{"id":4263,"date":"2021-05-28T12:20:00","date_gmt":"2021-05-28T09:20:00","guid":{"rendered":"http:\/\/prifinance.loc\/uncategorized\/croatia\/"},"modified":"2023-12-15T19:29:03","modified_gmt":"2023-12-15T16:29:03","slug":"croatia","status":"publish","type":"post","link":"https:\/\/prifinance.com\/en\/european-companies\/croatia\/","title":{"rendered":"Company registration in Croatia"},"content":{"rendered":"<div class=\"info-block\">\n<p>Croatia belongs to the attractive European jurisdictions whose potential is underestimated. The country has a steadily growing economy with significantly developed industrial sectors like mechanical engineering, pharmaceuticals, and tourism. Therefore, it can be interesting to open a company in Croatia (Zagreb or any other city) because of the access to many benefits.<\/p>\n<h2>Advantages of registering a business in Croatia<\/h2>\n<p>If you have set your sights on registering a company in Croatia, this option can be potentially advantageous due to the following advantages of the jurisdiction:<\/p>\n<ul>\n<li>steadily developing economy;<\/li>\n<li>the favorable location in the European region with free access to European markets;<\/li>\n<li>availability of free economic zones;<\/li>\n<li>openness to foreign investors;<\/li>\n<li>fast company registration procedure in Croatia;<\/li>\n<li>the possibility of obtaining a residence permit without any problems.<\/li>\n<\/ul>\n<\/div>\n<div class=\"info-block\">\n<h2>Business and legal presence forms<\/h2>\n<p>It is possible to open a business in Croatia or otherwise establish a business presence in one of several forms:<\/p>\n<ul>\n<li><em><strong>A Limited Liability Company<\/strong><\/em> is a business that can be founded even by one participant whose liability does not exceed the investment amount. The minimum founding capital is 20,000 Croatian kuna. The company has simple record-keeping and filing requirements. Suitable for small and medium businesses.<\/li>\n<li><em><strong>A joint-stock company<\/strong><\/em> is suitable for large businesses that plan to attract investments in large volumes. One shareholder can find a company whose liability, under all conditions, does not exceed the investment amount. The minimum amount of share capital is 200,000 Croatian kuna. JSC has stricter requirements for accounting and reporting.<\/li>\n<li><em><strong>A branch<\/strong><\/em> is a form of doing business by a foreign company that can carry out the same activities in Croatia as it does in its country of registration.<\/li>\n<li><em><strong>A representative office<\/strong><\/em> is an option where a foreign company has no right to conduct business in Croatia. Still, it can explore local markets to invest large sums in this country in the future.<\/li>\n<\/ul>\n<\/div>\n<div class=\"info-block\">\n<h2>Company registration procedure in Croatia<\/h2>\n<p><strong>You can register a company in Croatia by going through the following approximate steps:<\/strong><\/p>\n<ol>\n<li>Selection of activities and commercial name for the future Croatian company. Drawing up a business plan.<\/li>\n<li>Search and decoration of management and office for the future company.<\/li>\n<li>Collecting information about the founders, beneficiaries, and management of the future Croatian company.<\/li>\n<li>Drawing up and executing founding and incorporation documents. Documents not in Croatian should be translated into Croatian and managed adequately.<\/li>\n<li>Opening a bank account to pay the share capital (1\/4 minimum).<\/li>\n<li>Paying the registration fee and submitting the documents to the registrar for review.<\/li>\n<li>Registration to pay taxes and mandatory social contributions.<\/li>\n<li>Registration of additional licenses and permits.<\/li>\n<\/ol>\n<\/div>\n<div class=\"info-block\">\n<h2>Legislation and regulatory environment<\/h2>\n<p>Croatian law is generally open to foreign citizens. Non-residents can register companies, buy real estate, and have available accounts with local citizens. Prifinance lawyers are ready to provide individual consultations after receiving input from you.<\/p>\n<\/div>\n<div class=\"info-block\">\n<h2>Croatia&#8217;s tax system<\/h2>\n<p>The option of company registration in Croatia should be considered along with the following parameters of the local tax system:<\/p>\n<ul>\n<li><em>Corporate tax &#8211; (1) 18% &#8211; for companies whose revenues exceed Croatian kuna 7.5 million, (2) 10% &#8211; for companies whose revenues do not exceed Croatian kuna 7.5 million<\/em><\/li>\n<li><em>Income tax &#8211; 0-18%<\/em><\/li>\n<li><em>VAT &#8211; 25%<\/em><\/li>\n<li><em>(1) corporate tax: (a) dividends &#8211; 10% (b) interest &#8211; 15% (c) royalties &#8211; 15% (2) individual tax: (a) dividends &#8211; 10% (b) interest &#8211; 10% (c) royalties &#8211; 20%<\/em><\/li>\n<li><em>Capital Gains Tax &#8211; (1) corporate &#8211; see corporate tax (2) individual &#8211; 0-18%<\/em><\/li>\n<\/ul>\n<\/div>\n<div class=\"info-block\">\n<h2>How Prifinance lawyers can help<\/h2>\n<ul>\n<li>evaluate the option in terms of compliance with your business plans, as well as taking into account the background of your business case;<\/li>\n<li>develop an individual plan for company registration in Croatia;<\/li>\n<li>collect and properly execute all the necessary data for registration of the future company in Croatia;<\/li>\n<li>draw up and manage all essential documents, including incorporation and registration documents for the new company;<\/li>\n<li>undertake the actual completion of the new business registration procedure in Croatia;<\/li>\n<li>open bank accounts or EMI for the future company;<\/li>\n<li>provide legal support in the process of further operation of your Croatian company.<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Croatia belongs to the attractive European jurisdictions whose potential is underestimated. The country has a steadily growing economy with significantly developed industrial sectors like mechanical engineering, pharmaceuticals, and tourism. Therefore, it can be interesting to open a company in Croatia (Zagreb or any other city) because of the access to many benefits. Advantages of registering [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[268],"tags":[302],"class_list":["post-4263","post","type-post","status-publish","format-standard","hentry","category-european-companies","tag-croatia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Company registration in Croatia | Prifinance Company<\/title>\n<meta name=\"description\" content=\"We offer company formation and bank account opening services in Croatia. 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