Croatia

The ISO code of Croatia is HR according to the ISO 3166 standard. The local name of the country is Hrvatska. Croatia capital city is Zagreb. People in Croatia speak the Croatian language. On 21 May 0879, Croatia emerged as a sovereign political entity. In the year 05/21/0879, Croatia emerged as a sovereign political entity. The largest city in Croatia is Zagreb.

Croatia is located in the UTC +01:00 time zone, which is also called Central European Time or CET. The internet country code top-level domain (ccTLD) for Croatia is .hr. Other domains assigned to Croatia are .eu. The domain name .eu is available for use by organizations in and residents of European Union member-states. The International dialing code for Croatia is 385. People in Croatia drive on the right side of the road. Total land area of Croatia is 56,594 km² (approx. 21,851 mi²). Croatia is not a landlocked country. It means that is is bordered by at least one major body of water.

Croatia is located in Europe. Croatia is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life.

Currently Croatia faces various issues, including air pollution (from metallurgical plants) and resulting acid rain is damaging the forests, coastal pollution from industrial and domestic waste, landmine removal and reconstruction of infrastructure consequent to 1992-95 civil strife.

Doing business in Croatia

We offer various corporate services in Croatia jurisdiction. These services can serve both, people coming from Croatia and foreigners. If you plan on doing business in Croatia you might be interested in contacting us.

To find out about starting your business in Croatia click on company formation in Croatia.

To find out how to open a bank account in Croatia and moreover what type of account Confidus Solutions suggests to create, please click on bank account in Croatia.

Choose preferred service below or continue reading to find out more about Croatia.

Company formation Bank account (Corporate)Available banks Bank account (Private)

Demographics of Croatia

The total population of Croatia is 4,164,783 people. In Croatia, the population density is 76 people per square kilometer (198 per square mile). Because of this statistic, this country is considered to be sparsely populated. The ethnic diversity is diverse according to a fractionalization scale which for Croatia is 0.369. Croatia has approximately 576883 foreign immigrants. The median age is approximately 42.1 years. In Croatia, 63 in every 100 people use internet. Croatia has a Human Development Index (HDI) of 0.812.

The majority religion of Croatia is Christianity, Croatia is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Click on a link to read more on demographics of Croatia.

Culture of Croatia

People in Croatia speak the Croatian language. According to data on inbound tourists in Croatia, 10,955,000 tourists arrive in the country each year. The first McDonalds in Croatia was opened on 2 February 1996, and it was located in Zagreb. One of the most popular national dishes of Croatia is istrian stew. To read more click on culture of Croatia.

Geography of Croatia

Croatia is considered to be a large nation because of its total area. Its total land area is 56,594 km² (approx. 21,851 mi²). Croatia is located in Europe. Its capital city is Zagreb. Croatia has 5 neighbouring countries. Its neighbours include Bosnia and Herzegovina, Hungary, Montenegro, Serbia, and Slovenia. Total length of land borders of Croatia is 2237 kilometers (~864 miles).

The highest point of Croatia is Dinara, with its official height being 1831 m (6,008 ft). Including land mass and EEZ, the total area of Croatia is approximately 115,626 km² (~44,643 mi²). The most notable natural resources found in Croatia are oil, some coal, bauxite, low-grade iron ore, calcium, gypsum, natural asphalt, silica, mica, clays, salt, hydropower.To read more click on geography of Croatia.

Economy of Croatia

The currency of the country is Croatian kuna. The symbol used for this currency is kn, and it is abbreviated as HRK. 9.8% of population in the country are unemployed. The total number of unemployed people in Croatia is 408,149. Each year, Croatia exports around $12.36 billion and imports roughly $21.74 billion. The Gini Index of the country is 32. Croatia has a Human Development Index (HDI) of 0.812.The Global Peace Index (GPI) for Croatia is 1.55. Croatia has a government debt of 18.8% of the country's Gross Domestic Product (GDP), as assessed in 2012. Croatia is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Major industries in the country are chemicals and plastics, machine tools, fabricated metal, electronics, pig iron and rolled steel products, aluminum, paper, wood products, construction materials, textiles, shipbuilding, petroleum and petroleum refining, food and beverages, tourism.

