Advance Payments of Entrepreneur Tax

New Rulebook on the Informative Return for Determining Advance Payments of Tax for Entrepreneurs

The Ministry of Finance adopted the Rulebook on the Form and Content of the Informative Return for Determining Advance Payments of Tax on Income from Basic Self-Employment and Supplementary Entrepreneurial Activity (“Official Gazette of Montenegro”, No. 023/26 of 23 February 2026). The Rulebook was adopted pursuant to Article 48, paragraph 5 of the Personal Income Tax Law.

It prescribes the form and content of the informative return for determining advance payments of income tax earned by persons engaged in basic self-employment or supplementary entrepreneurial activity.

What information does the informative return contain?

The Rulebook specifies that the informative return must contain the information necessary to identify the taxpayer and their activity.

It includes:

• taxpayer information – tax identification number, first name, father’s name and surname;
• residence or temporary residence information – municipality, street and number, telephone number and e-mail address;
• self-employment information – type of activity, name of the business premises, address, bank account, as well as the number and date of the registration act;
• notes.

In this way, a standardized set of information is prescribed for the taxpayer to submit to the tax authority as part of the informative return.

IP-SOD Form and Method of Submission

The informative return is submitted to the tax authority using the IP-SOD Form, which is an integral part of the Rulebook.

The return is submitted in one copy, either:

• directly to the tax authority; or
• electronically, using the tax authority’s electronic services.

The possibility of electronic submission allows taxpayers to fulfil this obligation through electronic services, without the need to submit the documentation in person.

When does the Rulebook enter into force?

The Rulebook enters into force on the eighth day following its publication in the “Official Gazette of Montenegro”. It was published in the “Official Gazette of Montenegro”, No. 023/26 of 23 February 2026.

With the adoption of the new Rulebook, the form, content and method of submission of the informative return for determining advance payments of tax on income from basic self-employment and supplementary entrepreneurial activity have been precisely regulated. Entrepreneurs subject to this obligation should use the prescribed IP-SOD Form and submit the return to the tax authority in one of the prescribed ways.