OECD Investment Policy Reviews: Croatia 2019

Annex B.  Measures reported for transparency by Croatia

A. Measures reported for transparency at the level of national government

I. Measures based on public order and essential security considerations

a. Investment by established foreign-controlled enterprises

Land and Other Real Estate: Unless otherwise provided by law, a foreign person may not be the owner of a property located in an area which, in order to protect the interests and safety of the Republic of Croatia, is legally declared a territory in which foreign persons may not have the right of ownership. These conditions do not apply to nationals and legal entities from EU member states, except in the case of agricultural land and protected parts of nature determined by special law.

Authority: Property and other Real Rights Act O.G. No. 81/2015 (consolidated text) of 22 July 2015, Art. 358-358a.

b. Corporate organisation

None.

c. Government purchasing

None.

d. Official aids and subsidies

None.

II. Other measures reported for transparency

a. Investment by established foreign-controlled enterprises

None.

b. Corporate organisation

Auditing services: The majority of the members of the management board of an audit firm needs to be licensed auditors in Croatia or another EU Member State. When the management board has no more than two members, at least one member must be licensed auditors in Croatia or another EU Member State. At least one member of the management board shall be fluent in the Croatian language.

Authority: Audit Act, OG 127/17 – Art. 17.

Banking: At least one member of the management board of a credit institution must be fluent in speaking and writing Croatian.

Authority: Credit Institutions Act, OG 159/2013, as amended – Art. 36.

c. Government purchasing

None.

d. Official aids and subsidies

None.

B. Measures reported for transparency at the level of territorial subdivisions

None.

C. Activities covered by public, private, mixed monopolies or concessions

At the level of national government

I. Public monopolies

• Electricity transmission and distribution system

• Natural gas transport system

II. Mixed monopolies

• Oil pipelines

III. Concessions

• Mining research and exploitation and related secondary activities (i.e. exploration and exploitation of hydrocarbons and geothermal energy)

• Exploitation of maritime area

• Ports

At the level of territorial subdivisions

I. Public monopolies

• Water distribution

• Wastewater treatment and sewage

II. Private monopolies

None.

III. Concessions

• Natural gas distribution and heating distribution

• Wastewater treatment in the City of Zagreb (allowed by way of derogation of public monopoly provisions as per the Water Law, OG 153/2009 as amended – Art. 171).