Opening a bank account in Croatia

Croatia is one of the most popular countries for immigration of individuals and business relocation. However, in order to live comfortably in this country and conduct business activities, it is necessary to open a Croatian bank account. Opening a bank account for individuals may be required in connection with issuing a work visa, citizenship or residence permit, real estate purchase, payment for education, etc. For legal entities planning to open a branch office in Croatia, an account is needed to accept payments within the country and conduct business in other countries. The Lawtter Solutions law firm offers its clients appropriate services. Our specialists will ensure the fastest and most convenient bank account opening in Croatia.

The cost
of the service

1 100 EUR*

Term for opening
a bank account

1-3 months

Support

Multilingual

Account
opening type

Remotely

* The cost is indicative; contact Lawtter Solutions’ lawyers to inquire about the cost of opening an account with the selected bank.

Opening an account

Basic information about opening a bank account in Croatia

All banking organizations in Croatia are regulated by the Croatian National Bank – Hrvatska Narodna Banka. This regulator is responsible for issuing licenses and monitoring financial institutions’ compliance.

A non-resident can open an account in Croatia. A non-resident has the right to open various types of accounts, including current, savings, investment, and settlement accounts. Individuals can obtain a bank card and make payments in euros or Croatian kuna.

Legal entities can open multi-currency accounts and conduct transactions in different currencies. It is possible to open an account remotely in Croatia. You can submit documents and undergo verification online. When registering an account for a legal entity, depositing a minimum amount of funds is necessary. For example, the minimum contribution for the Croatian equivalent of an LLC will be 2,850 euros. In the future, you can spend this money at your discretion.

Advantages of opening an account in Croatia

Opening up a bank account in Croatia allows individuals and companies to gain important advantages. For example:

Funds protection

Croatia provides a high degree of security for client accounts with a well-developed system of protection and insurance.

Low fees

Commissions and fees vary from bank to bank, but in general, they are favorable for customers.

Lending is available to non-residents

One can open an account in a Croatian bank to obtain a loan and develop a business in Croatia.

Ability to conduct business activities within the EU

Croatia is a member of the EU, so companies can conduct business activities and receive payments from any other country that is a member of the European Union.

Technological sophistication

Croatian banks are technologically advanced. They make it convenient to check the balance, track expenses, and make investments. Support service can also be contacted quickly.

Documents

How to open a bank account in Croatia?

In order to open a Croatian bank account, it is necessary to submit a package of documents. This can be done while abroad.

For individuals, the list of documents will be as follows:

ID card – passport, ID card, any other document.
Residential address information.
Taxpayer Identification Number.
Confirmation of origin of funds.
Resume (CV).

As for legal entities, the package of documents will be as follows:

Constituent documents of a legal entity.
IDs of directors, shareholders.
Information about the residential address of the director and shareholders.
ID card, residence address information, power of attorney of the manager if they are submitting the documents.
Confirmation of origin of funds.
Contracts with partners.

Stages of opening an account

Lawtter Solutions and its services

Lawtter Solutions offers clients the opportunity to open a bank account in Croatia. We open accounts in leading Croatian banks that cooperate with non-residents. For example:

Zagrebačka banka;
Privredna banka Zagreb;
Erste&Steiermärkische Bank;
Raiffeisenbank Austria;
OTP Banka.

Our company’s lawyers provide turnkey services and will ensure that the account is opened despite local specifics and complexities. Lawtter Solutions works according to an algorithm that includes 5 steps:

Consultation, selection of a bank, and a list of necessary services

Preparing a package of documents

Submittal

Passing verification

Obtaining all necessary documents, details, and access to the account

Lawtter Solutions offers account openings in Croatia in the shortest possible time, with all necessary services.