Montenegro
Hire Employees & Contractors

Montenegro

Compliantly hire your distributed team members in

Montenegro

Person working on laptop

Hiring in

Montenegro

isn't so simple. Borderless can help.

To hire new employees in

Montenegro

, your business must have a local legal entity or an Employer of Record like Borderless in place already. Then there’s the management of local employment compliance, taxes, benefits, payroll, and more. Hiring contractors poses similar challenges.

Borderless handles all of that for you, so you can focus on getting to work with your new team member in

Montenegro

while staying fully compliant with local laws and compliance.

Primary Language

Serbian, Bosnian, Albanian, Croatian

Currency

Euro (€, EUR)

Payroll Frequency

Monthly

Public Holidays

13 days

Employer Taxes

6%

Cost of Living Index

38.9

Statutory Leave

20 days

Sick Leave

up to 60 days at 70% pay

Maternity Leave

98 days

Important: Risks of misclassification

In many countries like

Montenegro

, the treatment of employees and contractors is different. If you misclassify a new team member, you could be subjected to penalties and fines. Let Borderless get this right for you, so you don’t have to worry.

Payment Information

Minimum Wage

EUR 532.5 per month.

Overtime Pay

Work over 40 hours per week considered overtime and cannot exceed 50 hours per week.

The minimum rate for overtime is 140% hourly rate and may vary per contract.

Additional Pay

There is no additional pay detail for Montenegro.

Payroll Cycle

For all Borderless customers, payments will be made in monthly instalments by last business day of the month.

Employer Costs & Taxes

  • Pension and disability insurance 5.5%.
  • Unemployment insurance 0.5%.

Employee Costs & Taxes

  • Salaries up to EUR 700 (gross) are exempt from tax
  • Salaries ranging from EUR 701 up to EUR 1,000 (gross) are subject to 9% tax
  • Salaries from EUR 1001 (gross) are subject to 15% tax

Employment Information

Termination Process

Employers must provide written notice and proper justification for termination.

Notice period

Notice periods must be given in writing and be at least 30 days before the end of employment.

Probation Period

The average probation period is 3 months in Montenegro and should not exceed 6 months.

Severance Details

Severance is outlined in the employment contract and should not be less than three times the average monthly salary.

Benefits of working in a country abroad

Borderless Benefits Packages in

Montenegro

When the world is your competition, it pays to incentivize new hires and existing alike. Borderless benefits packages typically include:

Medical Insurance
Dental Insurance
Vision Insurance
Life Insurance
Retirement Contributions

Learn how to hire quickly and easily in

Montenegro

Book your demo of Borderless to help you hire, pay, and take care of new employees and contractors in 170+ countries.

Book a demo