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Citizens of EU Member States. For citizens who are not members of the EU the rule of reciprocity applies i.e. if a Croatian citizen can buy in that country then the citizens of those countries can purchase in Croatia.
You will need your passport and OIB number that every person in Croatia must have, which your solicitor will issue at the local Tax Administration Office.
A valid passport for 6 months beyond the return date is required to enter Croatia. Citizens of the EU only need a valid passport and travellers from the US, Australia, Hong Kong, Singapore, New Zealand and Canada are allowed to stay in Croatia for up to 90 days without a VISA.
Self-isolation is no longer imposed on all passengers on border crossing points when entering Croatia. Self-isolation may be imposed for individuals who have been in contact with a person infected with COVID-19. Border police officers will provide individuals with instructions and recommendations issued by the Croatian Institute of Public Health.
The Company Act makes provision that domestic and foreign companies do business under equal footing.
A series of acts aimed at the protection of intellectual property helped to align Croatia’s legal framework with EU regulation. Croatia is a member of WIPO (World Intellectual Property Organization) and is a party to the Uruguay Round Agreement on Trade-Related Intellectual Property Rights (TRIPS).
The services sector generates around 60% of the country’s GDP, the tourism sector creates the most income and employment opportunities and is the largest source of foreign revenue for Croatia.
The Croatian Bureau of Statistics publishes tourism figures regularly. Data is available monthly, quarterly and yearly.
Foreigners can easily register subsidiaries in Croatia and benefit from the advantages of such a business structure, like double taxation agreements, in compliance with the Commercial Code and the Companies Act.
These are ready-made companies that can be purchased by foreign investors in Croatia. Shelf companies come with a host of benefits such as easy market access and complete transfer of ownership with less red-tape.
The Trade Register (known as the Croatian Company Registry) is represented by the Commercial Court and managed by the Chamber of Commerce. All companies must register with the Commercial Court in Croatia before starting commercial transactions.
The Financial Agency of Croatia also deals with company registration.
Croatia has a Ba1 credit rating that was upgraded by Moody’s in November 2020. Strong economic growth, comprehensive structural reforms and stable political environment contribute to the positive credit rating.
Yes, foreigners need to register an office in Croatia before commencing business activities.
Limited liability companies, joint stock companies, general or limited partnerships and sole traders are options available to foreign investors.
Limited liability companies in Croatia can be set up with a minimum share capital of approximately EUR 2,700.
Joint stock companies in Croatia can be established with a minimum share capital of HRK 200,000 or approximately EUR 27,000.
Croatia has limited markets, but more purchasing power exists in German markets. Through our expert network these untapped markets can be fully explored.
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IT, construction and tourism.
We are directly at your doorstep with ourZagreb office. While other Western European companies manage their business from abroad we will always be there in person to assist our clients whenever they need us. We are the reliable German partner for your business in SEE.
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We cannot, but we have an unfair advantage over our competitors: extensive personal network and years of industry-specific experience. We are experts in our fields and know how to approach the market to ensure the best possible outcomes.
Yes, we have. Our giant network can find someone for every field.
Our experts are in the “business of people”. They are well-rounded individuals with heaps of experience and a true passion for people and business. Whether you want to enter the German market or expand investment opportunities, our experts will find a solution that is right for you and your business.
Expanding into German markets and uncovering the hidden jewel of SEE businesses are undoubtedly an opportunity savvy investors would utilize.
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