This is an event that aims to present potential investments in IT and telecommunications sector, encourage the implementation of new ICT products and services, ICT exports and innovation in the year 2012.  The event is organized by Infoarena Group and will be held on 8th December 2011 at The Regent Esplanade hotel in Zagreb. Presenters will introduce the planned amount of investment, amount of investment per employee and revenue, the percentage of investment in ICT in…

Salespod - Croatian company for mobile business solutions was unanimously declared the best among 32 technology companies in the category "Sales Operations" at Under the Radar conference which was held in California's Silicon Valley. Salespod was the only invited firm this year based outside the U.S. „After the presentation, by unanimous decision of the judges and audience, we were declared the winners in the category „Sales Operations“. Given the fact that the audience was made from over…

Forbes brings a list of the world’s 7 most powerful entrepreneurs at this moment. 1. Bill Gates, Cochair, Bill & Melinda Gates Foundation Before Bill Gates was a philanthropist, before he was CEO of a big software company, he was an ambitious, nerdy, young founder. As much as anyone, he invented the software startup. 2.and 3.  Larry Page, CEO, Google and Sergey Brin, Cofounder, Google Luck is a component in all startups, but probably less with…

Exhibitors at the Info restart agree - attendance was not great and it had some small problems, but Croatia needs this type of show and that is why they hope it will be organized next year. Senko Rašić, Dobar Kod For the first show with the new model I think that Info restart more or less succeeded, I made a lot of business contacts and potential deals, which is most important for this event. There were a…

Croatian subsidiary of the Association for Project Management PMI held on 10 November in Zagreb the fifth conference for project managers with the theme "Project Management - examples from practice." After reporting on the work of all Croatian branches and announcement of the intention to establish a new one in Varaždin, Croatian edition of the basic "textbook" of this association was presented - A Guide to the Project Management Body of Knowledge (PMBOK Guide). Introductory motivational lecture…

Startup Master Class is a workshop on basics of starting and running a technology startup, which was launched because of an increasing interest of local audiences for the information in this area. The first in a planned series of these workshops will be held on Saturday, 26 November 2011, on the premises of the Croatian Chamber of Economy in Zagreb, Business Center Almeria, Heinzelova 69 (entrance B, II. Floor), from 9:00 to 18:00. Price of the workshop…

Seedcamp is one of the investment funds which are keen to finance your new business based on innovation and new tehcnologies. Seedcamp finances business in their early stage of development. It is a sort of business angels network. Besides having initial financial push for your business, you can receive mentoring from over 1200 mentors from experts in seed investment, product experts, HR, PR, marketers, lawyers, press, etc. For getting into the Seedcamp’s network and getting the financial…

Seedcamp is one of the investment funds which are keen to finance your new business based on innovation and new tehcnologies. Seedcamp finances business in their early stage of development. It is a sort of business angels network. Besides having initial financial push for your business, you can receive mentoring from over 1200 mentors from experts in seed investment, product experts, HR, PR, marketers, lawyers, press, etc. For getting into the Seedcamp’s network and getting the financial…

The main speaker at the fifth PMI Forum held today in Zagreb was very temperamental Peter de Jager, lecturer, writer and consultant in the field of change management in all kinds of organizations. De Jager gave answers to the difficult question of how to treat employees who have a bad attitude, i.e. that do not like to work or do not like their jobs, that hardly cope with the changes, that do not agree with the way…

Stefan Glaenzer is not a typical investor, which is probably the reason why the readers and editors of Techcrunch voted him the best angel investor on the continent. Glaenzer is best known as the first investor in leading music social network Last.fm, while in the region he is known today for his support of the first local groupon web site Kolektiva.hr and leading Serbian auction service Limundo. Glaenzer does not give the impression of a typical business…

Hamburger Recycling Ens, company from Zabok engaged in recycling of non-metallic waste and scrap, has succeeded in increasing its operating income for more than ten times in the past three years. However, other figures of this fastest growing company in northwestern Croatia are equally impressive: the value of exports increased last year to 29 million from 2,7 million in 2008. Revenue of company from Križevci S.C. consulting and services, second-best gazelle in northwestern Croatia, has increased five…

