The President of MFIC, Tamas Kamarasi, participated in a panel discussion as part of the Top Business Montenegro (TBM) initiative, titled “Tax Policy in Montenegro: Instrument for Revenue Collection vs. Instrument for Creating a Business Environment. How to Achieve Balance?” Other panelists included Milorad Katnić, a professor at the Faculty of International Economics, Finance, and Business, Nina Drakić, the President of the Montenegrin Chamber of Commerce, and Aleksandar Damjanović, the Minister of Finance, with Ratko Nikolić, the founder of BI Consulting and the main analyst of TBM, serving as the moderator.
Tamas Kamarasi emphasized that when making investment decisions in a country, foreign investors consider not only tax policies but also other factors such as the rule of law, transparency, political stability, bureaucracy, procedures, market potential, human capital, and opportunities for employee development. He stressed that while tax policy plays a significant role, it is just one part of a broader system that is relevant to foreign investors. He reminded that although Montenegro has lower corporate tax rates compared to the average, the trend in most economies is towards reducing taxes. Therefore, an increase in taxes may affect Montenegro’s long-term attractiveness as an investment destination.
