FEATURES OF COMPANY REGISTRATION IN CROATIA
The registration and subsequent commercial operations of enterprises in Croatia are governed by the Companies Law. Another legislative aspect, crucial for foreign investors, is the Law for Foreigners, enacted in 2012. It outlines the working conditions for non-resident businessmen in the country (excluding EU citizens).
Under its provisions, foreigners are restricted from operating as private entrepreneurs or establishing partnerships. Moreover, the minimum capital requirement for establishing a joint-stock limited liability company is higher for them, set at 13,500 euros instead of 2,660 euros. Additionally, a company with 100% foreign capital and a non-Croatian or EU resident director must employ a minimum of three Croatian citizens. If there are two such directors, the requirement increases to ten local employees.
The process of registering a company in Croatia is not overly complex. Initially, you must prepare and translate a standard set of documents into Croatian, including the personal information of the founders, details regarding the authorised capital, and the memorandum of association. All documents must be notarised by a Croatian notary. Furthermore, to establish a business, you will need a local legal address and a Croatian bank account. Following registration, the company is listed in the register of the Chamber of Commerce of the jurisdiction and then must be authorised by the tax administration.
The highly skilled professionals at COREDO can assist you in navigating Croatian legislation swiftly and efficiently, facilitating the registration of your company in this jurisdiction without unnecessary complications.
