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Minister Expects 3,000 New Businesses To Open

One month has passed since a new law, allowing Croatians to open a limited liability company in Croatia with just 10 kuna capital (1.30 euros) instead of 20,000 kuna (2,600 euros), and the Minister for Entrepreneurship and Trade is happy with interest levels to date.

“So far we have had more than 300 open. There is a trend that is showing that there is interest and I am sure that in a year, there will be about 3,000 of these companies open,” said Maras.

The Minister also stressed that removing the large costs involved in setting up a limited liability company in Croatia, down to around 800 kuna (110 euros) from nearly close to 3,000 euros, is just the first step in the governments plans towards removing complicated administration involved with business in Croatia.

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