For their salaried employees in Montenegro, companies must pay salary taxes and social security contributions, which are withheld from employees’ monthly paychecks and remitted to the government. Your monthly tax-free personal allowance in Montenegro is 700€. A tax rate of 9% applies to income between 700.01€ and 1,000.00€, while 15% is levied on income exceeding 1,000.01€ per month.