Dunea brosura 2015

DOING BUSINESS
CONSIDERATIONS
Possible considerations and steps
As in all countries in the world, Croatia has its specific
regulations that international investors need to consider while
doing business in the country. These issues include the
regulation of work permits, taxation, building permits, and
various investment incentives.
Regulations for new foreign investors
Foreign investors have the same rights, obligations and legal
status as domestic investors. However, Croatian law
distinguishes between the rights of residents and nonresidents.
Foreign investments are regulated by the Companies Act,
Foreign Exchange Act, Investment Promotion Act and other
laws. For detailed information please visit the Croatian
Chamber of Economy (www.hgk.hr).
The law on the employment of foreign
Nationals regulates the employment of
Foreigners in croatia
EU nationals do not need a visa or a work permit to stay and
work in Croatia, with the exceptions of the citizens of Austria,
Belgium, Cyprus, France, Greece, Germany, Italy,
Luxembourg, Malta, the Netherlands, Slovenia, Spain and the
UK; these countries have chosen to limit Croatian citizens’
employment in their countries for the next couple of years
and through the principle of reciprocity the same limitations
exist for their citizens in Croatia.
If you are from one of these countries you will need a work
registration certificate to work for up to 90 days a year. If
you want to work more you will have to obtain a work permit.
Non-EU nationals need a work and a residence permit. They
may be employed in Croatia only if they hold either a
business visa or an employment visa, and a work permit.
w w w . a i k - i n v e s t . h r /e n / i n v e s t m e n t - g u i d e
/stay-and-work-permits-and-visas/
Investment incentives
When investing in Croatia, there are two possible levels of
investment incentive – National and Local.
Incentives provided by the authorities of municipalities or
cities where the investment is located include: reduction in
communal tax, reduction in utility infrastructure installation
costs, etc. National level incentives are defined by the
Investment Promotion and Development of Investment
Climate Act
(www.minpo.hr/UserDocsImages/Investment%20Promotion
%20and%20Development%20of%20Investment%20Climate
%20 Act.pdf).
The incentive measures in the new Act are aimed at
strengthening production activities and the use of new
technologies, supporting development research activities
and stimulating
employment.
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An application to acquire the status of a recipient of
incentive measures must be submitted to the Ministry of
Economy for approval before the beginning of the
investment. The investmentvalue and employment
thresholds to qualify are:
€ 50,000 and 3 new jobs created for micro enterprises
€ 150,000 and 5 new jobs created for small, medium and
large enterprises