Split project Spotie saw its world premiere this week at the TechCrunch Disrupt event held in Beijing. This is an event that brings together venture capital funds, business angels, entrepreneurs, company founders and developers and representatives of local and international media, which is intended , among other things, to overcome the differences between Silicon Valley and China. Spotie is a geolocation service similar to Foursquare. As stated in Spotie's statement, the project was introduced in China by…

According to the contest "Gazelle" by Business.hr, trading company "Fibis plus" from Zaprešić is with a growth rate of 277% the fastest growing company among small and medium sized enterprises in central Croatia. Second place, with a growth rate of 259%, went to the company "Applied Ceramics" from Sisak with the main office in America. These firms are engaged in producing materials and components for the microchip industry, and are 100% exporters. Third place went to the…

Collaboration between software exporter CISEx and business angels CRANE continues with offer of investments to CISEx members. Interested members of CISEx will be offered a possibility of a preparatory meeting that will precede the presentation of the project to CRANE, in order to assist them advice and experience. Mentors who will offer assistance are experienced entrepreneurs who have experience with developing business plans and models to find investments like venture capital funds, pre-accession funds, BICRO, seed investment,…

Startup Week was marked by presentations of the top 50 startups from 35 countries, of which only 10 got the opportunity to present their project in front of the most influential investors in the panel, which was held on 7 October. Full Startup Week lasted from 3 to 7 October in Vienna, with over 1000 participants with the support of Netokracija and Netocratica. While the start of the event was marked by the startup competition, from the…

We had an interview with Luka Bakrač, the founder of Bagheera Ltd., company that produces medicine equipment All his sports and economic knowledge and attributes Luka Bakrač used when started his business. He points out that the sports spirit, the desire to win and perseverance are goog base for successful business start. Luke Bakrač spoke to us about his vision of an entrepreneurial climate in Croatia and answered many interesting questions. See the video interview here!

Amalgam Ltd. is a company engaged in the production of games. Filip Fučić is one of the founders who started this company as a students What are the important characteristics of entrepreneurs, the importance of a business plan for start up and what was the connection of poker and Entrepreneurship listen at this interesting video interview. Find it here!

Listen to a conversation with Mr. Goran Mirkovic, the general manager of the company AVL-AST Ltd In a short video interview, Goran Mirkovic shared with us what does his company do and how was it started. He shared the experience of starting a business, said that at the beginning he did not think about whether they will succeed or not, but tried to surround himself with the highest quality and motivated people who have determined the success…

We talked to Srebrenka Ursic, Systemcom's CEO, the company that manufactures electronic chips and that works successfully on the global marketplace Ms. Ursić looked back at the beginning of her business, communication and cooperation with her partner in the establishment of the company and the way business exists in a very challenging time of recession and the crisis of the global economy. Listen to a lot of interesting tips in a video interview that was held for…

A few days ago, on 5 October, one of the greatest innovators and entrepreneurs in history, Steve Jobs, passed away. His death represents a great loss for humanity, because this man has, throughout his life, constantly upgraded the way things around us work. When Steve Jobs took the stage during one of his rare and eagerly waited public appearances, as he did in early June 2011 in order to present iCloud, Apple's new online data storage system,…

Read five tips for successful start of your own business! Richard Branson, founder of the Virgin Group, talked to entrepreneur.com and discovered what is needed to successfully launch your business! No. 1: Enjoy What You Are Doing. Because starting a business is a huge amount of hard work, requiring a great deal of time, you had better enjoy it. When I started Virgin from a basement flat in West London, I did not set out to build…

Read five tips for successful start of your own business! Richard Branson, founder of the Virgin Group, talked to entrepreneur.com and discovered what is needed to successfully launch your business! No. 1: Enjoy What You Are Doing. Because starting a business is a huge amount of hard work, requiring a great deal of time, you had better enjoy it. When I started Virgin from a basement flat in West London, I did not set out to build…

