CROATIA COMPANY FORMATION

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Croatia company formation – one the world’s most competitive economies.
POPULAR COMPANY TIPE:

Private Limited Liability Company (D.O.O. – Drustvo s Ogranicenom Odgovornoscu)

Time of Croatia company formation takes 2 weeks.
Personal presence is required.

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CROATIA LOCAL TIME

Country: Republic Croatia
Capital: Zagreb
Continent: Crossroads of Central and Southeast Europe, on the Adriatic Sea
Language: Croatian
Currency: Croatian kuna
Time Zones: GMT +1
Dial Code: +385
Abbreviations: HR

Croatia company registration

Tax Rates in Croatia

Corporation Tax in Croatia: GmbH pays corporate profits tax of 18% on all income

Income Tax in Croatia: Income tax ranges between 0% – 24% – 36%.

VAT Tax in Croatia: (called PDV in Croatia) is charged at 25%

Croatian Citizenship by Investment

Article 12 A foreign citizen whose admission to Croatian citizenship would be of interest for the Republic of Croatia, can acquire Croatian citizenship by naturalisation.

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Croatia – Licensing Requirements for Professional Services

Professional service providers such as lawyers, architects, or physicians are required to have a license from a Croatian institution responsible for their field of activity.

Croatia Company Formation. Croatia Limited Liability Company

For free consultations on company formation in Croatia ask our BRIS Group team

Benefits

Benefits for company in Croatia

  • Croatia is a member of United Nations, Organization for Security and Cooperation and the Council of Europe
  • The currency is stable
  • The industrial production is continuously growing
  • Foreign investments are constantly encouraged to strengthen trade and business relations
  • About 50% of population speak English
  • Modern distribution channels
  • Equal rights for domestic and foreign private and legal entities
  • Guaranteed free transfer of capital and free profit repatriation to investors
  • Good transport links
  • Highest Internet penetration in southeast Europe
  • Well educated workforce
  • Stable economy with a stable currency

Croatia Types of Companies

Types of Companies in Croatia

  • A private limited liability company (D.O.O. – Drustvo s Ogranicenom Odgovornoscu)
  • A public limited liability company (A.D.)
  • A Croatian general partnership
  • A limited partnership
  • Foreign Branch and Subsidiary

Registration Requirements

Croatia Company Formation Registration Requirements
Share Capital:

20.000 Kuna (approx. 2700 EUR)
Classes of Share Available for Gibraltar company formation: Typically Ordinary Registered Shares of par value
Minimum paid up share capital: 20.000 Kuna
Bearer Shares: Not allowed
Registered Office Required: Yes required to be maintained in Croatia
Registered agent: Not required
Shareholders: Minimum number is one
Directors: Minimum number is one. Can be any nationality and need not be resident in Croatia.
Company Seal: No
Your Company language: Croatian/English
Name of your Company must be ended: Limited, Ltd
Documents required for Croatia company formation: A certified and apostilled copy of your passport or ID and proof of your residential address dated less than 3 months.

Procedure

Croatia Company Formations procedure:

  • Checking the court registry for a company name
  • Drafting all necessary documents for establishing a Ltd company with a minimum share capital of 20.000,00 Kuna and 1 shareholder
  • Representing company in front of the public notary, commercial court, and other relevant bodies
  • Registering for a VAT
  • Obtaining a statistical (tax) registration
  • Obtaining a company stamp
  • Helping with opening a bank account with the leading bank situated in Zagreb
  • Finding an accountant (if not already one appointed)

TIMESCALE

  • To open a company, it is approximately 3-4 weeks

Company Documents

What you will receive after company formation is done:

  • Croatia Certificate of Incorporation
  • Memorandum of Association – Anmeldung zur Eintragung
  • Articles of Association – Gesellschaftsvertrag
  • Company Extract – Firmenbuchauszug
  • Company Search Report
  • Company Financial Statements
  • Shareholder resolution on the appointment of the first managing director(s)
  • Specimen signatures
  • Confirmation on payment of the minimum contribution
  • Tax ID has to be obtained at the tax authorities

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List of Countries For Company Registration

This publication is provided for information purposes only. This info should not be treated as a substitute for a tax or legal consultation or legislation. You should not act on the basis of the information contained in this publication without having obtained individual advice from the professional expert.
BRIS GROUP does not assume responsibility for any damage resulting from decisions made by the reader on the basis of this publication.

Our team of consultants are on hand to find out about your specific requirements and take you through the process from start to finish

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What we can do for you in Croatia

  • We do all paperwork on forming the company in Croatia
  • Formation is completely remote
  • Can act as Secretary or Treasury
  • Provide nominee Directors/Shareholders
  • Assist with opening a bank account
  • Registration for Taxes, VAT & EORI
  • Develop a website for your business
  • Create a logo of your brand

How we can assist your Croatian Company further

  • Provide with full company administration services
  • Arrange a mailing address for your business
  • Arrange a virtual office for your company
  • Telephone answering service
  • Book keeping, audit & reporting
  • Preparing and submitting VAT return
  • Dealing with local authority
  • Trademark registration