The public-private partnership model is one of the ways for new investments in the municipality of Bijelo Polje

English

Details: 21 February 2024

Representatives of the Municipality of Bijelo Polje and the Investment Agency of Montenegro will consider ways to improve interdepartmental cooperation, which will create conditions for bringing investors to Bijelo Polje, it was concluded at the meeting of President Petar Smolović with representatives of the Agency led by director Snežana Đurović.

President Smolović presented the potential of Bijelo Polje to the guests, as well as the activities that the local self-government has implemented in order to remove business barriers.

"For numerous projects, the Municipality has already created prerequisites that are within its competence, and now we expect support from the state level," - announced the President of the Municipality.

The Agency for Investments stated that one of the models for improving cooperation with local self-governments, but also for attracting investors, is public-private partnership, as a new investment model in Montenegro, especially in part of the wide range of areas in which PPP can be implemented.

"In that part, the Agency tries to be directed not only towards the Government and local self-governments as public contracting authorities, but also towards private partners who can be the bearers of the initiative for starting the implementation of the public-private partnership project" - announced the representatives of the Investment Agency.

The meeting was also attended by the head of the Office for Local Economic Development of the Municipality of Bijelo Polje, Dalibor Đogović, who said that KLER has long-standing cooperation with the Investment Agency of Montenegro. He stated, among other things, that this cooperation is reflected in the participation in the trainings organized by the Agency on the implementation of the law on PPP, as well as in joint marketing activities regarding the promotion of the investment potential of Bijelo Polje and business zones. It was concluded that in the coming period the municipality should update its investment offer, in the promotion of which the Agency for Investments of Montenegro will participate.

STRATEGIC DEVELOPMENT

APPLICATION FORM FOR BUSINESS ZONES

CONTACT:

OFFICE FOR LOCAL ECONOMY DEVELOPMENT

TelL: +382 69 840 551

E-mail: kler@bijelopolje.co.me

REAL ESTATES

ACCOMODATION:

e-CADASRE

e-LICENSE

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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