Bruto dobit poduzetnika obveznika poreza na dobit, bez banaka, osiguravajućih društava i ostalih financijskih institucija, u prvom kvartalu ove godine iznosila je 9,9 milijardi kuna, pokazuju podaci Financijske agencije (Fina).U odnosu na 1,3 milijarde kuna u prvom kvartalu 2010. godine, bruto dobit je povećana za 8,6 milijardi kuna, ili čak 643,1 posto. Hrvatski su poduzetnici u prva tri mjeseca 2011. ostvarili 138 milijardi kuna ukupnog prihoda i 128,1 milijardu kuna ukupnih rashoda pa je bruto dobit (višak…

U sklopu TEMPUS FoSentHE poduzetničkog dana, 28. lipnja 2011. na Ekonomskom fakultetu u Zagrebu je održana promocija knjige Fostering Education in Entrepreneurship (ISBN 978-83-62662-54-8) urednika prof. dr. sc. Marine Dabić (Ekonomski fakultet, Sveučilišta u Zagrebu) i prof. dr. sc. Macieja Pietrzykowskog (Poznan University of Economics, Poljska). Knjiga Fostering Education in Entrepreneurship je rezultat projekta TEMPUS FoSentHE, te je financirana od strane Europske komisije. Bavi se problematikom obrazovanja studenata za poduzetničke aktivnosti dok njen sadržaj obuhvaća aspekte koji…

On 28 June, 2011, under the auspices of the Croatian President, at the Faculty of Economics and Business in Zagreb was held Tempus FoSentHe entrepreneurial dayMarina Dabic, PhD, professor at the Faculty of Economics and Business presented the project Tempus FoSentHe. The main objective of this project is to encourage students' entrepreneurial activities, to improve business education and practice and at the same time ensure the continuous interaction and mutual promotion. The project is being implemented through…

In the sixth edition of the Business Journal that is monthly published by the Croatian Employers Association (CEA), woman entrepreneur Martina Bračić, owner of Torte i to patisserie-cafe chain and franchisegave, gave short interview. In interview she talks about her success, the entrepreneurial life, accountability and administrative procedures and obstacles encountered. "There are some beautiful things when you own your business like personal freedom and life without a boss. Also it is nice to see and hear…

Jadranka Boban Pejic, the general director of BIOVEGA, was declared as an european woman entrepreneur of the year, by the European Bank for Reconstruction and Development. The award was granted under annual event "Women in Business" which was held this year in Kazakhstan. EBRD is organizing this international panel over the past nine years where leading female entrepreneurs of Europe are given awards for outstanding achievements in business during last year. Biovega is a company engaged in…

Porezi koje je dužan plaćati obrtnik su sljedeći: 1. Državni porezi: 1.1. Porez na dodanu vrijednost – PDV (stopa: 0, 10, 23%) 1.2. Porez na dobit: samo ako ostvaruje dohodak od obrta i s obrtom izjednačenih djelatnosti: - ako je u prethodnom poreznom razdoblju ostvario ukupni primitak veći od 2.000.000,00 kuna, ili - ako je u prethodnom poreznom razdoblju ostvario dohodak veći od 400.000,00 kuna, ili - ako ima dugotrajnu imovinu u vrijednosti većoj od 2.000.000,00 kuna,…

On Wednesday, 26 May 2011. the Business and Innovation Agency of the Republic of Croatian (BICRO), University of Zagreb and the City of Zagreb signed contracts. Signed contracts established BICRO BIOCENTER Ltd. as a company that will manage the incubation center for bioscience and technology commercialization (BioCenter). The location of this center will be located within the campus Borongaj, campus of University of Zagreb. It is the first center of its kind in Croatia, and investments worth…

FINA publicly announced the financial results of businesses of Croatian entrepreneurs in 2010 and most successful companies, and for the third consecutive year, awarded the Golden Balance. Golden Balance is the reward that is given to the most successful firms in an industry according to the total ranking obtained on the basis of ranking of the 11 financial indicators in five categories - the ranking of the indicators of profitability, liquidity, leverage, activity and cost. The overall…

