Business in Croatia
Croatia is a small country in the north of the Balkan Peninsula, located in one of the most ecologically clean places in the world. Croatia is located on the northeastern coast of the Adriatic Sea and borders Hungary, Slovenia in the north, Bosnia and Herzegovina in the east, and Italy by sea. The total area of Croatia is 56,538 sq. km. The length of the coast, including the islands, is 5,790 km. Croatia has 1,185 islands, of which 66 are inhabited, which is why this country is called the “land of a thousand islands”.
Croatia has been a member of the European Union since 2013, which gives it access to the market of most European countries. Starting a business in Croatia will be extremely beneficial for those who would like to buy real estate or move to live in this country. This is a feature of the legislation of the state, which provides the opportunity to buy housing in Croatia only to residents or non-resident entrepreneurs.
Croatia is an interesting investment market for a number of reasons, including:
- Competitive operating costs in the European market;
- More than 15,000 foreign companies have chosen Croatia to expand their business;
- Attractive tax incentives, double tax treaties with many EU countries and 0% customs duties in the EU;
- Accessibility, namely the strategically advantageous position of the country – Croatia can be seen as an ideal position to enter the main markets of Europe;
- Efficient, innovative, highly skilled and multilingual, goal-oriented workforce;
- 11 free economic zones;
- The possibility of obtaining a Croatian residence permit and further citizenship;
- A business-oriented investment climate aims to stimulate new investment and ensure stability.
Our company offers favorable conditions for opening a company and supporting its activities.
Legal system of Croatia
Croatia has a civil law legal system in which law derives primarily from written laws and judges act only as executors and not creators of law. The development of legislation in Croatia was largely influenced by the legal systems of Germany and Austria. Croatian law is divided into two main parts – private and public law. By the time EU accession negotiations were concluded on 30 June 2010, Croatian law was fully harmonized with Community law. The basic law is the Constitution adopted on December 22, 1990.
The main national courts are the Constitutional Court, which oversees violations of the Constitution, and the Supreme Court, which is the highest court of appeal. In addition, there are also administrative, commercial, district, administrative and municipal courts. Cases falling under the jurisdiction of the court are primarily heard by a single professional judge, with appeals heard in mixed tribunals of professional judges. Justices of the peace are also involved in lawsuits. The Public Prosecutor’s Office is a judicial body composed of prosecutors with the power to prosecute the perpetrators of crimes.