The Ministry of Finance has issued the Regulation on the Interest Rate Applied to Financial Instruments Between Related Parties for the Year 2024.
This regulation prescribes the interest rate that, in accordance with the “arm’s length principle,” is applied to loans, credits, and other financial instruments between related parties for the year 2024.
The interest rate specified in Article 1 of this regulation is 4.87%.
This Regulation was published in the “Official Gazette of Montenegro” No. 115/23 on December 21, 2023, and will come into force on the eighth day from its publication in the “Official Gazette of Montenegro.” It will apply from January 1, 2024.
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