VAT solutions in Croatia
Managing VAT is an essential component of a business’s financial duties in Croatia. Understanding the intricacies of VAT regulations demands thorough knowledge of the rules and careful attention to detail. Our method revolves around assisting businesses in tackling these challenges confidently, ensuring they remain compliant while discovering opportunities for VAT optimization. By prioritizing precision and strategic understanding, we help companies meet their VAT responsibilities efficiently and effectively, offering reassurance in a continually changing tax environment.
VAT rate
Croatia adheres to EU VAT regulations, featuring a standard rate of 25%, a reduced rate of 13%, and a super-reduced rate of 5% for specific goods and services. A 0% VAT rate is applicable to particular goods and services. VAT is charged on the sale of goods, the provision of services, and imports.
Our VAT services
We provide a wide array of services aimed at helping businesses navigate the complexities of VAT in Croatia. Our objective is to ensure complete compliance and improve your VAT position, enabling you to concentrate on expanding your business. Our offerings encompass:
VAT compliance
Our VAT compliance services guarantee that your VAT returns are completed and filed correctly and punctually, fully aligning with both local and international VAT regulations. We assist you throughout the process, offering professional guidance on the required documentation and submission timelines. This ensures your business remains compliant and reduces the likelihood of penalties and other VAT-related complications.
VAT planning and optimization
We provide services for VAT planning and optimization designed to create strategies that lower your VAT obligations. Our team collaborates with you to recognize and leverage every available VAT exemption, reduction, and refund. Furthermore, we help you organize your transactions and supply chains in a way that maximizes VAT efficiency, making sure your VAT strategy supports your overall financial goals.
VAT registration
Understanding VAT registration requirements can be difficult, particularly for businesses looking to enter the Croatian market or grow their operations. Our VAT registration service streamlines this process by handling every aspect of your VAT registration. We help you assess if your business is required to register for VAT, complete the essential paperwork, and ensure it is submitted on time. Furthermore, we offer advice on VAT registration thresholds, intra-community transactions, and ongoing compliance responsibilities, enabling you to concentrate on your primary business functions.
VAT accounting
We offer extensive assistance in identifying your VAT obligations and ensuring that your VAT reporting aligns with accounting standards such as IFRS and GAAP. Additionally, we manage the reconciliation of VAT accounts with your general ledger balances, providing precise and clear financial statements that accurately represent your company’s actual financial status.
VAT audits and representation
If your business faces a VAT audit, our VAT audits and representation services are available to assist you. We help in collecting all required documentation and represent you during negotiations and dispute resolutions with Croatia’s VAT authorities. Furthermore, we provide pre-audit reviews to pinpoint and resolve potential compliance issues early on, ensuring your business is adequately prepared for any examination.
Cross-border VAT compliance
For businesses active in various jurisdictions, our cross-border VAT compliance services facilitate effective management of your VAT responsibilities in multiple areas. We offer comprehensive assistance on adhering to the distinct VAT laws and regulations of different nations, including guidance on VAT registration, invoicing, and reporting obligations. This support enables you to confidently navigate the intricate realm of international VAT.
International VAT advisory
Our international VAT advisory service aims to help businesses with operations across various countries navigate the complexities of international VAT. We offer strategic advice regarding cross-border transactions, VAT registration in various jurisdictions, and the process of reclaiming foreign VAT. Our team provides expert assistance in optimizing your global VAT position, addressing key concerns such as supply chain structuring, VAT grouping, and handling VAT obligations in several countries. This service is well-suited for companies seeking to grow their international presence while efficiently managing their VAT responsibilities.
VAT system
A deep knowledge of Croatia’s VAT system is crucial for any business, whether they operate domestically or internationally. Our expertise offers a detailed explanation of the VAT system’s workings, including the particular scenarios where VAT applies. We assist you in understanding the different rates, exemptions, and regulations that shape Croatia’s VAT framework, helping your business stay compliant while strategically working to improve VAT efficiency. By understanding the VAT system clearly, you can make informed choices that align with your company’s financial objectives and reduce possible VAT liabilities.
Contact us
To learn more about our VAT services or to talk about how we can help, get in touch with us.
Disclaimer
Tax laws and regulations are subject to frequent changes and can differ depending on individual situations. The information shared here serves as general guidance and may not represent the latest updates. It is strongly advised to seek the help of a qualified tax professional for specific and current advice tailored to your case.