New deadlines for filing tax returns and annual financial statements for the year 2019

9.4.2020.

Effective as of April 9, 2020 are new Regulations which define deadlines for filing tax returns and annual financial statements for 2019 during the Covid-19 situation:

Corporate Profit Tax Return

  • The deadline for filing Corporate Profit Tax (CPT) Return for 2019 and all other tax forms and calculations which are filed along with the CPT Return is 30 June 2020. For those taxpayers who have different business year from the calendar year deadlines for filing CPT Return remains the same.
  • The deadline for payment of CPT liability for 2019 based on submitted 2019 CPT Return is 31 July 2020.

Annual Financial Statements

  • The deadline for filing annual financial statements for statistical purposes is 30 June 2020.
  • The deadline for filing annual financial statements for public announcement is 31 August 2020. For those entrepreneurs who have a different business year from the calendar year, deadline for filing of annual financial statements is 8 months from the business year-end.
  • The deadline for filing consolidated financial statements along with related audit reports for public announcement is until 31 October 2020. For those entrepreneurs who have a different business year from the calendar year, deadline for filing consolidated financial statements is 10 months from business year-end.
  • The deadline for reporting obligation for consolidation of the financial statements to the Register for Annual Financial Statements is 30 June 2020.
  • Branch offices of foreign companies from other EU Member States can file annual financial statements for public announcement in line with the deadlines prescribed in these EU Member States applicable during the special Covid-19 circumstances, if these deadlines are longer than the deadlines prescribed in Croatia.
  • June 30, 2020 is the deadline for filing Statements on non-performing business activities for entrepreneurs who during the business year did not perform any business activities nor have recorded any assets or liabilities in their accounting records.

Crowe Croatia services to our clients remain ongoing, and we will continue to inform regarding further developments.