The Liechtenstein–Montenegro income and capital tax treaty entered into force on 13 May 2026 and will apply from 1 January 2027. It covers key income and capital taxes in both jurisdictions and sets withholding tax rates of 5% for dividends (10% in other cases), interest, and royalties.
The income and capital tax treaty between Liechtenstein and Montenegro entered into force today, 13 May 2026.
The agreement applies to Montenegrin personal income tax, corporate profit tax, and immovable property tax. It also applies to Liechtenstein personal income tax, corporate income tax, real estate capital gains tax, and wealth tax.
Withholding tax rates for dividends are subject to a 5% rate if the beneficial owner is a company that directly or indirectly holds at least 10% of the capital of the paying company; in all other cases, the rate is 10%. Interest is taxed at a rate of 5%. Royalties are also subject to a withholding tax rate of 5%.
This treaty applies from 1 January 2027.
Earlier, Montenegro’s government approved the draft law to ratify the income and capital tax treaty with Liechtenstein on 4 December 2025.
