Croatia enacts VAT Act Amendments to Align with EU Directives

• Bill: On December 13, 2024, Croatia enacted a bill to amend the VAT Act to align with EU directives, focusing on enhancing efficiency for businesses, especially small enterprises, and improving VAT administration.
• Key Amendments: The proposed changes include
  • establishing a special VAT scheme for small businesses
  • raising the VAT registration threshold from €40,000 to €60,000 (see PZ-82, point 5), and
  • abolishing the reciprocity requirement for VAT refunds to non-EU businesses, all aimed at simplifying compliance and fostering cross-border trade.

Source:

• kpmg.com
• Fiscal Requirements
• The Act was adopted at its 4th session, on 13 December 2024

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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