Montenegro E-invoicing

Montenegro is in the early stages of its e-invoicing journey.

While the country’s Ministry of Finance signed an agreement with Serbia in 2023 to create a centralised e-invoicing platform—with plans to mandate electronic invoices for both B2B and B2G transactions in the process—these plans have yet to come to fruition.

This page is your ideal overview of Montenegro e-invoicing. Keep up with future mandates and regulatory changes by adding it to your bookmarks.

1. B2B e-invoicing in Montenegro

2. B2G e-invoicing in Montenegro

3. Timeline of e-invoicing adoption in Montenegro

4. Setting up e-invoicing in Montenegro with Sovos

5. FAQ

6. Additional Resources

B2B e-invoicing in Montenegro

Businesses are not mandated to issue electronic invoices to other companies in Montenegro. There are plans for mandatory B2B e-invoicing; however, there is currently no regulatory obligation to implement it.

That said, businesses can voluntarily opt to issue e-invoices to other organisations—but only if they have obtained the buyer’s explicit consent to do so. If businesses choose to issue e-invoices, the issuer must ensure the integrity of the content and the authenticity of the origin by using, for example, an electronic signature.

Electronic fiscalisation is mandated for all businesses in Montenegro, requiring businesses to automatically report invoice data to the nation’s tax administration through certified software. However, there is no indication of when electronic invoicing will also become a requirement.

B2G e-invoicing in Montenegro

As with B2B e-invoicing, Montenegro has yet to mandate the issuance of electronic invoices for business-to-government (B2G) transactions. It signed an agreement with Serbia in 2023 that planned to introduce a mandate, but such a regulation has yet to come into effect.

A B2G e-invoicing mandate is anticipated to come before a B2B mandate, but the country’s Ministry of Finance has issued no concrete timeline at the time of publication.

Timeline of e-invoicing adoption in Montenegro

Find out the milestones in Montenegro’s e-invoicing journey.

27 October 2023: The Ministry of Finance for both Montenegro and Serbia signed an agreement to transfer a software license for a centralised e-invoicing platform, with plans to mandate B2B and B2G e-invoicing in the process
1 July 2030: Montenegro aims to become an EU Member State by 2028. If this happens, Montenegrin VAT-registered businesses must comply with VAT in the Digital Age (ViDA) requirements, which include mandatory e-invoicing and digital reporting for Intra-Community B2B transactions

Setting up e-invoicing in Montenegro with Sovos

While Montenegro does not mandate the use of e-invoices, organisations like yours can voluntarily do so. The country does plan on requiring electronic invoicing to be implemented for both B2B and B2G transactions, so it’s important you are prepared for this change.

If you do business in multiple jurisdictions, then you will know that every country is in a different stage of its e-invoicing journey. Staying on top of all these regulatory updates can be time-consuming and complicated, but Sovos can help.

Get in touch to find out more about the peace of mind we can provide where tax and e-invoicing are concerned.

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FAQ

Is e-invoicing mandatory in Montenegro?

No, there is no mandate for businesses to issue electronic invoices in Montenegro.

Montenegro announced intentions to enable and enforce e-invoicing for both B2B and B2G transactions in October 2023. As part of an agreement with Serbia that would see Montenegro license its e-invoicing platform, the country revealed that it was exploring mandates for the electronic transmission of invoices.

There is currently no public timeline for such obligations to come into effect.