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Investment Opportunities in Tourism Sector and Support for Investors

This document highlights the investment opportunities in the tourism sector and the support offered to investors by the Agency for Investments and Competitiveness. It provides information on the investment portfolio, investment incentives, and the attractive legal framework in Croatia. The document also mentions specific investment opportunities in real estate projects and state-owned companies in the tourism sector.

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Investment Opportunities in Tourism Sector and Support for Investors

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  1. “Opportunities in Tourism Sector and Support for Investors” Agency for Investments and Competitiveness London, October, 2013

  2. AGENCY FOR INVESTMENTS AND COMPETITIVENESS Enhancement of the investment environment Offering active support to investors AIK Removal of administrative barriers Promotion of RoC as an investment destination

  3. AGENCY FOR INVESTMENTS AND COMPETITIVENESS SERVICES FOR INVESTORS WHAT WE CAN DO FOR INVESTORS

  4. AGENCY FOR INVESTMENTS AND COMPETITIVENESS INVESTMENT PORTFOLIO 86 INVESTMENT PROJECTS 6.854,5 MILLION € 9.923 NEW WORKPLACES

  5. WORKING GROUP FOR BUSINESS CLIMATE AND PRIVATE INVESTMENTS Agency for Investments and Competitiveness - main operational body • 2013 – 2014 75/148 BUSINESS CLIMATE 120 adopted activities for improvement of business climate • 2012 - 2013 81/144 INVESTMENTS Croatia - the most successful country in the region • 22 private projects: € 1,24 billion and 2,900 new work places • 9 successfully resolved • (€ 450 million; 1,600 new workplaces) $ 1.25billionof FDI $ 633 millionof FDI $ 352 millionof FDI $ 135 millionof FDI

  6. ATTRACTIVE LEGAL FRAMEWORK In Parlament Procedure Law on Investment Promotion Law on Strategic Investment Projects Legislation on construction and physical planning • € 150.000 minimum investment • 0% - 10% profit tax rate • €3,000 – €18,000 cash grants per employee • up to € 1.0 million for capital expenses • up to € 0.5 million for R&D • quicker investment implementation • less procedures and licences needed • each step of the investment process listed • exact deadlines for each step of the investment process • e- permits issued within 30 days • construction permit valid for 3 years – time to start construction • 3% discrepancy between main design and actual building will be allowed • Full on-line information on zoning, cadastre and ownership rights

  7. INVESTMENT INCENTIVES Investmentexpansion project amounting to € 50 mill. and employing 501 people CROATIA CZECH R. POLAND SLOVAKIA SLOVENIA SERBIA

  8. INVESTMENT OPPORTUNITIES IN TOURISM Real Estate Projects State Owned Companies Project Pineta Project Kupari Imperial Plc. Hoteli Makarska Plc. Hoteli Maestral Plc.

  9. INVESTMENT OPPORTUNITIES

  10. THANK YOU! We are standing at your disposal for any additional questions: www.aik-invest.hr

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