By 2018, Montenegro’s population had reached 622,000. The population comprises a mix of Montenegrins, Serbs, Bosniaks, Albanians Croats as well as a smattering of other nationalities.

While Montenegrin is the official language of Montenegro, Serbian, Albanian, Bosnian and Croatian are all spoken, especially in the country’s larger cities. While English is not widely spoken, you will find local English speakers in the country’s core tourism centres.

As of 2020, companies incorporated in Montenegro are subject to corporate profit taxation at 9%. It is one of the lowest corporate tax rates in Europe, where the average company tax rate is typically between 19% and 25%.  

As of 2020, companies incorporated in Montenegro are subject to corporate profit taxation at 9%. It is one of the lowest corporate tax rates in Europe, where the average company tax rate is typically between 19% and 25%.  

Yes, as of July 2020, Montenegro recognises gay and lesbian civil unions. The move has been welcomed by advocacy bodies and the international community alike.

Situated on the Balkan coast, Montenegro is considered to be part of South and Southeastern Europe. The country shares borders with Serbia to the northeast, Bosnia-Herzegovina to the northwest, Kosovo to the east, and Croatia to the west. On the southwestern side it faces the Adriatic Sea.

Montenegro is presently not part of the European Union, however accession looks likely during the next couple of years. The country initiated the process of EU accession in 2005. In 2010, the EU commission issued a favourable opinion on Montenegro’s application, granting it formal candidate status and identifying 7 key priorities that needed to be [...]