Insights

December 20, 2023
Fixing interest rates on loans
Given the current market situation and the inflation dynamics in the Eurozone, many clients are considering fixing interest rates on their loans. Despite indicating a slowdown, […]
December 13, 2023
New employee benefits: tax-free income from January 1 – all you need to know!
In light of recent amendments to the Income Tax Regulation, published in the Official Gazette in early December, employees across the country can expect positive income […]
December 4, 2023
Economic future through increased non-taxable benefits and dynamic income growth
With the first day of 2024, an extraordinary opportunity unfolds for entrepreneurs to enhance the work atmosphere and foster employee loyalty. The government’s plan to significantly […]
November 27, 2023
Navigating the Crypto Ecosystem
In today’s world of digital currencies, crypto exchanges represent a crucial pillar of the crypto ecosystem. They enable users worldwide to access various cryptocurrencies, allowing them […]
November 22, 2023
Smart Investing: Why and Where to Invest Today?
In a situation where Croatia is increasingly grappling with inflation, traditional savings in banks are losing their appeal. People recognize the need to find alternative ways […]
November 8, 2023
New Incentives for Business Digitalization: €9.95 Million Available
Digitalization is not just a trend but a crucial element for the evolution and success of both individuals and organizations. The modern world increasingly relies on […]
October 31, 2023
Reporting Non-Taxable Income on Payrolls
With changes in legislation came the need for businesses to adapt their operational procedures. One of these changes, which went into effect at the beginning of […]
October 19, 2023
Changes in Tax Withholding
On October 12, 2023, provisions of the Amendments to the Profit Tax Act (Official Gazette 114/23) related to tax withholding came into effect. Here are the […]
October 18, 2023
New Obligations for Platform Operators (DAC7)
Under Council Directive (EU) 2021/514 (DAC7), the Law on Administrative Cooperation in Taxation and the Regulation on the Automatic Exchange of Information in Taxation have been […]
October 16, 2023
Increase in the Income Tax Rate
for Lump Sum Income Earners The recent legislative update, effective from the beginning of October (NN 114/2023), has introduced changes to income tax rates.  These amendments […]
September 15, 2023
New Tax Reform Package
The Government of the Republic of Croatia has submitted the final proposals for amendments and additions to nine laws that are part of the tax reform […]
September 11, 2023
Budget Payments: Public Disclosure
The transparency principle application is just one of the obligations prescribed by the Budget Law. Its application implies systematically publishing credible documents, data, and information.  Article 144, […]
September 6, 2023
We are Hiring: Audit Intern (m/f)
Our story began 30 years ago, and our goal is to provide concrete and objective comprehensive services in accounting, tax consulting, payroll calculation, and auditing. The […]
September 4, 2023
We are Hiring: Audit Assistant (m/f)
Our story began 30 years ago, and our goal is to provide concrete and objective comprehensive services in accounting, tax consulting, payroll calculation, and auditing. The […]
September 4, 2023
We are Hiring: Auditor (m/f)
Our story began 30 years ago, and our goal is to provide concrete and objective comprehensive services in accounting, tax consulting, payroll calculation, and auditing. The […]
August 25, 2023
Awards and Incentives for Pupils on Internships
In the dynamic landscape of vocational education, ensuring that pupils receive valuable practical experience has become a focal point. Through carefully designed regulations and guidelines, educators […]
August 25, 2023
Understanding Sick Leave Compensation: Guidelines and Regulations
Sick leave plays a vital role in employment, ensuring that individuals receive support during temporary work incapacity due to medical reasons or other circumstances specified by […]
August 18, 2023
Foreign Per Diems – Your Comprehensive Guide
When you embark on business trips abroad, it’s crucial to understand the intricacies of calculating per diems. This blog aims to demystify the most common questions […]
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 […]
August 9, 2023
Promoting Employee Health: The Importance of Assessing Work Capacity
In today’s modern world, businesses operate round-the-clock, requiring employees to work various shifts, including night shifts. While this allows for continuous operations, it also brings potential […]
August 9, 2023
The Impact of Night Work on Employees’ Health and Employer Obligations
In today’s fast-paced world, numerous industries and services require workers to be available 24/7, leading to many professionals engaging in night shifts. While night work is […]
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 […]
July 24, 2023
Dealing with Sick Leave During Your Annual Vacation
Have you ever experienced your long-awaited annual vacation being cut short due to sickness? It’s frustrating and leaves us wondering what happens to unused vacation days. […]
July 24, 2023
Streamlining Financial Reporting for Micro and Small Entrepreneurs
As a micro or small business owner, you understand the importance of maintaining accurate financial records. Part of this process involves preparing notes to accompany your […]
July 12, 2023
The New Trade Act
The new Trade Act came into effect on July 1, 2023.  The Trade Act regulates the conditions for conducting trade activities, working hours in the trade sector, measures […]
July 7, 2023
We are Hiring: Payroll Specialist (m/f)
Our story began 30 years ago, and our goal is to provide concrete and objective comprehensive services in accounting, tax consulting, payroll calculation, and auditing. The […]
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 […]
February 16, 2023
Instructions for board members and executive directors on mandatory insurance
Board members and executive directors must obtain insurance if not covered by compulsory insurance on any other basis. Regulated insured status refers to a natural person […]
February 10, 2023
The Employee’s Notice Period
The new Labour Law entered into force on January 1, 2023, and regulates labour relations in the Republic of Croatia, unless otherwise determined by another law […]
February 2, 2023
List Of Non-Working Days, Holidays And Fund Hours In 2023
The monthly fund of working hours means the monthly hours sum, which the employer calculates the wage. Most often, it is the days’ sum in a […]
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 20, 2023
Income and expenses reporting from the exchange of services with foreign countries
Eurozone joining brought changes in the financial, administrative and legal business framework. The subject of today’s article is the change related to the reporting income and […]
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 12, 2023
Minimum directors’ wage increase in 2023
From January 1, 2023, the minimum director wage, i.e. an employed board member, has changed according to the provisions of the Contributions Law. For full-time work, […]
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 […]
January 7, 2023
Share capital conversion
From the day of the euro’s introduction as the official currency in the Republic of Croatia, i.e. from January 1, 2023, trading companies are obliged to […]
January 5, 2023
Review of the Amendments of the Labour Act
The beginning of 2023 brought the expected changes related to the Labour Act. Namely, the mentioned Act brings numerous changes to a modern legal framework that […]
January 2, 2023
EURO: The principle of legal instruments continuity
In 2023, the euro became the official currency of the Republic of Croatia. Mentioned made the new currency the official monetary unit and legal tender in […]