Representatives of the Municipality of Bijelo Polje, Dalibor Đogović, head of the Office for Local Economic Development, and Jasmin Šabanović from the EU Projects Office, participated in the first transnational In4Green meeting, which took place on October 25 and 26 in Spain. They stayed in the city of Aviles as part of a project implemented within the URBACT network of European cities.

Bijelo Polje has started the re-certification process under the BFC SEE program, which will confirm that the Municipality has a favorable business environment.

On September 20, the President of the Chamber of Commerce of Montenegro, Dr. Nina Drakić, and the President of the Municipality of Bijelo Polje, Mr. Petar Smolović, signed the Agreement on the implementation of the local self-government verification procedure in order to obtain a certificate of compliance with the BFC SEE standard.

The development of the North of Montenegro must be an obligation of every government and a policy that cannot be debated, said Duško Marković, Prime Minister of Montenegro from 2016 to 2020 year, from the panel of the Bijelo Polje Business Forum on the topic of the impact of capital investments on balanced regional development. Hasan Ramović, president of the Council for Economic Development of the Municipality of Bijelo Polje and one of the founders of this gathering moderated panel.

Human capital as the backbone of economic development - the challenge of labor force outflow and ways to overcome it through education, was discussed by prof. Dr. Mijat Jocović, Dean of the Faculty of Economics of the University of Montenegro, Aleksandar Rakočević, assistant director of the Employment Office, Jelena Vuletić, founder of DOO "Balance 2 business" and member of the Management Board of the Mortgage Bank for Risks, and businessman Muzafer Ljuca from Bijelo Polje.

The second day of the 4th Bjelopolje Business Forum began with the 4th panel discussion on the topic: "Women and young people as founders of business". Milica Lazarević, Chamber of Commerce moderated, and the panelists were Nemša Omerhodžić, DOO Merkator Bijelo Polje, Jasmina Vlahović, Garni hotel & Glamping "Zvjezdana dolina", Marko Maraš, founder of the platform "" and Uroš Bulatović, president of the Union of Young Entrepreneurs of Montenegro Above.

The topic of "New opportunities for development based on knowledge and innovation" of the Bjelo Polje Business Forum was discussed by the Minister of Science of Montenegro, Dr. Biljana Šćepanović, the Executive Director of IPC Tehnopolis, Đorđe Malović, and the Executive Director of the Innovation Fund, Dr. Bojana Femić Radosavović.




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R E L I E F S:

Municipal Decision on tax reliefs

Article 4

Companies and entrepreneurs referred to in Article 3 shall be introduced and identified the following financial incentives:

  • exemption from payment of communal fee for construction land,
  • exemption from payment of the fee for the use of municipal roads,
  • exemption from payment of surtax on personal income tax,
  • exemption from paying tax on real estate above 0.1% of the market value of the real estate.

Article 5

The tax exemption from Article 4 item 1 investor (company and entrepreneur) is realized in the amount up to 7,000.00 euros per one newly employed worker, or newly opened workplace, and can be used only if by investing, it increases the number of employees for 5 or more employees.

The incentives referred to in Article 4 item 2, 3 and 4 of this Decision shall also apply to existing companies and entrepreneurs in the area of ​​the Bijelo Polje municipality for the extension of the economic activity referred to in Article 3 of this Decision, and can only be used if the expansion increases the number of employees for 5 or more workers and is valid for a period of 3 (three) years.

Note: The new Regulation on Business Zones was adopted on December 13, 2016 and was published in the Official Journal of Montenegro, No. 77/2016.

The municipality is obliged to until 21.06.2018, in accordance with the Government Regulation, adopt a new Business Zone Decision.

We are also referring to the Decision on the fee for communal equipment for construction land that was published on 29.12.2015. in the "Official Journal of Montenegro - Municipal Regulations" No. 48/15.

Tax reliefs – New Government Regulation on business zones

Article 15

For employed people working in a business zones, the business zone user does not pay:

1) Contributions for compulsory social insurance for salaries (contributions for pension and disability insurance, contribution for health insurance, unemployment insurance contribution) and contributions for the Labor Fund;

2) Personal income tax;

The amount of the relief referred to in paragraph 1 of this Article can not exceed the maximum allowable aid intensity of 60% for medium and 70% for small companies, in accordance with the regulations governing state aid.

The user of the business zone may use the incentives referred to in paragraph 1 of this Article, for a maximum period of five years from the date of employment of persons in the business zone.

For the employee referred to in paragraph 1, item 1 of this Article, the user of the business zone calculates, suspends and pays the employee from the earnings of the employee: the contribution for the pension and invasive insurance at the rate of 15,0% contribution to health insurance at a rate of 8.5% and contribution to insurance against unemployment at a rate of 0.5% upon payment of earnings.

The basis for calculating the contribution referred to in paragraph 1 of this Article shall be gross employee earnings.

The user of the business zone pays the calculated surtax of income tax.

In addition to the relief referred to in paragraph 1 of this Article, the beneficiary of the business zone shall also exercise the right to other incentives in accordance with the law and special regulations governing state aid, although they must not exceed the maximum allowable amount of incentive in accordance with paragraph 2 of this Article.



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