How to open and close a d.o.o. (LLC) in Croatia

A limited liability company (known as a d.o.o.) is a company founded by one or more persons that want to do business under a common name.

How to Open a D.O.O. in Croatia

The start up capital required to open the business is a minimum of 20.000 kn, but could be as high as 100.000 kn for non-EU nationals.

Approximate Costs:

  • Court fee for registration (400 kn)
  • Registration of the company in the Official Gazette (900 kn)
  • Central Bureau of Statistics fee (55 kn).
  • Notarial services (varies, ~2.000 kn)

The first step is to choose a name for your company. It is good to come up with several variations of the name, in case your first choice is not available. For example, you may not have a similar name to an existing company. You may browse existing companies on the Ministry of Justice website. The name of your company must be in Croatian language (unless using your last name) and Latin script.

According to the Companies Act, when registering a company, you must report the business address.

An application for entry into the court register is verified by a notary public, called a “javni bilježnik” in Croatian. Certified enrollment and paid taxes are brought to Fina, the tax agency. There you can find an RPS form that serves as a record for the Central Bureau of Statistics and allows the allocation of the company’s ID number and the main activity code.

When all the paperwork is finished, you need to create a company stamp (depending on size and shape, roughly 100 kn), open a company bank account and deposit 20,000 kn of starting capital. Keep the receipt from your deposit of the start up capital. Frankly, it is best to keep all of your paperwork in a safe, organized place, no matter how insignificant it may seem.

How to Close a D.O.O. in Croatia

So, you’ve decided to close your business in Croatia.

First, you’ll need to report the decision to close the company to the commercial court, which then decides on the opening of the liquidation process of the company in the court register.

Next, the company must enter a supplement to its name: “in liquidation” (e.g. instead of the “name of the company D.O.O.” – the “name of the company D.O.O. in liquidation”). Liquidation is carried out by the management members of the company called “liquidators” that are appointed by a decision made at the shareholders’ meeting or by an appropriate provision of the social contract.

The Company is obliged to enclose the accounting and financial documentation and to complete all current affairs in the company, to charge the company’s receivables, to collect the remaining assets and to settle the creditors before starting the closing process. The closing itself will cost you 2.500kn.

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11 thoughts on “How to open and close a d.o.o. (LLC) in Croatia

  1. Ali Hallal
    March 23, 2018 @ 3:22 pm

    Hello Sir /Madam
    My Name Is Ali Halla , i am an Australian Citizen and i would like to Establish a Trading Company in Croatia.
    Kindly Tell me what do i need to Establish That.
    waiting for your Kind Reply.

    Regards

    Ali Hallal

    {reply}

  2. Mahmood Agwan
    July 15, 2018 @ 7:07 pm

    Hello
    I am indian,
    i want to do business with croatia
    Please advice.

    {reply}

  3. David
    July 26, 2018 @ 2:00 pm

    I had to open a company to buy my house in Croatia. It’s isn’t working and never will. The property is in company name though. How can I close company without losing property?

    {reply}

  4. Nivedita
    August 20, 2018 @ 12:19 pm

    Hi Sara,

    I am Indian and I wish to open an Indian restaurant in Split.

    Could you please advise if it would be wise to do so or not?

    Also, what are the requirements to do so.

    Cheers!

    {reply}

    • Expat in Croatia
      August 24, 2018 @ 11:48 am

      Hi Nivedita,

      Yes, it would be wise! We don’t have an Indian restaurant and Split and many of us are DYING for one to open. You would have an instant following. 🙂

      I recommend reviewing the posts in this section: https://www.expatincroatia.com/business-in-croatia/

      Good luck and hope to see you in Split!

      Sara

      {reply}

  5. John
    November 3, 2018 @ 11:31 pm

    I have a residential property in a company name, I am wanting to retire. If I close the company, well I lose my property?

    {reply}

    • Expat in Croatia
      December 11, 2018 @ 1:00 pm

      Hi John,

      I recommend consulting a lawyer to see how best to detail with the property. My guess is that you’ll need to transfer the property to yourself as an individual.

      Regards,

      Sara

      {reply}

  6. Mark Jones
    May 24, 2019 @ 9:46 pm

    Hey,

    I am from Australia and I am working here for a company and have a permit etc. I am selling somethings on amazon, and will get paid for those things etc, do I need to report that income, or set up a business, thanks 🙂

    {reply}

    • Expat in Croatia
      May 27, 2019 @ 10:06 am

      Hi Mark,

      If you are receiving income within Croatia, then yes, you’ll need to set up a business of some kind. An obrt is the best recommendation.

      Regards,

      Sara

      {reply}

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