The generous business market in Croatia is reflected by the stable economy and the well-developed industries. Foreign investors can set up companies in Croatia
with fewer formalities and less bureaucracy, in agreement with the laws governing this country. Our company formation agents in Croatia
are at your disposal with complete information about how you can open a limited liability company in Croatia
or any other business structure in this country.
What is a DOO in Croatia?
A DOO in Croatia defines a limited liability company, that is called a Drustvo s Ogranicenom Odgovornoscu. Limited liability companies in Croatia are the most common structures used for businesses, especially by small-sized companies, due to their simple incorporation procedure in Croatia. The minimum share capital that must be provided in order to set up a limited liability company in Croatia is 2,500 EUR or 20,000 HRK. The contribution can be made in cash, material goods or commercial rights. The initial capital must be deposited in the national currency of Croatia. As for the owners of a DOO, one or more shareholders can set up a limited liability company in Croatia. They can be either individuals or corporations and they can have any foreign citizenship or residence. Shareholders’ liability is limited when it comes to the company’s debts and obligations and it is extended up to their own contributions.
What is the management structure of a limited liability company in Croatia?
The minimum management structure
of a limited liability company in Croatia
is a director or president. He must be appointed by the shareholders and he can be Croatian or a foreign citizen.
The manager can also represent the company in Croatia in front of third parties whenever it is the case.
How can a limited liability company in Croatia be verified?
All limited liability companies in Croatia
must submit the annual financial statements regarding their commercial activities and all their transactions. These statements must be audited and approved by authorized public accountants in Croatia
Are there other requirements for a limited liability company in Croatia?
As far as the name of the limited liability company in Croatia
is regarded, it must be unique and not similar to any other name of a Croatian company. In order to check if the chosen name for the limited liability company in Croatia
has already been used, one can search the database of the Croatian Register of Companies
Opening a private limited liability company in Croatia
A private LLC in Croatia
is the type of company
which cannot trade its shares publicly. This type of business structure is normally controlled by a board of managers appointed by the shareholders of the company. The registration process takes place at the Trade Register in Croatia if the Articles of Association are submitted in accordance with the requirements of this institution. Such documents need to contain:
- • information about the owners (their names and their nationality);
- • details about the minimum share capital and the contribution of the owners;
- • the date when the private limited liability company opens in Croatia;
- • complete information about the responsibilities of the owners and of the directors.
For more information about setting up a limited liability company
, feel free to contact
our company incorporation specialists in Croatia