Entries by SAPIENTIA Nova d.o.o.

Non-taxable receipts will increase up to HRK 7,500

At the Government session, Minister of finance Zdravko Marić presented tax changes for 2019. From December 1st 2018, according to a new provision, the non-taxable part for Christmas, recourse and other bonuses and compensations will be increased from HRK 2,500 to HRK 7,500. More than four fifths of employees in Croatia are receiving net salary >>>

Amendments to Tax Laws – What to expect?!

Draft bill of amendments concerning Value Added Tax Act, Income Tax Act, Act on Contributions and Real Estate Transfer Act was presented on September 20th 2018 during a Government session.   Value Added Tax Act (VAT) Amendments to the VAT Act foresee expanding the application of a lower 13% VAT rate as of 2019 on >>>

One click to open a company?

The project entitled “Establishing the basis for a modern business startup system in Croatia”, conducted by the World Bank and the Ministry of Economy, Entrepreneurship and Crafts, with the support of EC and a number of Croatian institutions conducting processes for starting a business and registering companies, represents an important reform in the meaning of >>>

Report “Doing Business in the European Union”

Doing Business in the European Union 2018: Croatia, Czech Republic, Portugal and Slovakia The report entitled “Doing Business in the European Union” published by the European Commission and the World Bank compares the legal regulation of domestic  companies in 25 cities in Croatia, the Czech Republic, Portugal and Slovakia with 186 other economies. These four >>>

ESIF Growth and Expansion Loans

„ESIF Growth and Expansion Loans“ is a financial instrument funded by European Structural and Investment Funds (ESIF) and business banks, at 50:50 percent, and from which new long-term investments of small and medium-sized enterprises are funded. Investment loans at low interest rates and without regular fees that are charged on the occasion of loan approval >>>

New minimum wage for 2018

For the year 2018 a new minimum gross wage will apply. The Government of the Republic of Croatia has determined the minimum wage for the period from 1 January to 31 December 2018 in the gross amount of HRK 3,439.80 and it refers to full-time working time. The new minimum wage will be calculated for >>>

PERSONNEL INCOME TAX APPLICATION

Citizens are considered natural persons who may be taxpayers of: Income Tax from employment based on wage and retirement (workers and retirees), both at home and abroad Income tax on other incomes (authors, artists, students, members of the Supervisory Board or Board of Directors, and merchant travelers including agents, acquirers, interpreters, translators, travel agents, consultants, >>>