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Author: ja4my

Vaic Law Office > Articles posted by ja4my

Creditors with the right of separation in bankruptcy proceedings

We aim to lead in each practice and area of law we work in. Coming from in-depth understanding of the law and the industry, capitalizing on extensive experience, we provide hands-on advice that speaks the language of our client’s business. Whether in aviation, sales and distribution, antitrust, corporate and M&A, finance, employment, energy, IP, litigation, TMT, real estate, or any other area of law, our clients can expect excellence and commitment to their objectives. Ensuring the operational functioning of the organisation, the development of external relations, management of press relations and constant communication with the press....

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Stay and work of third-country nationals in the Republic of Croatia

We aim to lead in each practice and area of law we work in. Coming from in-depth understanding of the law and the industry, capitalizing on extensive experience, we provide hands-on advice that speaks the language of our client’s business. Whether in aviation, sales and distribution, antitrust, corporate and M&A, finance, employment, energy, IP, litigation, TMT, real estate, or any other area of law, our clients can expect excellence and commitment to their objectives. Ensuring the operational functioning of the organisation, the development of external relations, management of press relations and constant communication with the press....

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Stay and Work of Foreigners in Croatia

Temporary Stay of Foreigners in Croatia Foreigners who wish to stay in Croatia for more than 3 months or work in Croatia must regulate their stay in the country. Reasons for which a temporary stay may be granted: Family reunification Education (secondary level) and studies Scientific research Humanitarian reasons Employment Work of a transferred worker The application for a temporary residence and work permit can be submitted by the employer to the police authority or police station at the foreigner’s future place of residence. The temporary stay permit is issued for a period of up to 1 year. The application for an extension of the temporary residence permit must be submitted...

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Foreign Workers in the Republic of Croatia

Regarding the legal regulations for foreign workers in Croatia, there are several categories of foreigners. 1. EU Citizens and Their Family Members This group also includes citizens of European Economic Area (EEA) countries as well as citizens of the Principality of Liechtenstein, the Kingdom of Norway, Iceland, and Switzerland, along with their family members. These individuals can work and provide services in Croatia without the need for a residence or work permit or registration, in accordance with the fundamental principles of freedom of services and free movement. If EEA citizens temporarily stay in Croatia for work (from 3 months up to a year),...

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Dissolution of an Inheritance Community

After a probate procedure, heirs generally become co-owners of a property, which may be a piece of land, a house, or an apartment. For an individual heir to use their inheritance, rent, sell, or mortgage the property independently and without the consent of the others, they must be the owner of the entire property. The co-owners can therefore try to amicably divide the property into parcels or the house into floors or apartments, so that each co-owner's share in the property forms a complete unit. However, if the amicable division does not occur, the co-owners can initiate an uncontested procedure to dissolve...

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Exit of a Shareholder from the LLC

When a shareholder exits, their involvement in the company and all related rights and obligations end. Generally, the exit is associated with a valid reason for leaving, but a shareholder can also leave the company by selling their shares, provided there are no restrictions. The Croatian Companies Act (HGG) provides two types of exit from the LLC. One type is already included in the company's Articles of Association. The second type allows a shareholder to request an exit through a lawsuit if the legal conditions are met. Lawsuit for Exit from the LLC If the Articles of Association do not provide an exit option, any...

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Financial Affairs of Spouses in Croatia: Regulations under Family Law

In the Republic of Croatia, family law governs the financial affairs of spouses. Here is an overview of marital and personal property, as well as the significance of prenuptial agreements: Marital Property:Marital property includes assets acquired through work during the marriage, as well as wealth derived from them. Spouses are co-owners in equal shares, unless agreed otherwise. Gambling winnings and financial benefits from copyrights and related rights also fall under marital property. Personal Property:A spouse's personal property consists of assets owned before the marriage or acquired during the marriage but not through work, gambling, or financial benefits from copyrights. Inherited assets or...

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