CASE STUDY

Krempel Croatia

ZOPU

Read more about our collaboration with a company specializing in the production of electrical insulation systems and composite materials.

Client's Challenge

The client was launching a new production facility in Slavonski Brod. The total investment value was EUR 4 million.

Considering the scale of the investment and the planned business growth, the client wanted to take advantage of the opportunities provided by the Croatian Investment Promotion Act.
One of the key challenges was structuring the investment and preparing the necessary documentation to ensure the project met all requirements for obtaining investment incentives.

The client needed support in understanding the regulatory framework, defining eligible costs, and preparing the complete investment application documentation.

Our Approach to the Task

Before formalizing the collaboration, we gathered detailed information from the client about the planned investment and employment plans. After assessing the project’s real potential, we agreed on the terms of cooperation and began intensive work on the project.

Klijentu smo tumačili odredbe trenutnog Zakona, davali mišljenja, upozoravali na moguće rizike, podsjećali na rokove, komunicirali s Ministarstvom gospodarstva. Pripremili smo sveobuhvatnu dokumentaciju, s poslovnim planom. Cjelokupni proces pripreme dokumentacije trajao je mjesec dana.

The process of obtaining investment incentive status took approximately three months. During that period, we remained available to the client for all questions related to the investment timeline and additional requests from the Ministry.

We also agreed on long-term support for annual reporting to the Ministry of Economy, including preparation of documentation and additional reporting requirements for a minimum period of three years.

Collaboration goals

Achieve tax savings through investment in equipment for the production of electrical insulation materials and composite products

Results achieved

Realized the right to use tax relief on profits

Type of service

  • Preparation of application documentation and business plan for investment tax incentives
  • Support in reporting to the Ministry of Economy
From the very beginning, working with your team has been simple and natural. Communication is direct, clear, and easy to understand, which is exactly the type of business cooperation I personally prefer. The information provided by your team is accurate, verified, and based on facts rather than assumptions or speculation, which I highly appreciate.
That approach is exactly why I recommended you to a long-time friend of mine, because I believe this way of working brings real value to projects like this one.
I hope the same level of open and high-quality communication will continue until the very end of the project. I also believe that now, after getting to know Krempel and the way we work, you will keep us in mind for future public calls and incentive programs and recommend opportunities where we could participate and secure additional support.
Ivan Zgrebec, Krempel Croatia
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