One of the main measures of the bill is to increase the VAT registration threshold from EUR 40,000 to EUR 50,000.
The bill also proposes measures under the EU small business scheme for cross-border supplies. A taxable person established in another EU Member State may be exempt from VAT registration in Croatia if its annual turnover in Croatia does not exceed EUR 50,000 and its annual turnover in the EU does not exceed EUR 100,000.
Measures are also proposed that will enable small businesses established in Croatia to apply for an exemption in other EU Member States if their annual turnover in the EU does not exceed EUR 100,000.
If approved, the bill will enter into force on 1 January 2025. Comments can be submitted until 24 October 2024.