Published: 04 Nov 2008 04:00:47 PST
Croatia
Operating a business
Setting up a company
Legal business entities
| Different types of companies | Number of partners/shareholders | Maximum and/or minimum capital | Liabilities | Registration fees |
| Private Limited company | No minimum. Maximum 50 partners |
Minimum HRK 20,000, totally released | Liability is limited to the amount contributed | Minimum HRK 20,000 |
| Public limited Company | No minimum | Minimum HRK 120,000 | Liability is limited to the amount contributed | Minimum HRK 20,000 |
| General partnership | No minimum | No minimum capital | Liability is limited to the amount contributed | Lower expenses as compared to a private limited company or public limited company |
| Partnership limited by shares | Two types of partners: active partners and sleeping partners | No minimum capital | Liability of active partners is unlimited. Liability of sleeping partners is limited to the amount contributed, when they do not take part in the company management | Lower expenses as compared to a private limited company or public limited company |
- Business setup procedures
- It is possible to make the entire registration and licensing procedure for a public limited company on the HITRO website. Consult the web page http://www.hitro.hr/eng/establishing-company/kako_e.htm for more information concerning the registration procedure. Consult the web page http://www.fina.hr/Default.aspx for information concerning the Croatian Financial Agency who has developed this on-line service.
Working conditions
- Legal weekly duration
- 40 hours
- Retirement age
- 65
- Working contracts
- Legal clauses regulate employment contracts and to a lesser degree collective agreements and individual negotiations. The terms of employment contracts and the limits for dismissal are very rigid while the conditions for hiring are flexible
Cost of labor
- Minimum wage
- 2,100 kunas (USD368)
- Social contributions
-
Social security contributions paid by employers: 19,75%
Social security contributions paid by employees: 19,75%
Social partners
- Bargaining power
- The most important trade union is the Autonomous Trade Union (UATUC)
- Unionization rate
- 65%
- Labor regulation bodies
-
Labor and Labor Market Directorate at the Ministry of Economy, Labour and Entrepreneurship
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