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Montenegro Cracks Down on Illegal Yacht Rentals, Fining Businesses Nearly 23,000 Euros
๐Ÿ‡ท๐Ÿ‡ธ Serbia /Economy & Trade

Montenegro Cracks Down on Illegal Yacht Rentals, Fining Businesses Nearly 23,000 Euros

From N1 Serbia · () Serbian

Translated from Serbian, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Montenegro has launched "Operation Black Charter" to combat illegal yacht rentals, involving tourism, tax, and navigation safety inspections.
  • So far, 30 inspections have led to 13 violations, resulting in 12 penalty orders and nearly 23,000 euros in fines.
  • The operation aims to curb the grey economy and ensure fair competition for businesses operating legally.

Montenegro has initiated "Operation Black Charter," a coordinated effort to crack down on the illegal rental of yachts. The initiative, launched on June 10, involves a joint task force comprising the tourism inspection, tax inspection, and navigation safety inspection.

The primary goals of the operation are to combat the grey economy and create a level playing field for all businesses operating within the legal framework. During the initial phase, 30 inspections were conducted, identifying 13 irregularities. This led to the issuance of 12 penalty orders and the imposition of fines totaling nearly 23,000 euros.

"This confirms the determination of the competent authorities to oppose illegal work and protect the interests of all economic entities operating lawfully," the government stated. Inspections have revealed a significant number of luxury yachts being rented out illegally in the Bay of Kotor. Reservations for some of these vessels are reportedly made via phone numbers registered in London, highlighting the need for intensified inter-institutional cooperation to monitor cross-border illegal business activities.

Daily rental prices for luxury yachts can range from approximately 3,000 to 22,000 euros, depending on the vessel's type and category. The government warns that this illegal activity causes multiple forms of damage to the state, underscoring the importance of the ongoing crackdown.

This confirms the determination of the competent authorities to oppose illegal work and protect the interests of all economic entities operating lawfully

โ€” Montenegrin Government statementEmphasizing the government's commitment to combating illegal activities in the yacht rental sector.
DistantNews Editorial

Originally published by N1 Serbia in Serbian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.