If you want to open an SPV (Special Purpose Vehicle) in Croatia, you can opt for the services offered by our local agents. This structure has special characteristics and well-defined goals. But for more information about company formation in Croatiaand especially the formalities for opening an SPV in Croatia, you can read the following lines and talk to our specialists.
| Quick Facts | |
|---|---|
| SPV stands for | Special purpose vehicle |
Registration is done with | Commercial Court Register |
Recommended business structure | D.o.o. (društvo s ograničenom odgovornošću) – limited liability company |
| Best use for SPVs in Croatia | Opening an SPV in Croatia is ideal for risk isolation from a parent company, project finance, and holding assets |
| License | No, an SPV does not have a special legal classification that requires a unique license. |
| Established for tax benefits? | Yes, through investment incentives, which grants a reduced corporate tax for up to 10 years based on investment/ jobs created. |
| Bank account required (YES/NO) | YES |
| Administrator for an SPV (YES/NO) | Yes, our agents can provide complete services when opening an SPV in Croatia. |
| Is a financial advisor required? | It is highly recommended. |
| Allowed to hold assets (YES/NO) | Yes, holding assets like real estate, financial instruments, and IP is one of the primary uses of a Croatian SPV. |
| Participation in startups | Available option through SPVs |
| Annual management report | Yes, as a registered legal entity (d.o.o.), an SPV must prepare an annual management report. |
| Incorporation time frame when opening an SPV in Croatia | A few weeks |
| Taxation of SPVs | Subject to corporate income tax of 10% (for annual revenue up to €1 million) or 18% (for revenue over €1 million) |
| Working with our agents in Croatia | Complete assistance is offered to local and foreign investors interested in doing business in Croatia through SPVs. |
Table of Contents
What is an SPV in Croatia?
SPV in Croatia is often the right business structure chosen by a foreign or local company in order to establish a project or short-term goal, with minimal financial risks. Here is other information about how to open an SPV company in Croatia:
- it can have its own balance sheet, assets, equity, and liabilities;
- with the help of an SPV in Croatia, assets can be securitized and kept off the balance sheet of a company. It can be said that the respective company has protected assets with the help of an SPV in Croatia;
- the best business structure for an SPV in Croatia is a limited liability company.
If company incorporation in Croatia involves establishing an SPV company in Croatia, we recommend you contact our specialists. We can also help you establish a company in Macedonia through our local affiliates.
How to register an SPV in Croatia
A Special Purpose Vehicle in Croatia can be incorporated by both local and foreign entrepreneurs. In most cases, the limited liability company is the business structure of choice due to its flexibility and many advantages. Here are some important steps in SPV registration in Croatia:
- the trade name is verified and reserved with the Croatian Trade Register;
- next comes the preparation of documents once the name is reserved and can be used. The Articles of Association form the basis for SPV incorporation in Croatia;
- the Commercial Court issues the Tax Identification Number or TIN;
- the next step involves registration with the Croatian Chamber of Commerce and the Croatian Social Security Agency so that the company can operate properly.
Best use for SPV company in Croatia
Taking into account the above aspects, if you want to open anSPV in Croatia, you should know that this is the optimal structure for the asset protection of a company. In terms of best use, an SPV is the right choice for securing receivables and/or loans. In certain cases, multiple permits and/or licenses are non-transferable, but with an SPV in Croatia, you can consolidate assets and sell them as a self-controlled package.
On the other hand, an SPV in Croatia can be created to finance a project without affecting the parent company in terms of debt weight. Such a structure can be used in the case of infrastructure projects, for example, which, from a financial point of view, may present certain risks. There are also cases where the SPV in Croatia is established to get rid of stamp duty because the owned properties are only subject tocapital gains tax. Now that you know the best use of an SPV in Croatia, you can call on the services of our specialists for more information about the procedures. We can help you open an SPV in Croatia in a fast manner.
What does tax and accounting for SPV in Croatia entail?
Our accountants in Croatia can explain the procedures involved for an SPV in Croatia. For example, there is the obligation to make annual tax filings and returns. In certain cases, a statutory audit can also be requested. As for taxes, if you want to open an SPV in Croatia, you should pay attention to thecorporate tax, but you can opt for low-tax jurisdictions. You can learn more about accounting in Croatia for SPVs from our specialists. They can also tell you more about payroll in Croatia.
Investment guideline for Croatia
Croatia is open to all types of foreign investors and offers the same business conditions as Croatian citizens. According to the Companies Act, foreign entrepreneurs can opt for investments on their own, but they can also participate in existing companies. The same entrepreneurs may gain rights and/or obligations under the same business conditions as any domestic investor in Croatia. In addition, the general provisions of the Companies Act also apply to the SPV company, which is a great advantage for international investors. Also, everything regarding foreign investments, in addition to the Companies Act and the Constitution of Croatia, comes with specifications about how business is conducted:
- foreign investors enjoy several guarantees in the business climate. All rights obtained by investing capital are not limited by the law;
- international investors with companies in Croatia are entitled to secure free transfer and repatriation of profits;
- the same constitution mentions that foreign citizens can acquire real estate ownership in Croatia if there is a mutual possibility for Croatians to do the same in the foreign person’s country.
Are you planning to open an SVP in Croatia? Our specialists can guide and represent you at the Croatian Trade Register, so opt for our services from the very beginning.
Croatia’s economy in a few lines
If you want to set up a company in Croatia and, more precisely, a special purpose vehicle, it is good to know some details about the country’s economy and business climate. The following data may be of use to you:
- An economic growth of almost 3.2% is expected in 2025 in Croatia, representing around USD 98.95 billion.
- An inflation rate of almost 3.4% is estimated for 2025.
- For 2026, GDP growth of almost 2.9% is expected in Croatia.
Therefore, if you want to open an SPV in Croatia, we invite you to contact our specialists. You can contact us online or by phone for complete information.