Company set up Croatia

Company Set Up Croatia – guide

Company set up Croatia

Company set up Croatia

By law, foreign investors can acquire shares and ownership of joint stock companies in Croatia with the minimum capital to start the company standing at HRK 200,000. The nominal value per share needs to be not less than HRK 10.

Incentives for company set up Croatia
Back in 2012, the Croatian government offered incentives to encourage foreign investments. One of the most lucrative deals is the waiver of taxes for all investments in upwards of EUR 3million. With over 60 HITRO.HR across the country, the process of setting up a company in Croatia is now easier and faster.
Here are the steps to undertake during the setting up process.

Company Name
The company name is the identity that the enterprise wishes to operate under in the course of doing business. This is the first step of the company set up in Croatia and the HITRO.HR offices can help an entrepreneur check if another company of a similar name exists. The agencies will also help to preserve the desired name.

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Notarization of Documents
The application to the court registry as well as particular documents including the Form Po, have to undergo notarization by the public notary. For this process, all the founders or people who have their signatures in the documents must be present for verification. The notary presents the company documents to the HITRO.HR digitally.

FINA
While applying for registration in the court register, submission of notarized documents and other necessary documents is at the HITRO.HR offices. Then, payment of the applicable court fees and the making of the initial deposit at the FINA branches follow next. HITRO.HR then finalizes the application then forwards it to the Commercial Court.
If the documentation is correct, the Commercial court issues an OIB within 24 hours to the HITRO.HR office where the persons forming the company will have to fill an RSP Form to get a Notification of Classification.

Accounts Opening for Company Set up Croatia
The directors of the company can correct the Notification of the Classification that has the business identification number. Making of an official stamp of the company follows next then opening a business account, to allow for crediting of the initial capital.

The registrations required include owners and employees of the company need to register with the Croatian Pension Insurance Institute as well as the Croatian Health Insurance Institute. The jurisdiction of the company is as par the company’s address where it should also register with the relevant tax authority.

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