The 11th edition of The Legal Industry Reviews Croatia is out, featuring insights from BDV experts:
Warranty and Indemnity Insurance in Croatian M&A: From Novelty to Market Standard – Laurenz W. Vuchetich, Partner & Nina Dalipi, Senior Associate (M&A)
Laurenz and Nina trace how W&I insurance has gone from a rarity to a standard tool in Croatian deals, now that underwriters routinely accept Croatian law and Croatian forums. They look at the three trends shaping the market: the move into mid-market and auction processes, more interventionist underwriting, and Croatia-specific exclusions. They also cover the drafting points under the Obligations Act that decide whether a nominal seller cap actually holds.
Croatia’s Investment Account: A Tax-Free Wrapper, With Strings Attached – Vladimir A. Batarelo, Partner (TAX)
Vladimir examines the Government’s draft Act on the Croatian Investment Account, which would let individuals save long-term in financial instruments without being taxed. He explains how the account works, its tax treatment, and the rules on domestic allocation and concentration. He also covers the open questions: whether the account fits with EU free movement of capital, how withdrawals from a non-compliant account would be taxed, how existing holdings could be transferred in, and the operational burden this puts on intermediaries.
Read the full articles here: The Legal Industry Reviews | Edition 11
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