of paid leave for:


  • Birth.
  • Marriage.
  • Death of an immediate family member.
  • Professional exams.


Maternity Leave in Montenegro

With an Employer of Record in Montenegro, you will manage and pay for maternity leave in your business. Likewise, this leave is for 98 days paid according to the regular salary of the worker. Also, the leave will begin 28 days before the birth and the rest 70 days after the birth of the child.


There are 98 leave throughout the year.

Montenegro famous place - find your EOR

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