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INDUSTRIAL PARK NOVA GRADIŠKA Ltd.

For any additional information please contact:

Industrial park Nova Gradiška Ltd
www.ipng.hr

Contact person:
Ivan Sertic, mr. oec

Tel. +385 35 35 99 10,
Fax. +385 35 35 99 11

E-mail:
ivan.sertic@ipng.hr

Useful information can be reached at:

Croatian Chamber of Commerce
www.hgk.hr

Ministry of Economy
www.mingo.hr

Croatian Privatisation Fund
www.hfp.hr

 

CONCESION

As foreign persons cannot become owners of certain types of real estate (natural resources and other wealth that is of interest to Croatia), rights to concessions are regulated by the Concessions Rights Act.. An annual fee is paid for each concession right.

Building permit issue

Building permit will be issued by County Building Office, Office Nova Gradiška, in the following procedure:

Location permit - will be issued based on Idea project documentation (Area planning law).

Building permit, will be issued based on main project documentation (Building law, NN 52/99, 75/99) within 30 days after complete documentation is presented, or 60 days if the permit has to be issued by Ministry of area planning and environment protection at costs of 0,025% of building value.

Permit to use (operational permit) - it will be issued when the project is finished. Based on Environment impact regulations (NN 59/00), Study of environmental impact has to be prepared and confirmed by Ministry for area planning and environment protection or County building office, Office Nova Gradiška.

If the project documentation is made by foreign company, it has to be adopted according to Croatian building legislation and has to be revised (Project control regulations, NN 89/00), validated (Project validation regulations, NN 98/99), and translated by Croatian Licensed Project company.


LEGAL HARMONISATION

European legal harmonisation has been an important task in Croatia for years. The majority of Croatian statutory regulations are now partly in harmony with EU expectations. Legal harmonisation will continue with the passing of new statutory regulations and adoptions of existing ones.


 

FOREIGN TRADE

LEGAL FRAMEWORK FOR FOREIGN TRADE TRANSACTIONS

In the course of Croatia’s accession to the World Trade Organisation (WTO), a new legal framework for foreign trade transactions was completely harmonised with the WTO rules and regulations. Numerous laws, especially the Trade Act, have significantly liberalised trade and facilitated the exchange of goods and services with foreign countries.

 

 

REPATRIATION OF PROFIT

The issue of transferring profits to a foreign country is regulated by the Foreign Exchange system, Foreign Exchange Transactions and Trade in Gold Act. According to this Act, the transfer of profits is unrestricted and may be affected after all legal obligations in Croatia have been met.

 

 

OWENER RIGHTS OF FOREIGN LEGAL ENTITIES

If a domestic or a foreign person establishes a company in Croatia, the company is considered to be a domestic legal entity and it may acquire real estate ownership rights irrespective of whether the real estate is acquired for business operations or for another purpose. The acquisition of real estate ownership rights is regulated by The property and Other Proprietary Rights Act.

 

 

BUSINESS OPERATIONS OF FOREIGN COMPANIES

The Company Act provides special stipulations covering foreign companies (registered outside) and sole traders (recognised outside Croatia) who carry out business activities within the territory of Croatia. Foreign companies and foreign sole traders enjoy, in principle, the same rights as domestic legal entities in their operations within the territory of Croatia. The only condition that must be met when starting such operations is that a subsidiary must be established.

 

 

REPRESENTATIVE OFFICES OF FOREIGN COMPANIES

According to the Trade Act, a foreign person may establish a representative office for the purpose of effecting market research, promotional and information activities and its presentation. A representative office does not have the status of a legal entity and is not empowered to conclude contracts.