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Business Climate in Croatia

 

 

Introduction

Croatia is a Central European country with a population of 4.437.460 inhabitants living on an area of 56.538 square kilometers. The country’s capital is the city of Zagreb in which around 779.145 inhabitants reside.

Croatia is divided into 428 municipalities and 128 cities. Municipalities usually have more than 10,000 inhabitants.

The national currency in Croatia is the Kuna and around 7.43 Kunas make 1 EUR. 

Some basic economic stats include: 

  • Inflation rate in 2018: 1.5%
  • Direct investments in 2018: 354.08 Milions EUR
  • The growth rate of the Gross Domestic Product (GDP): 3.9%

Index of Economic Freedom Rank: 84

The distinguished Index of Economic Freedom, an annual guide published by The Heritage Foundation, gives Croatia economic freedom score of 62.2 This gives the country an overall worldwide rank of 84 and puts Croatia 39th among 45 countries in the European region. The overall score is approximately equal to the regional average and well above the world average.

World Bank, Doing Business Rank: 51

The World Bank, Doing Business Report ranks Croatia in 51st place for doing business on the world ranking. The country is given a score of 73,6 and a ranking of 114 for starting a business in 2020.

Basel Institute, AML Index Rank: 115

The Basel Institute of Governance ranks Croatia on 115 rankings position. Please note that the highest-ranking position shows that the country is having a higher risk of money laundering and terrorist financing.

Do you think Croatia is a good place for your business?
If yes, we will help you establish your business in Croatia . All you need to do is to follow these steps:

Step 1: You send us an email

on contact@thybusinessguide.com

Hi,
I want to open a company in Croatia
Refer me to someone that will get the job done, fast and professionally.

Step 2: We get back to you with a referral

We will contact you immediately with a couple of options and what price to expect. This way you won’t get overcharged. Also, we will provide you with a special code for which you will get a discount. This code will also let our referral know that if he/she is not acting as they presented us, they will lose a major leading source.

Step 3: You contact the referral

When asking details about the fees, timeline and other aspects for the professional engagement, it is very important to present our referral with the code we give you. We also strongly suggest cc’ing’ our email as we can follow if our referral is professional as he/she promised to be. 

Step 4: You let us know how it went

This is the only thing we ask. By giving us a review of how our referral worked for you, we will be able to know if we should give them more business, or take them from our list. They know that if they get bad reviews from our clients, they won’t get new clients from us. This is how we make sure that they do what they told us they will.