10 reasons why to open a company in Croatia

Why open a company in Croatia?

The company LTD (limited liability company) can be made up of a single shareholder or more partners, they can be individuals or legal entity (other companies). The company LTD/D.o.o. with respect to the law it is a capital company registered by a Notary and in the Chamber of Commerce. As in other jurisdictions, it responds with its own assets and capital, the required capital is 20,000 kunas approximately 2,700 euros which is fully paid up and remains available to the company for its use. The shareholders are not liable for its obligations.

Find out just some of the reasons why open a d.o.o. in Croatia:

1. LTD./d.o.o. are taxed with 12% up to EUR 400.000 in turnover. Once the limit is exceeded, the tax rate increase to 18%.
2. VAT is applied above 40k euros (300k kuna approximately) of the previous year’s turnover.
3. Agreements on dividends or special adjustments: agreement against double taxation signed between Croatia and Italy or other EU and non-EU countries.
4. There are customs and tax incentives for micro-entrepreneurs.
5. Operates in the VIES system: VAT exemption in intra-community relations.
6. The costs of living, labour, rent and energy are lower.
7. Important airport and portal areas with many international import/export agreements concluded.
8. Tax system of favourable depreciation.
9. Free zones exemption of duties and advantages.
10. Languages ​​spoken Croatian, Italian, and English.

If you want to open a d.o.o./S.r.l. write to us at info@taxofia.com.