If you want to start a company and need accounting services in Croatia, we recommend that you use the services provided by our local specialists. We present to you some of our main accounting services that you can access once you get in touch with our experts in Croatia.
| Quick Facts | |
|---|---|
| Who requires accounting services in Croatia | Local and foreign business owners with commercial activities |
Applicable accounting legislation in Croatia | – European IAS (International Accounting Standards), – IFRS (International Financial Reporting Standards) |
Types of accounting services we offer | – maintaining company accounts, – bookkeeping, – payroll, – annual financial statements, – tax minimization methods, – tax registration |
| Tax advice and compliance | – regular oversee of tax legislation, – business guidance in matters of taxation, – tax-saving strategies |
| We offer support for tax registration | Companies must be registered for the payment of VAT, corporate tax, and other related obligations. |
| Financial planning for company owners in Croatia | For clients who want to make smart and risk-free investments in Croatia |
| Risk assessment and evaluation | Our accountants in Croatia can detect possible business risks and provide specific measures. |
| Types of audit services | – internal control system audits, – external and financial audits, – regulatory audits, – special purpose audits |
| Tax minimization methods available | – strategic tax management imply advance payment of credits, – registration of charities, – retirement accounts, – travel deductions |
| Personalized financial consultancy services | – new business approach, – integration of new technologies, – support for investments with high returns |
| Investment consultancy for high-net-worth individuals | Dedicated services for better management of assets |
| Financial and analysis reports for companies | Such reports can reveal the financial direction of the business and can be used to attract investors. |
| Human resources services available | – recruiting, – drafting employment contracts, – employee administration-related issues |
| Expertise provided by certified accountants (YES/NO) | Yes |
| Fiscal year in Croatia | It starts on January the 1st and ends on 31st of December. |
Table of Contents
Is accounting mandatory for any company registered in Croatia?
Yes.
What types of accounting services do you offer in Croatia?
- Bookkeeping,
- Payroll,
- Audits,
- VAT registration & reporting,
- Tax registration 7 advice,
- Support in preparing the annual financial statements, etc.
NOTE: Our accountants in Croatia can also handle management invoices and provide personalized financial consultations.
What types of companies require accounting in Croatia?
Small, medium, and large companies with establishments and operations in Croatia.
You can also find the following infographic about accounting in Croatia:
What accounting law applies in Croatia?
- Croatian Financial Reporting Standards (CFRS),
- International Financial Reporting Standards (IFRS).
Who regulates/oversees accounting in Croatia?
The Ministry of Finance in Croatia.
What does bookkeeping involve for a company in Croatia?
- registering all financial daily operations of a company in Croatia,
- maintaining the general ledger and all financial data entry,
- tracking all payments to suppliers,
- managing company invoices,
- registering all company operational costs and related expenses.
What does payroll entail, and why is it useful for a company in Croatia?
- data gathering of company employees (working hours, holiday leave, sick leave, bonuses, etc.),
- calculation of salary taxes,
- distribution of net salary to company employees,
- payslip generation, etc.
What are the payroll taxes in Croatia?
- 20% for social security paid by the employee,
- 20% as income tax imposed on annual revenue of up to EUR 50,400,
- 16.5% as health insurance contribution paid by the employer.
NOTE:Employers in Croatia pay a specific fee ranging from EUR 5 to EUR 527/month as the Chamber of Commerce Contribution (Članarina HGK).
What types of audits are imposed in Croatia?
- Statutory financial audits,
- Tax audits,
- Labor audits,
- Sustainability audits and many more.
NOTE: There is also a digital fiscalization audit that is mandatory in Croatia. This type of audit eliminates post-transaction bookkeeping through digital monitoring.
Below is a video presentation about the accounting services we offer in Croatia:
What types of documents are used for preparing the annual financial statements (GFI-POD) in Croatia?
- Bookkeeping documents,
- Balance sheet,
- Cash inflows & outflows,
- Various reports and notes.
Do your accountants offer financial advice/support in Croatia?
Yes, personalized financial advice is provided based on the business you own.
Can your Croatian accountants make company payments?
Of course!
What is the financial year in Croatia?
From January 1 to December 31.
Are accounting services in Croatia expensive?
No. We will solicit information about the company’s size, activities, and number of employees to inform you of the prices.
We can also help you if you need accounting services in Romania, through our local partners.
Clients interested in incorporation services in other countries, for example, in company formation services in Singapore, can rely on our partners – OpenCompanySingapore.com.
Ready to explore more about how to open a company in Croatia? Do you need accounting services? We offer full packages for entrepreneurs in Croatia as soon as we get in touch.