Tax Identification Number in Montenegro
The Tax Administration of Montenegro uses Tax Identification Numbers (Montenegrin: Poreski Identifikacioni Broj or simply PIB) to identify taxpaying individuals, sole proprietorships, and limited companies involved in taxable activities. The PIB is mandatory for anyone required to file tax returns, including:
- Companies, foundations, and nonprofit organizations registered in the Company Register (CRPS) that carry out business activities within Montenegro or overseas.
- Montenegrin residents receiving income from work or assets located in Montenegro or abroad.
- Foreign companies with permanent establishments earning income from their activities inside Montenegro.
- Non-residents earning income from employment, property, or other assets located in Montenegro.
The Tax Identification Number (for example: ‘02518079’) consists of eight digits, with the eighth digit serving as a control number.
Tax Identification Number for Businesses
Every business set up in Montenegro must have a unique Tax Identification Number (PIB), which serves as its national tax ID for the administration of all tax obligations. It is permanently assigned during the company formation process and remains unchanged even if your company’s registered address, shareholder structure, or business activity is modified.
Among other things, the Tax Identification Number is needed for:
- Open a corporate bank account
- Hire employees
- Pay corporate income tax
- Apply for business permits and licenses
- File payroll taxes and social security contributions
- Pay customs and excise duties
- Issue invoices
- Obtain a corporate stamp
Tax ID for Individuals
For personal income tax purposes, the Unique Master Citizen Number (Montenegrin: Jedinstveni maticni broj gradana / JMBG) is used in place of the Tax Identification Number (PIB). It is either issued at birth or assigned upon immigrating to Montenegro. It consists of 13 digits in the following format:
‘DD MM YYY RR BBB K’,
where the first seven digits indicate the date of birth, ‘RR’ is the regional registration code, ‘BBB’ is a serial number distinguishing individuals born on the same date in that region, and ‘K’ is a control digit. For non-citizens, the JMBG is typically issued upon receipt of your temporary residence permit or when purchasing property to facilitate the payment of the annual property tax.
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Get in touch with our team; we can advise you on how to obtain your PIB and provide an after-care service once your business is up and running.
