What General Counsel Need to Know About Doing Business in Croatia - Interview: Jasmina Jasaragic, Zupic & Partners - European Corporate Counsel Summit
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What General Counsel Need to Know About Doing Business in Croatia - Interview: Jasmina Jasaragic, Zupic & Partners - European Corporate Counsel Summit

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For more information: emailus@marcusevans.com ...

For more information: emailus@marcusevans.com

Jasmina Jasaragic who is Attorney-at-Law with Zupic & Partners and a legal firm at the marcus evans European Corporate Counsel Summit 2013 recommends on doing business in Croatia.

Join the 2014 Summits along with leading in-house counsel and specialist international law firms and legal services providers in an intimate environment for a focused discussion of key new drivers shaping corporate legal strategies today.
For more information: emailus@marcusevans.com

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  • 1. Interview with: Jasmina Jasaragic, Attorney-at-Law, Zupic & Partners Many companies may be looking at business opportunities in Croatia since it joined the European Union (EU) on 1 July, but Croatia has some laws that General Counsel of foreign companies are not aware of but should plan for, according to Jasmina Jasaragic, Attorney-at-Law, Zupic & Partners. Companies that will be investing in the country must seek legal advice before tax issues arise, she recommends. Zupic & Partners is a law firm at the marcus evans European Corporate Counsel Summit 2013, in Lisbon, Portugal, 17 - 19 November. What should foreign investors know about Croatia? I would suggest that companies that are planning to invest or establish themselves in Croatia seek the advice of legal firms that are based in the country. It might be too late to resolve certain problems once they arise. They need to be aware of their tax obligations. Essentially, the Croatian legal system is stable and in many fields is based on the continental legal system, but there are still some specific to Croatia, like in every other EU country. Could you give an example of such a law? Some specifics: environment protection by initiating investment in Croatia is very important and strictly ruled, labour law which is still conservative, and the details of the legal frame of laws. To give you examples, shops need to put up a sign for the protection of customer rights that includes details of how customers can make a claim. Shops that do not have such a sign could get penalised. This is just one example of an obligation that foreigners fail to meet in Croatia. What do General Counsel in Europe need to know about tax obligations in Croatia? They need to be aware of the rates, corporate tax and VAT. Potential investors should know about different other financial impositions. Specific for Croatia are also deductions at source on which basis is financed pension and health insurance. What employment laws should they be aware of? It is not easy to terminate a worker’s contract in Croatia. If the company takes the wrong step in its attempt to terminate a contract without consulting lawyers, the worker may have the right to initiate a procedure before the court and request to return to his/her work place. Croatian labour law regulates employment contracts for a definite time period as the exception of the rule. It might be too late to resolve certain problems once they arise What General Counsel Need to Know About Doing Business in Croatia
  • 2. The Legal Network - marcus evans Summits group delivers peer-to-peer information on strategic matters, professional t r e n d s a n d b r e a k t h r o u g h innovations. Please note that the Summit is a closed business event and the number of participants strictly limited. About the European Corporate Counsel Summit 2013 This unique forum will take place at the Grande Real Villa Itália Hotel & Spa, Cascais, Lisbon, Portugal, 17 - 19 November 2013. Offering much more than any conference, exhibition or trade show, this exclusive meeting will bring together esteemed industry thought leaders and solution providers to a highly focused and interactive networking event. The Summit includes presentations on budget control and cost management, data privacy, knowledge management and reputational risk. www.eccsummit.com Contact Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus evans, Summits Division Tel: + 357 22 849 313 Email: press@marcusevanscy.com For more information please send an email to info@marcusevanscy.com All rights reserved. The above content may be republished or reproduced. Kindly inform us by sending an email to press@marcusevanscy.com About Zupic & Partners The Law firm Župić & partners was established in 2003 and it is the result of the continuous work of providing legal services since 1993 until today, through different forms of attorneys affiliation. The main mission of our company is to provide high-quality and effective legal service which meets the needs and interests of our clients. The Law firm Župić & partners has the seat in Croatian capital Zagreb and has the Branch office in city of Zadar. www.zupicipartneri.hr About marcus evans Summits marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to individually tailor their schedules of keynote presentations, case studies, roundtables and one-to-one business meetings. For more information, please visit: www.marcusevans.com Upcoming Events Chief Litigation Officer Summit (North America) - www.chieflitigationofficersummit.com IP Law European Summit - www.iplawsummiteurope.com To view the web version of this interview, please click here: www.eccsummit.com/JasminaJasaragic