Accounting and reporting services in Montenegro

Keep on top of your local accounting obligations and diverse range of regulations, standards and reporting requirements applicable in Montenegro with the help of our in-country professionals.

Our local expert team, consisting of both accountants and tax advisors, is ready to act as an integral part of your internal finance department providing all required expertise, functionality and value of an inhouse team.

With the help of our innovative cloud technology combined with our professional service, we will help you to automate, standardize and streamline your accounting and reporting processes to be able to increase efficiency and control of your financial operations in Montenegro and across the Balkan region. Take well-informed business decisions by getting better control and more accurate reporting – locally and across more countries.

Our accounting, bookkeeping, reporting and tax compliance services in Montenegro can include:

• Bookkeeping of all primary documents in compliance with local statutory requirements
• Maintenance of the statutory accounting general and subsidiary ledgers
• Monthly closing of accounts, reports on profit and loss, balance sheet, cash flow
• Accounts Payable and Accounts Receivable services
• Bank payment administration and cash management
• Inventory services, fixed asset, leases and loans
• Stock management consultancy services
• Preparation of all required statutory reporting and submission to local authorities
• Customized management reports
• Consolidated reporting, reconciliation between statutory and management reports
• Preparation of reports in both local GAAP and international IFRS/US GAAP standards
• VAT registrations and return filings, VAT compliance and consultancy
• Preparation and submission of the Annual Financial Statements (AFS)
• Preparation and submission of the Corporate Income Tax Return (CIT Return)
• Representation in communication with the Tax Office and all statutory authorities in Montenegro
• Assistance and representation during audits, inspections and tax controls
• Any other tax consultancy associated with local taxes, real estate taxes, and others

Accounting consultancy

Our local teams of highly qualified and experienced accountants and tax consultants are here to support your operations and ensure they meet the legislation requirements applicable in Montenegro and across the Balkan region. With our support, you can focus towards more strategic functions of the financial management.

We are ready to use our best practices that are tailored to the local market to provide you with custom solutions and reliable accounting consultancy in Montenegro that can include:

• Establishing accounting control procedures and systems
• Review and optimization of accounting and financial processes
• Fast reconciliation of general ledger accounts
• Financial and accounting due diligence
• International IFRS and US GAAP reporting

Accounting portal

We designed our Accounting online portal to simplify, automate and streamline accounting-related processes, go fully digital thus reducing paperwork and related errors, gain better control and oversight, increase transparency over documents and workflows.

Your employees can now manage tasks in a secure and user-friendly cloud environment. The portal is developed to become a single interface for your accounting operations, thanks to a direct integration with your ERP system, to provide you with immediate updates and reports about the financial picture of your organisation.

By using our Accounting portal, you can:

• Simplify and fully digitalize your accounting processes
• Effectively manage purchase invoices and other accounting documents in cloud
• Connect the portal directly to your accounting software
• Gain real-time access to the financial figures