The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in Croatia is $88,733 billion. Each year, consumers spend around $35,889 million. The ratio of consumer spending to GDP in Croatia is 0%, and the ratio of consumer spending to the world consumer market is 0.1035. The corporate tax in Croatia is set at 20%. Personal income tax ranges from 12% to 40%, depending on your specific situation and income level. VAT in Croatia is 25%. To read more click on economy of Croatia.

Infrastructure of Croatia

Infrastructure quality in Croatia is rated to be at 2.92. It indicates a satisfactory quality - roads, railroad, ports and other facilities are able to handle significant traffic at all times and are also suited to various types of transport vehicles and vessels.

In Croatia, 100% of the population has access to electricity. There are 729,420 internet hosts in Croatia. Croatia has 69 airports nationwide.

The logistics performance index of Croatia is 3.05. It indicates a satisfactory performance - in general, traffic is handeled well, some flaws in certain areas are possible, but overall the logistics system performs reliably and is ready to handle predictable amounts of traffic.

Tracking possibilities for shipments are rated at 3.11. It indicates a satisfactory performance - the tracking systems provide all the basic information as well as additional data about shipments; most of the times it also has a weel established cooperation with foreign and international tracking systems, as well as usually provides information in multiple languages.

The number of road motor vehicles per 1000 inhabitants in Croatia is 532. To read more click on infrastructure of Croatia.

Politics of Croatia

Croatia, is a unitary parliamentary constitutional republic. With regard to political and civil freedoms, Croatia is 1. Citizens in Croatia experience total freedom. The majority of countries in which citizens enjoy expansive civil liberties and political freedoms are representative democracies, in which officials are directly elected by citizens to advocate for their needs and desires. Free countries are often bolstered by healthy economies and high-functioning governments. The head of the government is Kolinda Grabar-Kitarović.

According to the World Bank Group, the government effectiveness index of Croatia is 0.69. This indicates that the government of Croatia is effective. Citizens enjoy well-organized public and civil services, and government efficiency is high. While some services may be lacking in certain areas, the overall environment fostered by government legislation is favorable.In Croatia, the legislative power is vested in a Sabor. The Global Peace Index (GPI) for Croatia is 1.55. The strength of legal rights index for Croatia is 5. Overall, it is considered to be rather inadequate - bankruptcy and collateral laws are able to protect the rights of borrowers and lenders to some degree; credit information may be sufficient, but hardly available, or, the oppoiste case, available but not sufficient. Croatia is a member of the United Nations (UN). On 22 May 1992, it joined the UN as a full member state. Croatia is a member of the European Union (EU). On 22 May 1992, it joined the EU as a full member state. Croatia is a member of the World Bank. To read more click on politics of Croatia.

Environment of Croatia

Croatia emits 4.8 metric tons per capita of CO₂. 24901 km² of Croatia's territory is covered in forests. and forest land comprises 44% of all the land in the country. The number of road motor vehicles per 1000 inhabitants in Croatia is 532. To read more click on environment of Croatia.

Company formation in Croatia

The development of telecommunications and economic globalization has made it possible for interested investors to form companies around the world. With proper research, financial investments, and legal backing, business ventures can safely be established in Croatia.

When establishing a company in Croatia, an interested investor must do due diligence with regard to legal processes, international regulations, and sufficient investment for success. It is critical to understand cultural, social, and political factors of Croatia that will affect the establishment and growth of one's business. Contact us or click on company formation in Croatia to read additional information when setting up a business.

Bank account opening in Croatia

With the right paperwork and initial outlay, it is possible for a foreign citizen to open a bank account in Croatia. This opportunity for international accounts and investments offers several advantages based on economic regulations and tax structures. Interest rates and fees vary depending on your interests.

When considering opening a bank account in Croatia, one must enlist the help of international experts to guide them through the process. To find out more about our banking services click on bank account in Croatia or contact us.