Basic financial indicators of entrepreneurial businesses in 2010 are far worse than in 2009. Specifically, total revenue decreased by of businesses 2.0%, and total expenditures by 1.5% (first indication of poor business results). At the same time there was growth in profit after tax by 13.8%, but also significantly greater growth of loss after tax by 33.6%. The result is the first negative consolidated financial results since 2000. the result of this is primarily movement of domestic…

Loan program for beginner entrepreneurs is carried out by HBOR (Croatian Bank For Reconstruction And Development). These loans are intended for Croatian citizens that try to establish a craft or a private limited company for the first time. The greatest benefit that is realized here is the realization of state aid. State aid in this case is the difference between market interest rates on commercial loans and 4% interest rate prescribed for loans aimed at entrepreneurs beginners.…

At a meeting of EU leaders in Brussels, on 24 June, a declaration that commends Croatia for "intensive efforts that have contributed that the negotiations enter their final phase." was adopted. President of the European Council, Herman van Rompuy conveyed the news that Croatia will become the 28th member state of the European union, commending the efforts of the Croatian government and people. With this act Croatia was given the support for completion of negotiations by the…

Crowdfunding or group financing, in a broader sense represents a collective cooperation and trust of a network of people with the intention of raising money for a particular purpose. An individual makes a small amount for which he usually does not want anything in return, and sum of individual roles makes a big total amount of money. The most common form of such financing are donations for charitable projects. In the narrow sense that interests us here,…

On Tuesday, 28 June 2011, at the Faculty of Economics and Business in Zagreb, Trg J. F. Kennedyja 14, from 14 to 16 p.m., under auspices of the president of the Republic of Croatia, Ivo Josipović, Tempus FoSentHE entrepreneurial day will be held. The purpose of Tempus FoSentHe entrepreneurial day is to introduce the business sector and the academic community to the project, to demonstrate the Virtual entrepreneurial center of Tempus FoSentHe and hold a panel discussion…

Matija Marijan and Berislav Marszalek are this year's winners of the Business Plan Contest, organized by the eSTUDENT association! As a reward, they were given the possibility to cooperate with CRANE and were given the amount of HRK 200 000 from CRANE so that they would realize their business plan. and In addition to this award, Entrio team won the second prize for the best written business plan. What do they think about the entrepreneurial climate in…

On Wednesday, 25.05. the finals of this year's Business Plan Contest and the five teams presented their ideas and present the jury followed the jury announced the winning teams. Investment Fund in the amount of 200,000 kuna went to ENTRIO team, two young students Matija Marijan and Berislav Marszalek. Special cash prizes for the best written plans have won:1st prize of 10,000 kuna Mrkva.hr team (Ivan Todorovski, Ivan Livić)2nd award of 3,000 kuna team ENTRIO (Matija Marijan,…

Venture capital is a form of financing through private equity. This means that the shares of public companies can not be bought and sold but are financed by individual stakes VC funds (according to Croatian legislation, they are called open-end venture capital funds with a private offering). VC is by nature very similar to the financing with the help of business angels, and they fall together under the same category of funding - private equity. The difference…

In this article we shall look into financing of your business enterprise through a loan. Once you estimated that your business idea has a good foundation for success, the acquisition of capital follows. One way of funding are loans. A loan is such type of debtor-creditor relationship in which, in this case, the commercial bank (lender), gives you (the debtor) a certain amount of money (principal) which you are obliged to return over time (repayment period) and…

On 9 March 2011, the third lecture of this year's Business Plan Contest was held by Hrvoje Prpić, founder of HGspot, initiator of the first 3D shopping mall Trillenium and one of the founders of CRANE (Croatian Angels Network), the first business angels network in Croatia. An interesting conclusion that 70% of world money is in the hands of only 10% of the population was the preliminary thought of Hrvoje Prpić at his lecture at the Faculty…

Mislav Ante Omazić, PhD, and Domgoj Hruška, PhD, have given a motivational lecture at the Business Plan Contest on 3 March 2011. One of the pioneers of eSTUDENT association, lecturers at the Department of Organization and Management at the Faculty of Economics and Business in Zagreb, shared their knowledge and gave a few motivational words to this year's contenders in Business Plan Contest. In the introductory speech to students, they stress that they are trying to prepare…

