Croatia joined the EU on July 1, 2013 and its membership obliged it to join the eurozone once it fulfilled the euro convergence criteria. Croatia joined the European Exchange Rate Mechanism (ERM) II on July 11, 2020. Croatia will become the 20th EU member state to adopt the Euro as its currency.
Main watch-outs:
- Ensuring the Euro currency is shown on tax invoices with a tax point of January 1, 2023 or later.
- Ensuring systems are updated to reflect the Euro currency (including ERPs, e-commerce platforms, EPOS and invoicing systems).
- Consider any required updates to price lists, contracts, purchase orders and agreements.
- Convergence Report reviews Member States’ preparedness to join the euro area and paves the way for Croatia’s euro adoption on 1 January 2023
- Croatia introduces Euro currency for VAT 2023
- Croatia to adopt the euro from 1 January 2023: Final transition in Q4 2022
- Croatia to Adopt the Euro from 2023 – Orbitax
- Croatia to adopt the Euro currency in 2023 – Avalara
- Croatia to display prices in both Kuna and Euro from September 5, 2022
- Croatia: New member of the Eurozone
- Croatia: Ready to join Eurozone in 2023 – obligation of dual display of the prices.
- Decisions on the proclamation of the Law on Amendments to the Law on Value Added Tax in Croatia
- ECOFIN Adopts Legal Acts Enabling Croatia to Introduce the Euro as its Currency
- In which currency should data be submitted to the fiscalization system in Croatia?
- KMLZ VAT Newsletter 60/2022 – A look across the border
- Penalties for those who do not dually display prices according to the rules in Croatia
- Switch to EURO: dual price showing obligation only applies in relations with end customers (B2C sales/transactions)
- Tax Authority issued a notice regarding the introduction of the euro in Croatia
