Taulia is now part of SAP.
Payment Terms Legislation In Croatia
Croatia
Please see below for a summary of payment terms in Croatia and the various industries across which payment term legislation appears. You can also download a summary of all Croatian payment terms by clicking the button below.
Please click here to view payment terms for the European Union.
Please click here to view payment terms for the European Union.
| Industries | Laws | Codes | Notes | Interest Rate |
|---|---|---|---|---|
| Government | ||||
| Comm_terms_law | ||||
| Construction | ||||
| Manufacturing | ||||
| Retail_agriculture | ||||
| Services |
LAWS
The Act on Financial Operations and Pre-Bankruptcy Settlement enacts the EU Late Payment Directive (see European Union for details). Additionally negotiated terms above 60 days are strictly limited to 360 days provided that the debtor issues a security instrument with the legal effect of an enforceable title to the creditor. Fines may be issued by the local tax authority for late payment.
- Construction
- Manufacturing
- Retail_agriculture
NOTES
See European Union for the Directive on Unfair Trading Practices in the Food Supply Chain which was adopted on 30 April 2019.
- Retail_agriculture
Ready to liberate your cash?
Discover the source of value in your supply chain
Contact our sales team