The Decision on the publication of the interest rate on loans between related parties, which determines the amount of the interest rate on loans between related companies referred to in Article 14 of the Income Tax Act for 2022 was…
In Croatia, during the holiday season, employees and their children are likely to be given occasional or special rewards as a non-taxable bonus by their employers. Such measure is, of course, optional to the employers, however, it consists of a nice gesture towards the employees during the most wonderful time of the year. Occasional rewards for holidays are excluded from the HRK 5.000,00 non-taxable…
Development of science and technology, general availability of fast mobile internet, cloud software, availability of electronic services via computer or mobile phone, the general trend of digitalization of business documentation such as e-invoices and other documents are all parts of…
Audit of financial statements of Croatian companies is regulated by The Accounting Law and The Audit Law. The obligors are determined by Accounting Law while the conditions and regulations of the audit process are determined by Audit Law. In case…
Due to the difficulty of performing some activities, the Croatian Chamber of Economy made the decision to exempt some companies from paying membership fees in the past few months. With the latest decision the Chamber abolished the exemption, so companies…
Like most countries, the Republic of Croatia has introduced special conditions under which tourists and travelers can enter and stay on its territory as one of the measures to prevent COVID-19 pandemic. As of July 1st the official COVID-19 digital…
The arrival of spring marks the most wonderful and challenging time for all accountants – a time to prepare financial statements and reports for the authorities. This year, same as the previous one, the authorities have decided to postpone the…
A digital nomad is a third-country citizen who is employed or performs work remotely through communication technology for a personally owned or another business entity that is not registered in Croatia and does not provide goods or services in Croatia….
Since the beginning of 2021, it has been questionable whether grants received to mitigate the negative consequences of COVID-19, should be included in the basis for calculating the tourist and forest contribution fees given that there was no legal basis…
In 2021 set of Croatian tax reforms the one in regards to Value added tax stands out as the current HRK 7.5 million threshold of the taxation procedure according to the collected fees has been increased to HRK 15 million….