Taxpayers in Croatia are exempt from paying VAT on all imports until 20 September 2020. This includes foreign companies registered for VAT in Croatia. Through this, importers can alternatively declare only the respective VAT liability instead of the fixed import VAT.
This is intended to improve taxpayers’ cash flow in response to the Covid-19 pandemic. Originally, this measure was to last until 20 June 2020, but has now been extended for a further three months.
The EU Directive 2018/822 (DAC6) was also recently revised and has resulted in a postponement of the reporting deadlines. The new deadlines are:
- Agreements implemented between June 25, 2018, and June 30, 2020, are now postponed from August 31, 2020, to February 28, 2021.
- The 30-day period for reporting on agreements in the period July 1 – December 31, 2020, begins on January 1, 2021.
- The first periodic reporting on marketable agreements is due on April 30, 2021.
BREAKING NEWS: VAT regulations
Due to the ongoing pandemic situation worldwide, the VAT rate in Croatia on basic foodstuffs has been adjusted. The rate was reduced from 25% to 13%.
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Muzaffer Havcarci
INPOSIA e-invoicing Specialist