Croatian Parliament Raises VAT Threshold, Adjusts EU Small Business Scheme

• The Croatian parliament passed the Bill on Amendments to the Value Added Tax Act on 13 December 2024
• The VAT registration threshold was increased from EUR 40,000 to EUR 60,000, which is higher than the initially proposed EUR 50,000
• Existing registered taxpayers can request deregistration by 15 January 2025
• New provisions for the EU small business scheme were established for cross-border supplies
• Small enterprises with an annual turnover not exceeding EUR 100,000 across all Member States are eligible for VAT exemption under the scheme in their Member State of establishment and other Member States

Source: regfollower.com

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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