Overview

Capital
Podgorica
Currency
Albanian Lek (ALL)
Date Format
dd/mm/yyyy

Taxes

Employer

Employer Payroll Tax

5.50%
Pension and Disability insurance
2.30%
Health Insurance
0.50%
Unemployment Insurance
8.30% Total Employment Cost
Employee

Employee Payroll Taxes

15.00%
Pension and Disability Insurance
8.50%
Health Insurance
0.50%
Unemployment Insurance
24.00% Total Employee Cost
Employee

Employee Income Tax

9.00%
Flat Rate
11.00%
For gross salaries exceeding average monthly salary
Employer Taxes
3 HIGHEST
3 LOWEST
Brazil
China
Slovakia
Montenegro
South Africa
Georgia
Macedonia
82.39%
41.12%
37.2%
8.3%
2%
2%
0%
Employee taxes
3 HIGHEST
3 LOWEST
Romania
Macedonia
Netherlands
Montenegro
Georgia
Belarus
Ukraine
45%
28%
27.65%
24%
2%
1%
0%

Minimum Wage

General

The monthly minimum wage is 222.00 EUR.  

Minimum wage (per month)
$4000
$2663
$2491
$260
$47
$36.80
$2.33
Geneva
Luxembourg
Australia
Montenegro
Malawi
Angola
Venezuela
3 HIGHEST
3 LOWEST

Payroll

Payroll Cycle

Employees receive their salaries monthly.

13th Salary

There are no provisions in the law.

Working Hours

General

Full-time employment is 8 hours a day and 40 hours a week.

Overtime

Overtime cannot exceed more than 10 hours per week for a total of 50 hours worked.  In general, overtime must be agreed upon in writing with the exception of emergency situations. Overtime pay is generally outlined in collective bargaining agreements, but the minimum legal threshold is 140% of the regular pay.   

Leave

Paid Time Off

The minimum annual leave is 20 working days. Employees with a job with harsh working conditions where full-time work hours are reduced from 40 to 36 hours per week are entitled to 30 working days. Employees who have a six-day long work week are entitled to a minimum of 24 working days of annual leave.

Vacation days
Public holidays
3 HIGHEST
3 LOWEST
Brazil
Peru
Albania
Montenegro
Michigan
China
Federal
30
13
43
30
12
42
28
14
42
20
14
34
2
11
13
5
7
12
10
10
Public Holidays

There are 10 public holidays.

Sick Days

Employees receive 70% compensation from their employer for the first 60 days of sick leave and then after from social security.

Employees are obligated to provide their employers with a medical certificate within 3 days of starting their sick leave.

Maternity Leave

Pregnant employees receive 98 days of paid maternity leave. 28 days are taken prior to birth and 70 days are taken after childbirth.

PAID MATERNITY LEAVE (DAYS)
410
365
365
98
45
30
0
Bulgaria
Serbia
Albania
Montenegro
United Arab Emirates
Tunisia
Federal
3 HIGHEST
3 LOWEST
Paternity Leave

See parental leave.

Parental Leave

Parental leave can be used after the completion of maternity leave for a duration of 365 days. Each parent is entitled to an even share of the leave. Parental leave that one parent started using may be transferred to the other parent upon expiry of 30 days from the date when that parent started using the parental leave.  If this is done, the parent who transferred the right to the other parent shall not be entitled to the continuation of the use of parental leave.

Termination

Termination Process

To terminate an employee, an employer must have sufficient grounds by virtue of law and provide the required notice of termination.

Notice Period

A written notice must be given at least 30 days prior to the date of termination of employment unless the employer and the employee agreed otherwise.

Severance Pay

Severance should not be lower than 3 average monthly wages free of taxes and contributions in the previous semester.

Probation Period

The probationary period is defined by a collective agreement with an employer or the labor contract and shall not exceed six months, except in case of a crewmember of a long-haul merchant mariner, where it may last until the ship returns to the homeport.

VAT

General

VAT is 19% standard rate.

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