Croatia Proposes Amendments to VAT Act: Public Consultation and Global VAT Refunds Expansion

Croatia is consulting amendments to the VAT Act
The government plans to raise the annual threshold for mandatory VAT registration from EUR 40,000 to EUR 50,000
The change aims to help businesses affected by inflation opt out of the VAT system
Croatian VAT refunds will be available to non-EU businesses globally starting 1 January 2025
Other amendments include deduction of extra VAT charged by tax authorities and new EU rules for small businesses
Changes will take effect on 1 January 2025 after parliamentary approval

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