April 23, 2019

ON-LINE ESTABLISHMENT OF LIMITED LIABILITY COMPANY AND SIMPLE LIMITED LIABILITY COMPANY

On April 20, 2019, new amendments of the Companies Act and the Court Registry Act foreseeing the possibility of on-line establishment of a Limited Liability Company (d.o.o.) and a Simple Limited Liability Company (j.d.o.o.) came into force. E-Establishment will be linked to the START system of the Ministry of Economy, Entrepreneurship and Crafts and will be available to citizens for use from 1 September 2019.

The amendments also lowered the amount of equity capital that needs to be paid before the founding of d.o.o. to 5.000,00 HRK; increased the maximum number of members establishing the j.d.o.o. from three to five; abolished the obligation to state business activity in the establishing act allowing a cheaper and faster “updating” of the activities the company is engaged in; abolished the obligation to deposit the signature; established electronic communication with the court register (notaries, lawyers, Croatian Chamber of Economy); abolished the name reservation provisions; and shortened the deadline in which the court must issue a decision on registration in the court register from 15 days to five working days if the application is complete and accurate.

More at https://pravosudje.gov.hr/vijesti/osnivanje-drustva-s-ogranicenom-odgovornoscu-i-jednostavnog-drustva-s-ogranicenom-odgovornoscu-na-daljinu-21229/21229