- Croatia has proposed amendments to its VAT law
- The new amendments are set to be effective from January 1, 2025
- The government released a draft bill on September 25, 2024
- Proposed changes include increasing the VAT registration threshold from 40000 euros to 50000 euros
- New measures will be introduced for the EU small business scheme to allow businesses with turnover below certain limits to apply for VAT exemptions
- The amendments also propose removing the reciprocity condition for VAT refunds for non-EU businesses, allowing them to obtain refunds from Croatian suppliers under specific conditions
Source: kpmg.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.