Tax & VAT

August 18, 2023

Streamlined Accounting Law Amendments for Micro and Small Enterprises

In the ever-evolving landscape of financial regulations, the recent amendments to Croatia’s Accounting Act (i.e. ZOR) mark a significant stride towards harmonizing the nation’s legal framework […]
July 31, 2023

The Amendments to the Accounting Act

The Official Gazette No. 82 published the Law on Amendments to the Accounting Act on July 20, 2023. On July 28, 2023, some provisions of this […]
February 26, 2023

The Croatian Parliament has extended the lower VAT rate of 5% on energy products until March 31, 2024.

In the Amendments to the Value Added Tax Act (Nar. Nov., No. 33/23.), the extension of the application of the reduced VAT rate of 5% to […]
January 27, 2023

Overview of the Changes Brought By The Euro Introduction: Financial And Tax Reporting

The beginning of 2023 marked Croatia’s entry into the eurozone, and the official currency is the euro. There are numerous changes in the economy, finance and […]
January 24, 2023

New Order On Extra Profit Tax

On February 14, 2023, the Finance Ministry published the Order on extra profit tax in the Official Gazette no. 17/23, which entered into force on February […]
January 15, 2023

The deadline for annual financial statements submitting by non-profit organizations

The deadline for the annual financial statement submission of non-profit organizations is approaching. The obligation to prepare financial statements prescribes Article 28 of the Act on […]
January 9, 2023

Rules for the annual income tax calculation

At the beginning of 2023, the Croatian Tax Administration started receiving applications for forms for the annual income tax calculation for 2022. Taxpayers who must submit […]
January 8, 2023

New standard IFRS 17: Insurance contracts

From January 1, 2023, the application of the new standard IFRS 17 Insurance Contracts began. The mentioned standard replaces the previous IFRS 4, which presents a […]
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