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Limited liability company (LLC/d.o.o.) is a type of company founded by one or more persons who wish to operate under a common name. This is the most frequent form of company in the Republic of Croatia, and can be established by one or more natural or legal persons who invest in previously agreed share capital, which according to the Companies Act cannot amount to less than HRK 20,000.00. LLC is founded on the basis of a Deed of incorporation, that is, a contract signed by all founders called the Articles of association. All founders are obliged to sign Articles of association that is concluded in the form of a notary public document, and in case there is only one founder, the Articles of association is replaced by the Deed of incorporation of LLC before a notary public.
The procedure for opening LLC is as follows: Choose company name Selection of activities Business premises Signing of the Articles of association / Deed of incorporation of LLC before a notary public Share capital payment Registration with the Commercial Court Croatian Bureau of Statistics - business Classification Notice Obtain corporate seal Opening a bank account Company registering with the Tax Administration Registering with the Croatian Pension Insurance Institute (HZMO) Registering with the Croatian Health Insurance Fund (HZZO) Decision on meeting minimum technical requirements.
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