Learn more About SAP
  1. Home
  2. Payment Terms
  3. Montenegro

Payment Terms Legislation In Montenegro

Montenegro Flag

Montenegro

Please see below for a summary of payment terms in Montenegro and the various industries across which payment term legislation appears. You can also download a summary of all Montenegro payment terms by clicking the button below.
Industries Laws Codes Notes Interest Rate
Government
Comm_terms_law
Construction
Manufacturing
Retail_agriculture
Services

LAWS

The Act on Deadlines for Settlement of Monetary Obligations set a default maximum payment term of 30 days. This term can be extended to 60 days, and 90 days if covered by a bank guarantee or bill of exchange.

  • Comm_terms_law
  • Construction
  • Manufacturing
  • Retail_agriculture
  • Services
Go to link
View Payment Terms Disclaimer

Ready to liberate your cash?

Discover the source of value in your supply chain

Contact our sales team
Taulia
taulia.com
Payment Terms Disclaimer

The information contained on this site is for general guidance on matters of interest only. The application and impact of laws can vary widely based on the specific facts involved. Given the changing nature of laws, rules and regulations, the information on this site is provided with the understanding that the authors and publishers are not engaged in rendering legal, accounting, tax, or other professional advice and services. As such, it should not be used as a substitute for consultation with professional accounting, tax, legal or other competent advisers.

While we have made reasonable attempts to ensure that the information contained on this site has been obtained from reliable sources, we are not responsible for any errors or omissions, or for the results obtained from the use of this information. All information in this site is provided “as is”, with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information, and without warranty of any kind, express or implied, including, but not limited to warranties of performance, merchantability and fitness for a particular purpose. In no event will Taulia be liable to any person for any decision made or action taken in reliance on the information on this site or for any consequential, special or similar damages, even if advised of the possibility of such damages.

Certain links in this site connect to other websites maintained by third parties over whom Taulia has no control. Taulia makes no representation as to the accuracy or any other aspect of information contained on other websites.