Montenegro: Employment of persons with disability and tax incentives

International Tax Review is part of Legal Benchmarking Limited, 4 Bouverie Street, London, EC4Y 8AX

Copyright © Legal Benchmarking Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Montenegro: Employment of persons with disability and tax incentives

zivkovic.jpg

Jelena Zivkovic

In line with the Law on Professional Rehabilitation and Employment of Persons with Disability, companies with 20 to 50 employees are obliged to employ at least one person with a disability. Furthermore, a company with 50 or more employees has the obligation for at least 5% of its workforce to comprise people with disabilities.

Companies that are not following this regulation are obligated to calculate and pay a special contribution for professional rehabilitation and employment of disabled people.

This contribution is 20% of the average monthly salary in Montenegro.

On the other hand, the government is providing following incentives in case of employment of disabled people:

  • Funds for the adaptation of the workplace for the disable person(s).

  • Credit funds for purchase of machinery, equipment and tools.

  • Co-financing of funds for financing disabled person's assistant.

  • Subventions of salary for disable person(s) as follows: 75% of gross salary for a person with at least 50% of disability in first year, 60% in the second year and 50% in following years.

Jelena Zivkovic (jelena.zivkovic@eurofast.eu)

Eurofast Global, Podgorica office

Tel: +382 20 228 490

Website: www.eurofast.eu

more across site & bottom lb ros

More from across our site

ITR’s most interesting stories of the year covered ‘landmark’ legal battles, pillar two, AI’s relationship with transfer pricing and more
Chinwe Odimba-Chapman was announced as Michael Bates’ successor; in other news, a report has found a high level of BEPS compliance among OECD jurisdictions
The tool, which will automatically compute amount B returns, requires “only minimal data inputs”, according to the OECD
The rules are intended to implement the substance of an earlier OECD report in its entirety
While new technology won’t replace the human touch, it could help relieve companies’ staffing issues, EY’s David Helmer and Daren Campbell tell ITR
The firm said the financial growth came from increased demand for its AI services and global tax reform advice
Chrystia Freeland had also been the figurehead of Canada’s controversial digital services tax adoption, which stoked economic tensions with the US
Panama has no official position on pillar two so far and a move to implement in Costa Rica will face rejection, experts tell ITR
The KPMG partner tells ITR about Sri Lanka’s complex and evolving tax landscape, setting legal precedents through client work, and his vision for the future of tax
Overall turnover at the firm also reached a record £8 billion; in other news, Ashurst and Dentons announced senior tax partner hires
Gift this article