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llc Tag

Law firm Vaić & Dvorničić Ltd. > Posts tagged "llc"
11 August
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Exclusion of a member from a Limited Liability Company (LLC)

Posted by Admin
in Commercial law, Contract law

The Companies Act prescribes the ways in which membership in a limited liability company (d.o.o., LLC) can be terminated. According to the law, membership may cease in the following ways: 1. Death of a natural person member 2. Dissolution of a legal entity member 3. Transfer or sale of a business share 4. Withdrawal (redemption of the business share – e.g., exclusion due to non-payment of share contribution – forfeiture) 5. Exclusion of a member for other reasons 6. Voluntary withdrawal of a member from the company 7. Dissolution of the company. A member of a limited liability company may be excluded if there is an important reason,...

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11 July
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Withdrawal of a member from a Limited liability company (LLC)

Posted by Admin
in Commercial law, Contract law

According to the Croatian Companies Act, membership in an LLC terminates in the following ways: 1. upon the death of a natural person member, 2. upon the dissolution of a legal entity member, 3. by transfer or assignment of the ownership interest, 4. by redemption (amortization of the ownership interest) or expulsion due to non-payment of the contribution (forfeiture), 5. by expulsion of a member for other reasons, 6. by voluntary withdrawal of a member, 7. upon the dissolution of the company. One of the possible ways for membership in an LLC to cease is through the voluntary withdrawal of a member. A member may withdraw...

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25 August
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A limited liability company (d.o.o.)

Posted by Vaic
in Commercial law

Limited liability company is the most common form of company in the Republic of Croatia. It is defined by Article 385 of the Law on companies as a company in which one or more legal or natural persons contribute to the pre-agreed share capital. The minimum amount of the share capital of a limited liability company is 2,500.00 EUR. Establishing a limited liability company makes sense for several reasons. One of them is certainly tax. Thus, the d.o.o. that generated revenue up to 995,421.06 EUR pays the tax at the rate of 10%, while the d.o.o. that generated revenue above 995,421.06 EUR...

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14 June
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Tax benefits of corporate income taxation in the Republic of Croatia

Posted by Vaic
in Commercial law, Tax law

A company is, by definition, a business entity that independently and permanently performs economic activity in order to make a profit by producing, trading goods or providing services on the market. The most common form of company that appears in Croatian practice is a limited liability company, and the minimum share capital required for the establishment of this company is 2.500,00 EUR. Frequently asked questions when founding a limited liability company mostly focus on the amount of the tax rate at which profits are taxed, and the amount of the tax rate that is applied to the payment of profits paid to...

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