Encouraging investment in tourism in Croatia
In Croatia, the promotion of investment in tourism is regulated by the Law on Tourism and the Decree on Promotion of Investment, with the aim of improving the tourism sector through various measures and support. These measures aim to ensure the sustainable development of tourism, improve competitiveness and innovation, and reduce negative effects on the environment.
Investment promotion objectives
The main objectives of encouraging investment in tourism include:
Balanced development
Ensure year-round and regionally balanced development of tourism, including special forms of tourism and improvement of international connectivity.
Sustainable development
Promote socially and environmentally sustainable tourism, reducing negative impacts on the environment and climate.
Competitiveness and innovation
Develop competitive and innovative tourism, through strengthening human potential and digital transformation.
Resistance to external influences
Increase the resilience of tourism activities to external challenges, such as economic crises or natural disasters.
Types of grants and awarding instruments
Subsidies are granted to legal and natural persons who perform activities in tourism, such as accommodation, food preparation, travel agencies and sports activities. Key types of grants include:
Reduced rate of profit tax
Incentives for investments in projects that contribute to the sustainable development of tourism.
Financial support
The maximum annual amount of state support can be up to EUR 7,000,000, and beneficiaries must provide a minimum of 25% of eligible investment costs from their own sources or external financing.
Support for environmental protection
It includes support for the procurement of clean, zero-emission vessels, thus promoting environmentally friendly tourism.
Trends and the future
Within the framework of the National Sustainable Tourism Development Plan until 2027. emphasizes the importance of involving local communities in decision-making processes, which is crucial for sustainability and quality of life. It is also planned to develop a data collection system for better management of tourism and improvement of security systems in order to preserve Croatia's position as a safe tourist destination.
Considering all of the above, encouraging investment in tourism in Croatia is an important step towards strengthening the sector, ensuring sustainable development and increasing competitiveness on the international market.
