The excellent infrastructure, the stable economy and the great geographic location in Europe with exits to the Adriatic Sea make Croatia
a preferred business destination for numerous foreign investors from around the world. The good news is that the legislation on foreign investments is permissive and lets any entrepreneur easily establish their operations in most of the sectors. If you are interested in opening an investment fund in Croatia
, we kindly invite you to talk to our team of company formation agents in Croatia
and ask for support, information and assistance.
What is the legislation controlling the investment funds in Croatia?
The Alternative Investment Funds Act
and the Act on Open-Ended Investment Funds with Public Offering
are two important legal frameworks that control the activity and the scope of investment funds registered in Croatia
by domestic and international entrepreneurs. The management of investment funds in Croatia
can be handled by different types of companies that can control alternative investment funds
if such companies are registered in Croatia
. UCITS or the Undertakings Collective Investment in Transferable Shares are the preferred investment funds in Croatia
What is UCITS?
The Undertakings Collective Investment in Transferable Shares or UCITS are overseen by the Act on Open-ended Investment Funds with Public Offering, the set of law comprising all the conditions and requirements for establishing such an investment fund. The ways in which UCITS can be registered, managed and closed are stipulated by the Act on Open-ended Investment Funds with Public Offering. Here is what you need to know about UCITS:
- UCITS is an open-ended investment fund which can be established by foreign investors at any time.
- A management company dealing with UCITS will have to activate in attention to the principles of risk-spreading and invest in collective assets of international entrepreneurs.
- If an investor requests so, the shares of UCITS can be redeemed out at any time.
- UCITS management companies in Croatia can raise the investments through public offerings of shares.
If you need to know how you can establish an UCITS in Croatia
, we invite you to talk to our company incorporation agents in Croatia
and find out how we can provide immediate support. Opening a company in Croatia
is subject to fewer formalities, but additional help is recommended.
Establishing AIFs in Croatia
AIFs are the alternative investment funds which can be established by a manager on behalf of an investor or company, with the purpose of raising capital through private or public offerings and then investing it in varied types of assets. It is good to know that the Alternative Investment Funds Act is the set of law supervising the way in which AIFs are established and managed in Croatia. AIFs can be established in two different ways:
- • As open-ended investment funds.
- • As closed-ended investment funds.
All the legal aspects linked to AIFs in Croatia
can be explained by our local team of advisors in Croatia which collaborate with our company formation agents. Moreover, if you decide on having a business in Croatia
and you don’t have a clue about how to start and skip all the difficulties that might occur, feel free to talk to our consultants.
Investments in Croatia in numbers
The permissive legislation for foreign investments in Croatia
made a large number of entrepreneurs look at the business opportunities this country shows. The number speak on behalf of the business direction in Croatia
- • In 2018, FDIs grew by EUR 57 million in Q3 of the year.
- • There are more than 220,000 Croatians who have established at least one investment fund.
- • The number of investors in Croatia grew by 6% in the past few years.
- • The fishery production in Croatia values approximately EUR 67,543,000.
Why make investments in Croatia
The answer is quite simple and that because there is a multitude of investment opportunities in Croatia
in sectors like tourism, agriculture, IT and telecommunication, import and export, automotive, manufacturing and many more. The attraction on the banking sector is quite visible, as there are numerous foreign banks that have branches and subsidiaries in Croatia, sustaining the financial sector in a large percent. Being a competitive and appealing market, Croatia
is open for business at any time and in any sector, letting international players benefit from a tolerant legislation when it comes to investment funds
in this country.
If you would like to know more about the regulations for investment funds in Croatia
you may get in touch
with our company incorporation agents in Croatia
and find out more about the formalities involved. Our team of consultants is at your disposal if you would like to open a business in Croatia