Beautiful weather, with over 1,000 islands and 6,000 km of coastline along the crystal clear Adriatic Sea make Croatia one of the world’s best holiday destinations. In 2016, the number of global tourists reached 16.6 million. Croatia is committed to investing in tourism: it is expected that €7 billion will be invested in hotel construction and renovation, convention centres, campsites, nautical tourism harbours and theme parks by 2020. Tourism accounts for 12.5% of Croatia’s GDP, which indicates that tourism is one of the most lucrative Croatian industries to invest in.
As English is often the preferred language for global investments, Croatia is worth a second look: 49% of the population speaks English, 34% speaks German and 14% Italian, making its population remarkably multilingual: a key factor for many businesses.
Three significant Pan-European corridors run through Croatia, connecting it to Western and Eastern Europe, and the Mediterranean. Croatia’s geo-strategic location in Central and Southeast Europe, on the border between the east and west, as well as its location on the Adriatic Sea and especially its ports, make it highly appealing to the business market.
Croatia is proud of its infrastructure. Its highways are modern and effective, its six primary seaports are ready to accept and send off global cargo shipments. Additionally, its nine international airports connect the country to the entire world.
Businesses can import and export goods within the EU without restrictions, opening up the greater part of the European market with little effort.
Unlike in many other countries, foreign investors can hold up to 100% interest in the shares of a Croatian company, with a few exceptions.
A country’s tax structure often factors into a business’s decision to invest there or not. With up to 0% profit tax up to 10 years in designated free trade zones, no customs for all EU member states, double taxation avoidance agreements with 55 countries and cash incentives of up to €9,000 for each new job created, Croatia’s tax incentives are appealing to global businesses.
Competitive operational costs in the European marketplace.
Over 15.000 foreign companies have chosen Croatia.
Attractive tax incentives, double taxation avoidance agreements with numerous countries and 0% customs within the EU.
All of Europe in 3 hours – with its strategic position Croatia is an ideal gateway to major markets.
Efficient, innovative, highly qualified and multilingual workforce committed to achievement.
Pro-business oriented environment encourages new investments and ensures stability.
Professional assistance.
Foreign investors can acquire ownership and shares of joint stock companies. The lowest amount of initial capital for establishing a joint stock company is HRK 20,000 (2,600 EUR).
In order to accelerate and simplify the process of starting a business, the government of the Republic of Croatia has established service www.hitro.hr. HITRO.HR accelerates the procedure, making the state administration more efficient, flexible and transparent, enabling the investor to establish a company within 8 working days.
Only four steps are required to start a business through HITRO.HR. In the process of starting a company, HITRO.HR staff will help you as an intermediary for delivering and collecting documents for company incorporation.
Step 1 - Choose name of the company
Step 2 - Notarization of documents
Step 3 - Submission of the documents and payment
Step 4 - Opening the account / e-Pension / e-Health / registering with the relevant Tax Authority
*For a detailed explanation about how to register your company, please visit
http://www.aik-invest.hr/
State: Unitary parliamentary constitutional republic
Location: Central European and Mediterranean country
Croatia's territory covers 56,594 km2 (21,851 sq. mi)
Population: 4,437,460 inhabitants
Gross Domestic Product (GDP) per capita: $ 25,295
Capital City: Zagreb
Largest Cities: Split, Rijeka, Osijek, Zadar
Religion: Croatia has no official religion
Official language: Croatian
Other languages: English
State Holiday: October 8th, Independence Day
Phone Dial Code: +385
Currency: kuna (HRK)
Time Zone: GMT + 1
Climate: Meditation and Continental
Traffic Connection:
Zagreb-Doha daily direct Qatar Airways flights (two daily), duration of the flight is 5 hours and 20 minutes. Also, there are more indirect flight options with one stop with a combined duration of travel between 8 hours and 9 hours.
Doha-Zagreb daily direct Qatar Airways flights (two daily), duration of the flight is 5 hours and 55 minutes. Also, there are more indirect flight options with one stop with a combined duration of travel between 9 hours and 15 minutes and 12 hours and 15 minutes.