Ministarstvo gospodarstva, rada i poduzetništva odobrilo je operativni plan za poticanje malog i srednjeg poduzetništva, vrijedan 407,9 milijuna kuna. Operativni plan sastoji se od devet poticajnih područja: - konkurentnost i inovacije (80,2 milijuna kuna)- poduzetnička infrastruktura (54,6 milijuna kuna)- povoljno financiranje uz subvencije kamata (41,5 milijuna kuna)- obrazovanje za poduzetništvo (5 milijuna kuna)- obrtništvo i obrtni registar (18,4 milijuna kuna)- sufinanciranje projekata financiranih iz sredstava EU (45,3 milijuna kuna)- poticanje međunarodne konkurentnosti i internacionalizacija (32,3 milijuna kuna)-…

iVIZIJA d.o.o. is a young company sprung as a start-up a of a good idea, little equity, a lot of risk-taking and hard work in times of recession, with the final result a stable company that stands behind the already recognizable brand in the market of a small exclusive hotel Villa Magdalena in Krapina springs as a unique wellness and gourmet oasis of peace. Idea Croatia is one of the most beautiful, if not the most beautiful…

You have a good idea, you have a strong will, you have made a reasonable plan, but - you do not have the money. Here your ideas come to a real test. If you do not have enough of your own money to run a business, you will have to have a very good plan that describes how to put your idea into action. The quality of your ideas and plan depends on whether you want to…

Taxes that companies are required to pay: 1. State taxes 1.1. Value Added Tax - VAT (Rate: 0, 10, 23%) 1.2. Income tax (rate: 20%) 1.3. A special tax on wages, pensions and other incomes (incomes that a legal person makes on the basis of dividends and profit shares) at a rate of 2% if the payer during one month paid out more than HRK 3.000,00 and up to HRK 6,000  on the same basis (not paid…

Intelektualno vlasništvo svaki je produkt rada ljudskog intelekta. Dijeli se na autorska prava i industrijsko vlasništvo. 1. Autorska prava dijele se na autorska prava i srodna prava. Odnose se na autorska djela, originalne intelektualne tvorevine iz književnoga, znanstvenog i umjetničkog područja koje imaju individualni karakter, bez obzira na način i oblik izražavanja, vrstu, vrijednost ili namjenu. 1.2. Autorsko pravo je pravo autora na njihovim djelima iz književnoga, znanstvenog i umjetničkog područja. Autorsko pravo traje za života autora…

U prvih devet mjeseci 2010. najveću su bruto dobit ostvarili veliki poduzetnici tj. 7,7 mlrd kuna. Srednjim je poduzetnicima dobit pala za čak 58,9%, a malim poduzetnicima za 35% Rezultati poslovanja hrvatskih poduzetnika u prvih devet mjeseci 2010., pokazuju da su sve tri kategorije poduzetnika prema veličini - mali, srednje veliki i veliki - poslovale relativno dobro, jer su ostvarili bruto dobit odnosno višak prihoda nad rashodima, podaci su Financijske agencije (FINA). Ukupna bruto dobit  poduzetnika u…

Politika kamatnih stopa biti će glavna tema najavljenog sastanka premijerke Jadranke Kosor i čelnika banaka u Hrvatskoj. Premijerka Jadranka Kosor najavila je sastanak sa čelnicima svih banaka u Hrvatskoj na kojem će pokušati potaknuti bankare na odgovornije preuzimanje uloge u izlasku gospodarstva iz krize. Kao jedni od najvažnijih subjekata u gospodarskom životu, banke su dužne preuzeti veći dio tereta nego što je do sada bio slučaj, smatra premijerka. Glavna zamisao jest aktivnije sudjelovanje banaka u provedbi modela…

U samo mjesec dana broj nezaposlenih narastao je za 15 000, odnosno za 4% te se popeo na brojku od 334 000 U izvješću za mjesec siječanj, Hrvatski zavod za zapošljavanje iznio je podatke o nezaposlenosti. Evidentirano je čak 334 000 nezaposlenih. Ipak, u izvješću se navodi kako čak jedna trećina nezaposlenih nisu pravi tražitelji posla. Neki ga uopće ne traže, drugi poslovne ponude odbijaju, a treći rade, ali na području sive ekonomije. Za nas studente zabrinjavajuća…

