In Montenegro, it is necessary to improve existing and create new measures to combat the shadow economy, especially in the area of promoting the importance of formalization, the Employers' Union (UPCG) announced.
This association, with the support of the International Labor Organization (ILO), has prepared the document Business Agenda 2025, which identifies priority areas of reform aimed at improving the business environment, growth and competitiveness of enterprises, reports PR Center.
"The Business Agenda 2025 emerged from the EESE report (Encouraging Environment for Sustainable Enterprises), which the MEF prepared in cooperation with the ILO. This document will be presented at the Business Agenda 2025 forum, which the MEF is organizing on February 20th, on the occasion of the International Day of Social Justice, with the support of the ILO," the Union announced.
The recommendations from the Business Agenda 2025 state that it is necessary to implement specific measures at the state level to combat the shadow economy, while ensuring the implementation and evaluation of the action plan.
"It is necessary to raise awareness about formalization through campaigns on its benefits, the formalization process and the risks of remaining in the informal sector. At the same time, it is necessary to provide more incentives for formalization, such as tax breaks and a simplified registration process for businesses," the Union said.
It is also recommended to reduce obstacles to remaining in the formal sector, for example by minimizing administrative requirements and costs, as well as increasing the risks associated with informal business, through tightening regulatory measures against counterfeit products and entities that sell them.
"When it comes to recommendations for accelerating innovation and the digital transformation of companies, it is necessary to ensure the smooth implementation of current legislation while overcoming administrative obstacles and problems," the recommendations state.
The MEF said that challenges in the implementation of laws such as the law on electronic identification and electronic signature, as well as electronic documents, should be addressed through targeted measures to remove obstacles to their full implementation and create a seamless digital environment.
"Also, we should continue to adopt new laws aligned with the EU and the Digital Agenda 2030," added the MEF.
When it comes to recommendations for education, training and lifelong learning, the Business Plan for 2025 states that it is necessary to establish a modern, flexible and appropriate adult education system.
"Employers, employees and the unemployed will benefit from mechanisms that enable rapid acquisition of new skills and retraining of the workforce. This should include rapid identification of needs for additional training and retraining and their transformation into short-term courses, quality assurance mechanisms, sustainable financial mechanisms and ensuring that the potential of women and vulnerable groups is adequately developed," said the MEF.
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