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Sole Proprietorship

Sole Proprietorship

As a practical matter, most one-person business start out as sole proprietorship just to keep things simple. There's almost no cost or bureaucratic red tape required to form a sole proprietorship, other than getting a business licence, applying for WAT number, and following the local and state regulations that any business must face. Unfortunately, although a sole proprietorship is legally very simple, it can also be a risky way to operate-the sole proprietor is 100% personally liable for all business debts and legal claims. And the taxing authorities require all off you –no metter what you cal your business, to follow the same rules.

 If you are starting as a solo in business in Croatia, we can go by your side and help you to understand business rules and tax fundamentals. We will provide for you  apropriate methods of bookkeeping and will create Tax reports , and reports for other purposes.

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