Calculators & Tools
Montenegro Tax Calculator: Rent, Property Sale and Dividends
What an individual pays in Montenegro on rent, on the gain from selling property and on dividends from a Montenegrin company, under the law in force.
Each municipality sets its own rate up to the legal maximum; confirm the rate for your municipality.
- Gross rent
- €12,000
- Deductible costs
- − €3,600
- Taxable income
- €8,400
- Income tax, 15%
- €1,260
- Municipal surtax, 13.0% of the tax
- €164
- Total tax
- €1,424
- Rent after tax
- €10,576
- Tax as a share of gross rent
- 11.9%
Law in force on 28 September 2026. An estimate for planning, not a tax return or tax advice.
How the figure is calculated
- Rent: 15% on income after costs
- Rent is property income (Personal Income Tax Act, Article 34). The base is the rent minus costs (Article 36): actual documented costs, or without documents a flat 30% (Article 35(1)-(2)). Letting rooms, flats or houses to tourists allows 50% where the tourist tax has been paid, or 70% with a contract with an agency or tour operator and average occupancy of at least 60 days a year (Article 35(3)). The rate is 15% (Article 10(1)(3)).
- Selling property: 15% on the gain, no surtax
- The gain is the sale price minus the purchase price (Articles 37a-37b), taxed at 15%. Article 37g exempts the seller's only home that is also the registered residence, transfers between spouses or partners linked to marriage, divorce or inheritance, and gifts to first-degree relatives. A loss can only be set off against gains of the same year (Article 37h).
- Dividends: 15% withheld by the company
- Dividends are capital income taxed gross, without costs (Article 37), and the paying company withholds the tax (Article 50). For a non-resident a double tax treaty may reduce the withholding.
- The municipal surtax
- Municipalities add a surtax of up to 13% of the tax, up to 15% in Podgorica and Cetinje, on tax on salaries, self-employment, property income and capital income (Local Self-Government Financing Act, Article 8). Capital gains are not on that list, so a gain on selling property carries no surtax. A resident receiving a dividend therefore pays up to 16.95%, or 17.25% in Podgorica.
What this calculator does not do
- It does not decide whether you are a Montenegrin tax resident; that turns on residence, the centre of your interests or more than 183 days in the year (Article 3).
- It does not apply double tax treaties or tell you what your home country charges.
- It does not cover companies, which pay corporate income tax at 9%, 12% or 15% in bands instead.
- It does not cover crypto-assets, which no Montenegrin tax law names.
- For a non-resident owner, whether the municipal surtax applies to rent should be confirmed for the municipality concerned.
Frequently asked questions
- What is the tax on rental income in Montenegro?
- 15% of the rent after costs, plus the municipal surtax of up to 13% of that tax (15% in Podgorica and Cetinje). Without documents you deduct a flat 30%; tourist lettings can deduct 50% or 70% if the conditions of Article 35(3) are met.
- Is there capital gains tax on property in Montenegro?
- Yes, 15% of the difference between the sale and purchase price, with no municipal surtax. The seller's only home that is also the registered residence is exempt under Article 37g.
- What is the dividend tax in Montenegro?
- 15% withheld by the company. A Montenegrin tax resident also owes the municipal surtax on it, up to 16.95% in total or 17.25% in Podgorica and Cetinje; a treaty may reduce the rate for a non-resident.
- Do non-residents pay tax on Montenegrin rent?
- Yes. A non-resident is taxed on income from Montenegro, including rent from Montenegrin property, and must file a return for income not taxed at source (Personal Income Tax Act, Articles 4 and 43(6)).
Our notes on the law behind it
Rates and rules checked against the primary texts on 28 September 2026. RoNa Legal takes no commission from sellers, developers, agents or employers; the result depends on facts this form does not ask for, and we are lawyers, not licensed investment or tax advisers.