Croatia shows improvement in business climate according to Doing Business Report 2015

According to the newest report of the World Bank „Doing Buisness 2015“, Croatia is ranked at 65th place out of 189 world countries, an improvement from the last year when it was ranked 67.

Croatia marks the biggest improvement in the category of dealing with construction permits that has been made easier by reducing the requirements and fees for building permits and carrying out the final building inspection more promptly.

Other positive changes have been done in the field of starting a business that was made much easier by reducing notary fees, and trading across borders where a new electronic customs system has been introduced.

Croatia got the best score in the category of paying taxes (36th place), followed by enforcing contracts (54th place) and resolving insolvency (54th place).

Doing Business sheds light on how easy or difficult it is for a local entrepreneur to open and run a small to medium-size business when complying with relevant regulations. It measures and tracks changes in regulations affecting 11 areas in the life cycle of a business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency and labor market regulation.