News
The period of dual display of prices in Croatia is about to come!
Summary
Are you ready for a dual display of prices?
As September 5 is approaching and the period of dual displaying of prices is coming closer and closer, all the retailers should be already prepared to fulfill this obligation.
Content
Having that in mind here are key facts that every retailer has to know:
- Obligation to dually display prices applies exclusively to direct relations with consumers;
- The retail sector plays a key role in collecting and withdrawing kuna banknotes and coins;
- Prices must be displayed both in kuna and euro;
- Dual displaying does not include trade agreements between business entities (B2B);
- Dual displaying of prices is mandatory for all forms of sale;
- Fixed conversion rate (FCR) must be stated at all times;
- It is mandatory to dually display the total amount on receipts with stating the FCR;
- Until January 1, 2023, the euro will not be accepted as official currency, meaning that you will be able to accept payment in euro but only as a foreign currency;
- This period will last until December 31, 2023, meaning that it will not end once the euro becomes the official currency in Croatia;
- XML scheme will not change;
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