Business Plan Contest is a competition in writing business plans which is held at the Faculty of Economics and Business in Zagreb 6th year in a row. The main goal of this project is to give students an opportunity and incentive to develop and form their business idea into an elaborate and professional business plan. BPC promotes entrepreneurship, general corporate culture and encourages young and educated people to stay in Croatia. We organize series of educational workshops…

Who are business angels? Business angels are successful entrepreneurs and successful leaders of companies / corporations who fund start-up projects of higher risk in a way that they have a part of the ownership and assist in the further development and commercialization of the project. These are informal individual investors who advise young companies and entrepreneurs with their business experience and help their future growth, provide know-how and investment in entrepreneurial projects that are considered to be…

e-Tax is set of services intended for taxpayers that allow the execution of tax liabilities through the Internet.  This way, Tax administration is offering all its services without unnecessary waste of time and any administrative or other costs. Tax Administration under the e-Tax provides the following services to taxpayers:1. ePKK insight in tax-bookkeeping card2. ePDV submitting form for value-added tax3. ePDV-K submission of the final calculation of value added tax4. eID submission of ID form5. ePD submission…

The Tax Administration is the administrative organization within the Ministry of Finance whose basic task is to implement tax regulations and regulations concerning the payment of obligatory contributions. All residents are obliged to participate in the settlement of public expenses in accordance with their economic abilities. The tax system is based on the principles of equality and equity. The Tax Administration performs administrative and other professional duties relating to the following:•    Receiving tax returns, entering tax liabilities…

Amalgam d.o.o. is a young company with a healthy financial structure, the circle of partners, a bright future and it began as a student initiative. Initiative "Get away from those games and start doing something serious, " for years has been the advice benevolent environment gave to Ivan Kokić, a talented inventor of games that is engaged in this hobby since childhood. This view is mistaken for several reasons. First, the good intentions are not a guarantee…

Read the shortpapers, find out some interesting information, check for all the possible business solutions... Read and learn from more experienced entrepreneurs! You have always been dreaming of being your own boss and now you want to start the business. However, you have lack of confidence and you are wondering is it worth it and will it work?  Read this shortpaper and then decide what to do... You think that you have great business idea? Have a…

The following are some of the key journals in the field of entrepreneurship education: 1. Journal of Business Venturing 2. The Journal of Small Business Management  3.Small Business Economics4. Entrepreneurship and Regional Development 5. Entrepreneurship: Theory and Practice Academy of Entrepreneurship Journal 6. Asian Journal of Business and Entrepreneurship7. Creativity and Innovation Management8. Business Journal for Entrepreneurs Quarterly 9. Economic Analysis: A Journal of Enterprise and Participation 10. Economics of Innovation and New Technology11. Enterprise and Innovation…

Poslovni plan baza je poduzetničkog pothvata. Kako bi poduzetnička ideja bila kvalitetno pretočena u realnost, poslovni plan mora biti izrađen detaljno i realno. Postoji nekoliko načina pisanja poslovnog plana, a mi vam donosimo jednostavnu šprancu pomoću koje možete napisati vaš poslovni plan. 1. PODACI O PODUZETNIKU 1.1 opći podaci: upis u registar, podskupina djelatnosti za d.o.o. i matični broj, početak rada, razvojni put i bitni trenuci u razvoju i ako se traži preslike gore navedenog 1.2. podaci…

There are many interesting books connected to entrepreneurship. We emphasized only one small part of them. Try to read as much as you can, that is the best way to learn a lot of important skills and become successful entrepreneur! List of books is written below: At Work with Thomas Edison by Blain McCormick Blink by Malcolm Gladwell Building Thousands of Links to Your Site by Ryan Allis Disclosing New Worlds: Entrepreneurship, Democratic Action, and the Cultivation…

The Faculty of Economics and Business is an educational Institution in the field of economics and business, by far the oldest and largest in Croatia and in the region. Courses, research, projects, institutional partnerships and memberships of the Faculty reflect their institutional values and strategic priorities: internationalization and full dedication to excellence and continuous improvement on an individual and institutional base. According to the demands of the global marketplace, the Faculty offers high-quality education to students and…

Since we wanted to provide you all the relevant information about entrepreneurship, we started e-learning platform called Moodle. At this interesting and interactive web site you can learn all the basic skills connected to entrepreneurship, leadership, strategies and decisions, business plan, implementation and growth;� take quizzes and tests, watch video clips... Get to the Moodle using following link.

