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.
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.