Cost of doing business
Minimum Monthly Wage for FULL working time (gross and net)
| 1. Brut Salary ( 3 + 4 + 5) | 364,05€ | |
|---|---|---|
| 2. Accounting Brut Salary (3 + 4) | 331,34€ | |
| 3. Net Salary (2-4) | 222€ | |
| 4. Employee contributions | 109,34€ | |
| 4.1. Tax | 9% | 29,82€ |
| 4.2.Pension contributions | 15% | 49,70€ |
| 4.3. Health contributions | 8,5% | 28,16€ |
| 4.4. Unemployment insurance | 0,5% | 1,66€ |
| 5. Employeer contributions | 32,7€ | |
| 5.1. Pension contributions | 5,5% | 18,22€ |
| 5.2. Health contributions | 2,3% | 7,62€ |
| 5.3. Unemployment insurance | 0,5% | 1,66€ |
| 5.4. Labor fund | 0,2% | 0,66€ |
| 5.5. Chamber of commerce | 0,27% | 0,89€ |
| 5.6. Fund for recreation | 0,2% | 0,66€ |
| 5.7. Local tax * | 10% from 4.1. | 2,98€ |
Accounting and Bookeeping Cost
| Level of activity | Basic | Intermediate | High |
|---|---|---|---|
| Monthly | 85-100€ | 150-300€ | 300€ + |
Cost of maintaining bank account
| Bank account | Account | E-banking |
|---|---|---|
| Business | 2€ / monthly | 5-8€ / monthly |
| Personal | 0€ / monthly | 5-8€ / monthly |
Cost of Water for Personal and Business Use
| City | Personal | Business |
|---|---|---|
| Podgorica | 0,38€ (1 cubic metre) | 1,24€ (1 cubic metre) |
| Budva | 0,98€ (1 cubic metre) | 1,96€ (1 cubic metre) |
| Cetinje | 0,60€ (1 cubic metre) | 2,44€ (1 cubic metre) |
| Nikšić | 0,51€ (1 cubic metre) | 1,20€ (1 cubic metre) |
| Berane | 0,22€ (1 cubic metre) | 0,86€ (1 cubic metre) |
| Rožaje | 0,20€ (1 cubic metre) | 0,77€ (1 cubic metre) |
| Ulcinj | 0,80€ (1 cubic metre) | 1,75€ (1 cubic metre) |
| Kotor | 1,03€ (1 cubic metre) | 2,03€ (1 cubic metre) |
| Herceg Novi | 0,85€ (1 cubic metre) | 1,78€ (1 cubic metre) |
| Tivat | 0,97€ (1 cubic metre) | 1,94€ (1 cubic metre) |
| Žabljak | 0,38€ (1 cubic metre) | 1,56€ (1 cubic metre) |
| Bijelo Polje | 0,36€ (1 cubic metre) | 1,26€ (1 cubic metre) |
| Mojkovac | 0,35€ (1 cubic metre) | 1,25€ (1 cubic metre) |
| Plužine | 0,24€ (1 cubic metre) | 1,25€ (1 cubic metre) |
| Gusinje | 0,23€ (1 cubic metre) | 0,65€ (1 cubic metre) |
| Andrijevica | 0,21€ (1 cubic metre) | 0,41€ (1 cubic metre) |
| Danilovgrad | 0,57€ (1 cubic metre) | 1€ (1 cubic metre) |
Cost of Electric Energy for Personal and Industrial Use
| Electric Energy | Personal | Industrial |
|---|---|---|
| Electric Energy | 10,03€ KWh | 5,36€ KWh |
Cost of Internet, Mobile, Cable TV and Land-line*
| Provider | Product | Internet | Cable TV | Mobile | Land line | Price |
|---|---|---|---|---|---|---|
| Telekom | MAGNETA 1 M | 40/10 Mbps | 105+ Channels | Unlimited calls/internet Telekom / 50 min other network | Unlimited calls Telekom | 30,90€ /m |
| Telekom | MAGNETA 1 XL | 200/30 Mbps | 185+ Channels | Unlimited calls/internet Telekom / 500 min other network | Unlimited calls Telekom | 51,90€/m |
| MTEL | BOX trio 3 | 120/5 Mbps | 600 Channels | Unlimited calls MTEL/2000 min - 068/200 min - other | 31,99/m | |
| MTEL | BOX all 4 | 140/6 Mbps | 600 Channels | 1000min. calls, unl. internet / 200 sms | Unlimited calls MTEL/2000 min - 068 | 34,99/m |