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Orbitax

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Law on investments - enacted

02 December 2012

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Approved Changes

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Croatia

On 21 September 2012, the parliament approved the Law on Investment Promotion and Improvement of the Investment Environment. The Law entered into force on 10 October 2012. The key features are summarized below. The measures supporting investments regulated by the law relate to: -   manufacturing activities; -   research and development activities; -   business support activities; -   activities of a higher added value (e.g. design, architecture, publishing); and -   tourism Main tax incentives -   50% reduced taxable base for a period of 10 years, provided that the value of investments is up to EUR 1,000,000...