Types of companies available for registration in Croatia:
Limited liability company (D.O.O. – Društvo s ograničenom odgovornošću)
This is a legal entity created for small and medium-sized businesses, the founder can be at least one shareholder. As a general rule, the liability of the participants in such a legal entity is limited to the amount of the contributed share. The constituent documents of the company are the memorandum of association (if there are more than two founders) or the application for registration (if there is only one founder), and they must contain the following information:
- details of representatives, name of the company, address of the registered office of the company;
- detailed information about the proposed activities of the company in Croatia;
- data on the authorized capital or the amount of the minimum authorized capital;
- information on the amount of contribution to the founding capital of the company of each of its participants;
- information regarding the rights and obligations of the participants and the procedures to be followed in the liquidation or transformation of the company.
Public Limited Company (DD – Dioničko društvo)
A legal entity established in Croatia by at least one shareholder, and with an authorized capital of at least 200,000.00 kunas (about 27,000.00 Euros) divided into shares (worth at least 10 kunas), and created to run a large business. As in a limited liability company, the liability of the company’s shareholders is limited to the amount of their contribution to the company’s authorized capital. The management of this type of company is carried out by the board of directors (with at least one director), the supervisory board (whose composition cannot be less than 3 people) and the general meeting of shareholders. It is the meeting of shareholders that plays a significant role associated with the appointment of other bodies, the adoption of significant decisions, the increase and decrease in the authorized capital of the company. The basis of the activities of a public limited company is the memorandum of association, which contains all the basic internal rules of the company.
General partnership (JTD – Javno trgovačko društvo)
A legal entity created by at least two persons who are responsible for all their assets in relation to the obligations of the company in the event of liquidation or bankruptcy of the company, including in terms of paying taxes by the company. The creation of this type of company does not require the contribution of authorized capital.
Limited partnership (KD – Komanditno društvo)
A limited partnership is a form of establishing a business in Croatia by two or more persons of different business status. Such a company has at least one general partner who is fully responsible to the company for all its assets and one partner whose obligations to the company are limited by the amount of contribution to the authorized capital. The general partner is obliged to represent the company before other persons. As in the case of a general partnership, payment of the authorized capital at the stage of company registration is not mandatory. The name of a limited partnership, as a general rule, consists of the names of partners, to which the letter combination KD is added.
It is possible to open a company for doing business in cryptocurrencies (Udruga za Kriptovalute) as well as register a company in one of the 11 free zones in Croatia (Slobodna Zona LLC).
