20th country to adopt the European Union currency; new VAT thresholds Croatia became the 20th country to adopt the Euro currency on 1 January 2023. It replaced the kuna (HRK), which came into circulation in 1994 following the break-up of Yugoslavia. The official exchange rate
Spiralling inflation prompts cuts on basic foodstuffs, gas and heating Croatia is the latest country cutting VAT on heating and food as its main inflation rate hits record levels. Its headline inflation rate has hit 12.3%, with heating and other basics being many times higher.
VAT compliance and reporting rules in Croatia Below is summary of the major rules provided under Croatian VAT rules (Croatian VAT Act of 2013 (ZPDV). And VAT bylaws), plus adoption of EU VAT Directive provisions. Our VAT Calculator & VAT Filer products on a single platform, VAT
Raised thresholds for declarations of intra-community movements of goods to and from Croatia Croatia has increased its Intrastat reporting thresholds to the following levels: Arrivals 2.5m HRK to 2.6m HRK (approx €350k); and Dispatches 1.3m HRK to 1.5m HRK (approx €200k) The Intrastat electronic reporting
Croatia has introduced deferred import VAT from 1 January 2021. This follows most of the other 27 EU member states. Importers with a Croat VAT number may now avoid making cash payments to clear their goods. Instead, they may make a book recording of the
Croatia is to modify the rules on applying the reverse charge on goods and services for non-residents from 1 January 2019. Currently, any non-established businesses with or without a Croatian VAT number must not charge VAT on domestic supplies of goods or services to a
