Croatia's Ministry of Finance has launched a public consultation on a draft bill amending the VAT Act. One of the main measures of the bill is an increase in the VAT registration threshold from EUR 40,000 to EUR 50,000. In connection with this, the draft bill also introduces measures for the EU small business scheme for cross-border supplies. This includes that a taxable person established in another EU Member State can apply the VAT registration exemption in Croatia if their annual turnover in Croatia does not exceed EUR 50,000 and their annual turnover in the EU does not exceed EUR...