What is a tax relief? Tax relief is a form of aid that is consumed by reducing the outflow of funds from a business account through lower tax payments. Entrepreneurs in Croatia have several options available that can save money by not paying a portion of the taxes. If you are considering how to make savings in business or how to relieve cash flow, you should be informed in a timely manner about available opportunities.
The most well-known tool for encouraging new investments is regulated by the INVESTMENT PROMOTION ACT. This option functions by providing relief to entrepreneurs through a reduction in the corporate income tax (CIT) obligation, based on new employments and investment in assets.
Investments and employment can be implemented over a period of 3 years. Our support covers the phase of preparing documentation for the application and the preparation of annual reports during the project implementation period and the utilization of relief.
There is no specific deadline for applying to this option, but it is crucial to submit the application before the first order of assets or before the first employment related to the investment project.
Non-taxable payments
Did you know that you can pay your employee a minimum of 5,700 EUR annually in non-taxable payments? – This amount costs you the same as the employee can receive! For example, it’s surely new to you that you can cover the employee’s rental accommodation expenses without limitations!
Car leasing
Have you put on paper how much car leasing costs you overall?? Which option would you prefer – financial or operational leasing?Purchasing a car for the company or as an individual?
If you don’t know where to start or simply don’t have the time, reach out to us with confidence! Our service includes finding and analyzing available tax reliefs to identify the optimal ones for you. We will advise you on preparing all accompanying documentation to claim your right to savings and assist you in the documentation preparation. We will educate you on potential savings on corporate income tax based on investments, non-taxable payments, the cost of purchasing cars on leasing, etc., and alert you to common mistakes.
If you need us in the phase of preparing the IPA application, we will:
If you need us in the project implementation phase for IPA , we will:
- Marko Čačić, Bitlight
- Ivica Tomić, GER4TECH Robot Factory
- Francesco Gargano, Adma Pro
- Boris Barbir, Pine Studio
- Ivana Prahović, Tiskara Pečarić Radočaj
- Josipa Maras, Studijo Wallart
- Gala Marija Vrbanić, YCY
- Krešimir Paić, Eccos-inženjering
- Dušanka Kirić, XD Fashion Group
We bring you an overview of published and upcoming calls. In our database, you can also find closed calls that can serve as inspiration for you.