Fiscal subject related
Content
As of March 1, 2023, just 1,046 businesses had signed up for the Code of Ethics, of which 172,438 are active in addition to being registered, with 27,579 of those businesses falling under the trade sector. This represents 3.79 percent of corporations that are registered for trade, or 0.6% of active enterprises. Access to the Code became available on August 16, 2022; by mid-September, 889 companies had already submitted applications; however, only 157 more did so after that. This leads to the conclusion that the businesses did not see the adoption of the Code of Ethics as beneficial to their operations.
By adhering to the Code of Ethics, an organization is promising to uphold its seven guiding principles, which include the pledge to refrain from unjustified price increases, to inform employees about the specifics of the euro's introduction, to fairly inform customers about the event through advertisements and promotions, and to correctly recalculate prices. After the launch of the euro in January, certain products saw significant price increases, which prompted the State Inspection to reach a settlement with business owners and fully disregard the Code of Ethics.
Up until December 31, 2023, all prices in Croatian retail must be displayed dually, both in euros and in kuna. To do this, the price in euros must be multiplied by a fixed conversion rate of 7.53450, and the corresponding amount in kuna must then be rounded up to two decimal places using mathematical rounding rules. By the end of the year, the Code of Ethics will be updated, although it is highly doubtful that businesses will find it useful for their operations.
You can find the mentioned Code of Ethics here.
Other news from Croatia
New document was uploaded: Digital Product Passport
Do you even know what DPP is? Digital Product Passports (DPP) are set to play a crucial role in the European Union’s commitment to a circular economy. The purpose of this document is to provide you with a necessary overview of the upcoming Digital Product Passport requirements set to be implemented by the European Union. Read more
New document was uploaded: S4F backoffice patch
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Please make sure to install all available patches sequentially (without skipping). For each patch it is specified for which countries it is released for and with this information and with information from release notes user should prioritize the installation of the patch if S4F Backoffice is used in specified countries. Even though the patch may be prioritized for specified countries please make sure to install all patches sequentially, including the previous ones (if any) even if they are not related to used countries. This package contains instruction, release notes, changelog and software packages required for deployment of this software component. Read more
New document was uploaded: S4F backoffice installer
S4F backoffice installer is intended for users who are installing the software for the first time. Please make sure to obtain latest version of installer and to apply all subsequent patches that are released subsequently. This package contains instruction, release notes, changelog and software packages required for deployment of this software component. This version of the Backoffice installer supports the following countries: Austria, Bulgaria, Croatia, France, Italy, Poland, Portugal, Romania, Slovakia and Slovenia. Read more
New document was uploaded: S4F backoffice patch
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Please make sure to install all available patches sequentially (without skipping). For each patch it is specified for which countries it is released for and with this information and with information from release notes user should prioritize the installation of the patch if S4F Backoffice is used in specified countries. Even though the patch may be prioritized for specified countries please make sure to install all patches sequentially, including the previous ones (if any) even if they are not related to used countries. This package contains instruction, release notes, changelog and software packages required for deployment of this software component. Please note that this patch contains changes for following country: Croatia. Read more
Cash Maximum and Tip Handling in Croatian Cash Registers
The cash maximum is a critical aspect of financial regulation, designed to minimize the risks associated with holding large amounts of cash on premises. Businesses are required to adhere to a set cash maximum limit and deposit any excess into a bank account within a stipulated timeframe. According to the ZFPG (Fiscalization in Cash Transactions Act), tips are treated distinctly from regular sales... Read more
New document was uploaded: S4F backoffice patch
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Please make sure to install all available patches sequentially (without skipping). For each patch it is specified for which countries it is released for and with this information and with information from release notes user should prioritize the installation of the patch if S4F Backoffice is used in specified countries. Even though the patch may be prioritized for specified countries please make sure to install all patches sequentially, including the previous ones (if any) even if they are not related to used countries. This package contains instruction, release notes, changelog and software packages required for deployment of this software component. Please note that this patch contains changes for following country: France Read more
New education was created: Educational videos for Croatia
This series of instructional videos provides an insight into the Croatian fiscalization system. Both the legal and technical aspects of the Croatian fiscalization system are presented, and divided into appropriate topics. Read more