Croatia has a corporate tax rate of 20%. Companies that operate under VAT have to pay tax on purchases at 25%. Certain services, like those related to some of the foodstuffs, water supplies (excluding bottled water), newspapers (other than daily published newspapers with less than 50% advertising content), periodicals (magazines other than science periodicals with less than 50% advertising content), tickets for concerts, hotel accomodation, and others, benefit from a 13% VAT rate.
Top-choice legal structures
According to data from the Croatian Register Of Business Entities, the following business structures (legal entities) are the most frequently registered:
- Public Limited Company
- Private Company Limited By Shares
The company formation procedure
Company formation in Croatia involves a number of stages of varying complexity and therefore requires professional assistance. The Confidus Solutions team will prepare legal documents, assist with registration and finalise the incorporation procedure.
Setting up business
Before your documents can be prepared, you must choose a business type and a name for your company. Confidus Solutions can validate all the relevant information and draft the incorporation documents.
Registering a legal entity
In order to register your company, Confidus Solutions will submit all the prepared documents to the Croatian Register Of Business Entities. This procedure will take approximately two weeks.
Finalisation of company set-up
As Confidus Solutions takes care of all stages of the company registration process, we will assist with finalising the set-up of your company as well. Usually this includes receiving the incorporation documents and any other additional documents that you may require.