BUSINESS ADVISORY Introducing the euro as the default currency - all information in one place

As of January 1, 2023, the euro is the official currency and legal tender in the Republic of Croatia. On that day, the Republic of Croatia becomes the twentieth member state of the euro area, and the euro becomes the official monetary unit and legal tender in the Republic of Croatia.
BUSINESS ADVISORY Consumer protection during the introduction of the euro

During all activities related to the introduction of the euro, the key principle is consumer protection. The main consumer protection mechanisms in the process of introducing the euro are:

  • dual display of prices
  • application of a fixed conversion rate when recalculating
  • supervision of merchants and service providers
  • monitoring the price trends of the most commonly used products on the market.
BUSINESS ADVISORY Guidelines for the adjustment of economies in the process of replacing the Croatian kuna with the euro

The purpose of these Guidelines is to provide information to business entities on the activities and adjustments that await them in the process of replacing the Croatian kuna with the euro. The goal of timely preparation is the smooth and fast exchange of official currencies, with minimal impact on business and maximum efficiency. 
TAX CONSULTING The changes brought about by digitalization and globalization have led to two new models of global taxation

Digitization and globalization have had a major impact on the economies and lives of people around the world, and that impact has only accelerated in recent years. These changes brought with them challenges to the rules of taxation of income from international business, which prevailed for more than a hundred years and led to multinational companies not paying their share of taxes despite the huge profits many of these companies made to become interconnected.
PRESENTING THE FRAMEWORK AND MAIN ASPECTS DIRECTIVE (EU) 2021/2101 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 24 November 2021 amending Directive 2013/34 / EU

In April 2016, the European Commission proposed an amendment to Directive 2013/34 / EU (Accounting Directive) regarding the publication of information on corporate income tax of certain companies and branches as part of the Action Plan for a fairer corporate income tax system. Directive 2021/2101 was adopted on 24 November 2021 and entered into force on 21 December 2021. Country-by-country reporting is an effective and appropriate tool to increase transparency regarding the activities of multinational companies and to enable the public to assess the impact of these activities on the real economy. Public reporting by country also improves the ability of shareholders to properly evaluate the risks to which companies are exposed, leads to investment strategies based on accurate information and increases the ability of policy makers to assess the effectiveness and impact of national legislation.
EUROPEAN UNION How to make business easier when introducing another currency?

A little less than a year separates us from the arrival of the new currency on the Croatian market. The current situation of knowledge and awareness of state institutions, as well as physical and business users, is really low. During each change of principles and laws, the legislator takes everything in its regulatory framework to adapt the situation in the country to the accompanying changes.