A simple limited liability company (J.D.O.O.) is a capital company whose minimum share capital is 10 kn and the lowest nominal amount of the share is 1 kn (as opposed to a d.o.o. when the share capital required is 20,000 kn minimum).
How to Open a J.D.O.O. in Croatia
The first step in opening a j.d.o.o. is selecting a name for the company. When choosing a company name, use the court register portal. In addition to the selected company name, it is advisable to prepare alternate names in case your selected name is already taken. They will not accept made up words or English words, in most cases.
Next, you’ll need to find a notary. In Croatia, a notary is called a “javni bilježnik“. The Notary will draw up a Record of Founding, a Notification to Register a Company in the Court Registry, and a Statement of Non-Existence of outstanding Debts. Documents must be signed and verified by a notary public. Take a personal ID card or passport (required for foreign nationals). Presence of all founders and other persons whose signature needs to be verified is obligatory. If you do not speak Croatian, you will be required to have a certified translator with you at the notary’s office.
After the payment has been made, HITRO.HR will complete your application and forward it to the Commercial Court. If the documentation submitted is correct and complete, the Commercial Court will register the company in the Court Registry within 24 hours and submit a Decision on Founding and a Certificate of OIB to a newly created company.
You will also need to fill out the RPS form required for obtaining the Classification Notice of the Business Entity by National Classification of Activities of the Central Bureau of Statistics (ID Number and Main Activity Code).
The document about registration in the court register and the Notification of classification of the business entity with the registered ID number can be picked up at the HITRO.HR service counter.
Once you have your documentation together, it’s necessary to create a stamp and open an bank account so that the transfer of the founder’s deposit (required start up capital) can be made to the company’s account. The company, the company’s owner and the employees of the company must be registered in the pension insurance system and in the health insurance system by going to the HZMO and HZZO offices.
After registration in the court register and the register of the State Bureau of Statistics, you’ll need to apply for registration in the tax administration offices. Bring the court register registration document, the Classification Notice according to the National Classification of Activities and a Signature Card.
- Starting capital = 10 kn
- Notary public costs (with documentation) = 550 kn
- Judicial registration fee = 60 kn
- Publication in the Official Gazette = 200 kn
- DZS fee = 55 kn
How to Close a J.D.O.O. in Croatia
The termination of a j.d.o.o. company requires the decision of the members of the company. The same provisions apply as for the liquidation of the classic d.o.o.
Termination of a j.d.o.o. takes place in the same manner and under the same conditions as the closure of d.o.o. except that it’s significantly cheaper – 600kn.