Montenegro - Ease of doing business

New business density (new registrations per 1,000 people ages 15-64)

New business density (new registrations per 1,000 people ages 15-64) in Montenegro was 7.95 as of 2020. Its highest value over the past 14 years was 11.29 in 2018, while its lowest value was 5.59 in 2009.

Definition: New businesses registered are the number of new limited liability corporations registered in the calendar year.

Source: World Bank's Entrepreneurship Survey and database (http://www.doingbusiness.org/data/exploretopics/entrepreneurship).

See also:

Year Value
2006 7.42
2007 10.35
2008 8.18
2009 5.59
2010 5.64
2011 5.60
2012 5.91
2013 6.87
2014 7.30
2015 7.15
2016 6.71
2017 7.61
2018 11.29
2019 9.99
2020 7.95

Time to obtain an electrical connection (days)

Definition: The average wait, in days, experienced to obtain an electrical connection from the day an establishment applies for it to the day it receives the service.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2009 30.90
2013 35.80
2019 49.40

Power outages in firms in a typical month (number)

Definition: Power outages are the average number of power outages that establishments experience in a typical month.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2009 3.80
2013 3.40
2019 0.60

Firms experiencing electrical outages (% of firms)

Definition: Percent of firms experiencing electrical outages during the previous fiscal year.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2009 55.30
2013 75.20
2019 38.70

Time required to get electricity (days)

The value for Time required to get electricity (days) in Montenegro was 131.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 142.00 in 2016 and a minimum value of 131.00 in 2017.

Definition: Time required to get electricity is the number of days to obtain a permanent electricity connection. The measure captures the median duration that the electricity utility and experts indicate is necessary in practice, rather than required by law, to complete a procedure.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2009 142.00
2010 142.00
2011 142.00
2012 142.00
2013 142.00
2014 142.00
2015 142.00
2016 142.00
2017 131.00
2018 131.00
2019 131.00

Firms that do not report all sales for tax purposes (% of firms)

Definition: Firms that do not report all sales for tax purposes are the percentage of firms that expressed that a typical firm reports less than 100 percent of sales for tax purposes; such firms are termed "informal firms."

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2003 79.17

Firms visited or required meetings with tax officials (% of firms)

Definition: Percent of firms that were visited or required to meet with tax officials.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2009 56.00
2013 75.20
2019 66.90

Firms that spend on R&D (% of firms)

Definition: Percent of firms that spend on research and development.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2013 9.40
2019 1.30

Firms experiencing losses due to theft and vandalism (% of firms)

Definition: Percent of firms experiencing losses due to theft, robbery, vandalism or arson that occurred on the establishment's premises.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2009 12.20
2013 18.90
2019 5.80

Firms expected to give gifts in meetings with tax officials (% of firms)

Definition: Firms expected to give gifts in meetings with tax officials is the percentage of firms that answered positively to the question "was a gift or informal payment expected or requested during a meeting with tax officials?"

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2009 3.40
2013 15.30
2019 22.80

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Montenegro was 13.40 as of 2019. Its highest value over the past 13 years was 20.00 in 2008, while its lowest value was 12.80 in 2011.

Definition: Labor tax and contributions is the amount of taxes and mandatory contributions on labor paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2006 19.40
2007 19.40
2008 20.00
2009 18.80
2010 17.90
2011 12.80
2012 12.80
2013 12.80
2014 12.80
2015 12.80
2016 13.30
2017 13.40
2018 13.40
2019 13.40

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Montenegro was 0.50 as of 2019. Its highest value over the past 13 years was 4.20 in 2008, while its lowest value was 0.50 in 2017.

Definition: Other taxes payable by businesses include the amounts paid for property taxes, turnover taxes, and other small taxes such as municipal fees and vehicle and fuel taxes.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2006 4.20
2007 4.20
2008 4.20
2009 3.80
2010 3.70
2011 3.70
2012 0.70
2013 0.70
2014 0.70
2015 0.70
2016 0.70
2017 0.50
2018 0.50
2019 0.50

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Montenegro was 8.30 as of 2019. Its highest value over the past 13 years was 9.60 in 2007, while its lowest value was 7.50 in 2009.

Definition: Profit tax is the amount of taxes on profits paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2006 9.60
2007 9.60
2008 9.50
2009 7.50
2010 7.50
2011 8.00
2012 8.30
2013 8.30
2014 8.30
2015 8.30
2016 8.20
2017 8.20
2018 8.30
2019 8.30

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment