Key commercial and taxation factors that are relevant on setting up a business in Croatia

Prepared by iAudit d.o.o.

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Overview

Business environment in Croatia is very favourable for investors. Excellent geographical location enables access to the market of 650 million people and labour force in Croatian is effective, motivated and innovative which is recognized by many foreign companies already operating in Croatia.

The country’s population of roughly 4.2 million is largely homogenous in ethnicity, language and religion; but in the summer months its numbers are doubled by tourists from throughout Europe and the world, making it a cosmopolitan market for products and services. Its ports and transportation infrastructure make Croatia a natural trade gateway into southeast Europe, but its largest trading partners are Italy, Germany, Slovenia and Austria.

This document describes some of the key commercial and taxation factors that are relevant on setting up a business in Croatia. The document includes information on:

  • Background
  • Choice of Legal Form
  • Audit Requirements
  • Taxation
  • Allowances
  • Employment
  • Withholding Taxes

Country Breakdown

4.171

Million

Population

kn

Croatian Kuna

Currency

$ 50.43

Billion

GDP

56,594

km2