Tax reliefs

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.

INVESTMENT PROMOTION ACT (IPA)

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.

Other options

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?

How can Happtory help you achieve tax relief?

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.

PREPARATION OF THE IPA APLICATION
MANAGEMENT OF THE IPA PROJECT

If you need us in the phase of preparing the IPA application, we will:

What are your benefits?

Take a look at the current calls for grants for entrepreneurs

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.

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