CASE STUDY
Read more about our collaboration with the world’s leading manufacturer and supplier of cement, aggregates, ready-mix concrete, asphalt, and more.
The client had clear plans for a significant investment cycle in various facilities in Croatia. The investment amounted to 286 million HRK. Due to the complexity of the investment, the client did not have enough time to explore options for optimal financing independently. Therefore, they decided to turn to us for assistance.
Before formalizing the collaboration, we gathered as much specific information about the plans as possible, including a detailed cost estimate of the investment. After researching options and determining the real potential for the application, we agreed on the terms of cooperation and started an intensive project.
The best available option was chosen – tax incentives based on the Investment Promotion Act. We interpreted the provisions of the Act, provided opinions, warned of possible risks, reminded of deadlines, and communicated with the Ministry of Economy. We provide audit service of comprehensive documentation needed. The entire process of preparing documentation took two months, and the approval process took six months.
Collaboration goals
Ensure support for the client’s significant investment cycle and employment
Results achieved
Realized the right to use tax relief on profits
Type of service
Researching available support options
Preparation of application for tax relief