Montenegro & Malta Double Tax Treaty

The Double Tax Treaty Malta Montenegro states that the maximum Montenegrin withholding tax on dividends distributed by a Montenegrin resident company to a Maltese resident company where the Maltese resident company holds at least 25% of the share capital of the Montenegrin resident company is 5%. In all other cases, the maximum Montenegrin withholding tax is 10%.

The Double Tax Treaty Malta Montenegro sets out a maximum Montenegrin withholding tax of 10% on interest paid by a Montenegrin resident to a Maltese resident beneficial owner of the interest income.

The Double Tax Treaty Malta Montenegro sets out a maximum Montenegrin withholding tax of: – 5% on royalties paid for the use of, or the right to use, any copyright of literary, artistic or scientific work (including cinematograph films or films or tapes used for radio or television broadcasting) – 10% on royalties paid for the use of, or the right to use, any patent, trademark, design or model, plan, secret formula or process, or for the use of, or the right to use, industrial, commercial or scientific equipment, or for information concerning industrial, commercial or scientific experience by a Montenegrin resident to a Maltese resident beneficial owner of the royalty income.

The Double Tax Treaty Malta Montenegro states that pensions and other similar remuneration from Montenegrin sources to a Maltese resident individual may only be taxed in Malta.

However, this does not apply for pensions paid by under the social security legislation of the Montenegrin state, which are taxable in Montenegro only.