Who are business angels? Business angels are successful entrepreneurs and successful leaders of companies / corporations who fund start-up projects of higher risk in a way that they have a part of the ownership and assist in the further development and commercialization of the project. These are informal individual investors who advise young companies and entrepreneurs with their business experience and help their future growth, provide know-how and investment in entrepreneurial projects that are considered to be…

Possible ways of financing small businesses in the Republic of CroatiaSources of financing available to SMEs in the Republic of Croatia include:1. own funds,2. bank loans granted by commercial banks or HBOR3. subsidized loans and grants from the ministry, other government agencies and local governments,4. leasing and factoring,5. guarantees by HAMAG,6. programs and funds of EU,7. venture funds and private equity funds,8. business angels and9. issuance of securities Statistics show that about 80% of all small and…

Starting up the sole proprietorship can be described in just a few chronological steps. There is no equitiy capital, the whole proces costs about 800 kn, and it takes about  15 days to start the business. The place where you found your sole proprietorship is Competent state administration office in your county (or in the City of Zagreb). Your costs are Administrational tax (270 kn) and the costs of Sole proprietorship permit (in Croatian Obrtnica, 500 kn).…

Establishment of a company can be explained in detail through several steps. From the very beginning, that is the naming of the company, there is an established procedure which will be explained in the following paragraphs. At the very beginning we give you some important information that you need to know before founding the company. When you are setting up a limited company you need a minimum capital of 20 000 HRK (Croatian kunas). Foundation costs will…

The adoption of the Small Business Development Promotion Act (NN 29/02; 63/07) established definition and criteria for distinguishing between subjects of small and medium enterprises in the Republic of Croatia with regard to size. According to the law, which is compliant with European legislation, they distinguish micro, small and medium-sized economic entities. Micro small economic entities are legal and physical persons that annually have less than 10 employees employed, generate total annual turnover of up to 14…

HAMAG (Croatian Agency for SMEs) It is the key institution in the development and encouragement of small and medium-sized enterprises in Croatia. It was established by the Decision of the Croatian Government, regulated by the Law on Incentives to Small Business and is one of the key developers of the Program for small business development. Established as a nonprofit entity whose obligations are guaranteed by the Republic of Croatia. Activities of HAMAG are to encourage the establishment…

Small and medium enterprises (SME) in Croatia, like everywhere in the world, are the key driving force of development, creators of new jobs, of innovations, exporters and major employers with a large share in GDP and in creating added value. They are important for wider social community, cultural and historical heritage and represent a specific country in a globalized environment. However, in its business operations and existence they are faced with difficulties arising from their size and…

First step in founding the firm, either private limited company or sole proprietorship, is specifying its name. At Court Register web site or at Hitro.hr counter you can check if there is a company or craft with the same or similar name as yours. You should always have several alternations of names in case that some of them are already existing. Also, it is important to know that for the name Croatia or any of  its derivates…

In this article we will make short analysis of mentioned legal forms. In Croatia, young entrepreneurs usually doubt between private limited company and sole proprietorship, so we will compare these two types of firms. If you decided to start private limited company, you should be aware of few important facts. Advantage is that, if the work doesn't go the way you had planned, you can lose only the amount of money invested in company, not your personal…

Under this topic we will try to explain basic terms you should know if want to start your own business. Our task is to give you answers to several questions: what is company, what is sole proprietorship, what are their advantages and disadvantages, which of these forms to choose... When starting your own business it is really important to correctly decide which form of firm to start. Usually the biggest dilemma is – (private limited) company or…