Croatia

Ease of Doing Business in

Croatia

This page shows summary Doing Business 2012 data for Croatia. The first table lists the overall "Ease of Doing Business" rank (out of 183 economies) and the rankings by each topic. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Eastern Europe & Central Asia
Income Category High income
Population 4,430,003
GNI Per Capita (US$) 13,760.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
80 79 down -1
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 67 57 up -10
Dealing with Construction Permits 143 142 up -1
Getting Electricity 56 56 No change
Registering Property 102 104 up 2
Getting Credit 48 64 up 16
Protecting Investors 133 131 up -2
Paying Taxes 32 30 up -2
Trading Across Borders 100 99 up -1
Enforcing Contracts 48 47 up -1
Resolving Insolvency 94 94 No change

Economy Profile

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Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2012 Rank 67 DB 2011 Rank 57 Change in Rank down-10
Indicator Croatia Eastern Europe & Central Asia OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

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Procedures (number)
6 6 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

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Time (days)
7 16 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

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Cost (% of income per capita)
8.6 8.3 4.7

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

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Paid-in Min. Capital (% of income per capita)
13.8 10.0 14.1
No. Procedure Time to Complete Associated Costs
1 Check availability of the company's name 1 day No charge
2 Notarize memorandum of association and register company with the Commercial Court electronically 2 days 3150 HRK+23% VAT (drafting and notarizing the articles of association) and 220 HRK+ 23% VAT (application fee) and 160 HRK + 23% VAT (drafting the acceptance of appointment statement) and 46,60 HRK per signature + HRK 400 (court fees) + HRK 900 (publication fees)
3 Order official seal and apply for statistical registration number 1 day HRK 150 + HRK 55
4 Open a bank account 1 day HRK 175
* 5 Register with tax authority (porezna uprava) for VAT and employee income tax withdrawals 1 day (simultaneous with previous procedure) no charge
* 6 Register with Croatian Pension Insurance Fund (Hrvatski zavod za mirovinsko osiguranjem, HZMO) or FINA 1 day (simultaneous with previous procedure) no charge
* Takes place simultaneously with another procedure.

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