More than 350,000 euros from the Kingdom of Norway for opening new jobs in Montenegro

English

Details: 26 June 2019

- The Kingdom of Norway has allocated 350,000 euros for a public call to support new entrepreneurs, micro and small businesses to open new jobs, within the framework of the "Norway for you - Montenegro" project. Until 10 August 2019, project proposals for grants can be submitted by registered legal entities from 16 municipalities covered by the project, and the support value can range from 5,000 to 10,000 Euros.

This public call aims to increase employment opportunities in undeveloped areas of Montenegro through the development of the private sector by creating new jobs. The invitation is intended for entrepreneurs, micro and small enterprises oriented towards production and services from Andrijevica, Berane, Bijelo Polje, Cetinje, Danilovgrad, Gusinje, Kolasin, Mojkovac, Niksic, Petnjica, Plava, Pljevlja, Rozaja, Savnik, Ulcinj and Zabljak, registered in from 1 January 2014 to 31 December 2018.

All businessmen to whom grants are approved will be required to participate in a financial contribution of 10 percent in cash from the total eligible project cost. The detailed criteria for the public invitation and the documents for filing the application are available on the website of the project "Norway for you - Montenegro". Information sessions in which all interested parties will be able to get clarifications and more detailed information will be held in July 2019 in several municipalities that are covered by the call.

The project "Norway for you - Montenegro" aims to contribute to the balanced socio-economic development of Montenegro, through increasing employment opportunities, supporting social cohesion and improving local infrastructure in less developed municipalities of Montenegro. The project is funded by the Kingdom of Norway with EUR 1.4 million, and field activities are carried out by the United Nations Office for Project Services (UNOPS).

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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