Montenegro (ME)

Jurisdiction Overview

IDQuestionAnswer
188 *Is there an obligation to keep accounting data? Yes
 Data Date: 2019

Notes

 
Legal entities must maintain proper accounts including underlying documentation (Official Gazette of the Republic of Montenegro, No 69/05 from 11/18/2005: Law on accounting and auditing, Articles 4-7).
 
DATA WARNING: Montenegro is not a member of the Global Forum and has not been reviewed yet.

Sources

Official Gazette of the Republic of Montenegro, No 69/05 from 11/18/2005: Law on accounting and auditing, Articles 4-7 (unofficial translation)
 
https://www.lloydsbanktrade.com/en/market-potential/montenegro/accounting