IX Session of the Council for economic development of Bijelo Polje Municipality was held

English

Details: 02 December 2019

The 9th session of the Council for Economic Development of Bijelo Polje Municipality was held in the Assembly Hall on November 29, 2019. year

Of the eight items on the agenda, Council members spent most of their time discussing the Draft Budget Decision for 2020. and the Draft Spatial Planning Program for 2020. year.

Head of the Budget Department of the Bijelo Polje Municipality Secretariat for Finance, Fernala Zaimović, informed members about Municipality Draft Budget Decision, where she stated that total planned revenue of the Municipality is EUR 15,450,000. Moreover, due to the budget balance in the same amount of EUR 15,450,000, the total budget revenues were reallocated to current budget spending in amount of EUR 7,788,700, debt repayment of EUR 3,315,000, capital budget of EUR 4,145,700.

“In Budget planing for 2020. focus is on providing a larger volume of funds for financing capital expenditures in order to accelerate development of the city and make local government more efficient. Planned funds for these purposes are € 4,145,700, representing a percentage of 27.12% of total planned expenditures for 2020, ” Zaimovic said.

Milanko Minić, Director of the Directorate for Construction and Investment of the Municipality Bijelo Polje presented details of Draft Spatial Planning Program for 2020. He said that Municipality has prepared the planning documentation of higher and lower order, the Spatial plan that covers entire territory of the Municipality and thus created the conditions for the construction of all types of facilities throughout municipality. “The amount planned for the 2020 Spatial Planning Program is around € 61 million. In addition to the capital budget of the Municipality, the funds allocated for the realization of the Spatial Planning Program for 2020 include funds allocated by the Government of Montenegro, Public Works Directorate, Transport Directorate, World Bank, IFAD, etc. ”- Minić said, who also presented the capital investment plan for 2020 and projects that will be implemented in next year, which are an integral part of the Capital Investment Plan of Municipality Bijelo Polje for period 2019-2021. year.

The discussion on these points also included the Mayor of the Municipality Petar Smolovic, who said that there are currently about 104 projects underway and they need to be completed. He emphasized the importance of the capital projects of "Đalovića cave" and project "Bjelasica", and in budget planning, care was taken to continue the works on projects without borrowing.

"We have made savings in certain sectors, and the funds raised through austerity measures have been diverted to further development. It was very important to raise financial discipline, while in the coming period we plan to improve our tax collection” mayor said.

At the session, Hajriz-Hacko Brcvak, Nedeljko Jeremic and Vukman Obradovic were elected as new members of the Economic Development Council, in place of Vladimir Velickovic, Resad Nuhodzic and Svetlana Bubanja Lekovic, who resigned as members due to professional commitments and inability to attend sessions regularly.

The Council has appointed three members who will deal with the Business Forum and its organization in more detail, who will design the Business Forum for 2020. and who will try to link the Bijelo Polje Business Forum with related business forums in the region.

A Report from the meeting between the Municipality of Bijelo Polje - representatives of the Economic Development Council and representatives of the Customs Administration of Montenegro was presented to Council members , as well as an Analysis of the structure and activities of business entities registered in the territory of the Municipality of Bijelo Polje.

At the end of the session, the following conclusions were adopted:

- The Council for Economic Development of the Municipality of Bijelo Polje unanimously endorses the Draft Budget of the Municipality of Bijelo Polje for 2020 and proposes that it should be submitted to the Municipal Assembly for adoption;
- The Council for Economic Development of the Municipality of Bijelo Polje unanimously supports the Draft Spatial Planning Program for 2020 and proposes that it should be submitted to the Municipal Assembly for adoption. The Council also supports the annual capital investment plan for 2020 according to the Capital Investment Plan of the Municipality of Bijelo Polje.
- A business forum will be organized next year, and representatives of the Local Economic Development Council will be selected to look after the organization and overall implementation of the 2020 Business Forum.

STRATEGIC DEVELOPMENT

APPLICATION FORM FOR BUSINESS ZONES

CONTACT:

OFFICE FOR LOCAL ECONOMY DEVELOPMENT

TelL: +382 69 840 551

E-mail: kler@bijelopolje.co.me

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ACCOMODATION:

e-CADASRE

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USFULL LINKS:

Municipality of Bijelo Polje

Municipal Assembly of Bijelo Polje

Secretariat for the regulation of the area of Bijelo Polje Municipality

Government of Montenegro

Investment Development Fund

Tourist organization Bijelo Polje

Tourism organisation of Montenegro

Chamber of economy of Montenegro

UNDP

Union of municipatilies

Secretariat for Development Projects

Montenegrin employers federation

Employment Office of Montenegro

Portal Prekoveze

Portal zaposli.me

Association of montenegrin managers

Association of business women of Montenegro

Association of Entrepreneurs of Montenegro

BIJELO POLJE WEATHER

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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