TAX ADVANTAGES AND INCENTIVES
- Maximum profit tax in Croatia for all business is 20%
- 10% profit tax for ten years with minimum investment of 300.000 €* and 10 new employees**
- 7% profit tax for ten years with minimum investment of 1.500.000 €* and 30 new employees**
- 3% profit tax for ten years with minimum investment of 4.000.000 €* and 50 new employees**
- 0% profit tax for ten years with minimum investment of 8.000.000 €* and 75 new employees**
* INCLUDING Know-how
** Within 5 years of initial investment
- Investments that are over 15.000.000 € are granted 500.000 € nonrefundable
government incentive
- For each new job created, the investor is granted up to 3.000 €
- The government also reimburses up to 45% of training and employee requalification
costs
ADVANTAGES: WORKFORCE AND
GOVERNMENT AIDED FINANCES
- Labor cost in Croatia is up to 50% cheaper than in Italy, while productivity remains the same
if not better
- For employees living in Josipdol and the surrounding area, there are several incentives and
there are virtually no taxes on their income. This can bring tax costs down 18% in relation
to Zagreb
- Qualified and educated workforce is available
- Several incentives for job creation and education and training of employees available
- Government Aided Loans by HBOR (Croatian Bank for Renewal and Development)
- up to 2% yearly interest rate
- 2 years of grace period
- 8 years duration
- Financing up to 75% of total investment (including building, plant, equipment, patents
and know-how)