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Miroslav Radman
Miroslav Radman (2006), World's leading scientific magazine Nature published a new discovery by academician Miroslav Radman and his associates. It relates to a mechanism of DNA repair in Deinococcus radiodurans bacteria. The discovery is interesting because of many potential areas of application, as the process could be used for, among others, developing new drugs.

Establishing a branch and representative office

ESTABLISHING A BRANCH OFFICE

A branch office is not a legal entity, but takes over, in the execution of its activities, the rights and obligations for the account of its foreign founder. The branch office executes its activity under the company of the founder, who should also have the headquarters in Croatia.

The branch office is set up:

  • by a special decision brought by the craftsman/the owner of the company in accordance with the statement about the establishment of the company, or
  • by a special decision brought by a relevant body of the company in accordance with the statement about the establishment of the company, public contract or company statute.

The statement about the establishment of the branch office shall be notarised by a notary public and it should contain:

  • company and headquarters of the founder and the headquarters of the branch office,
  • business subject of the founder and the branch office activity,
  • the amount of the founding capital and the amount of the shares paid, if the founder is a limited liability or a joint stock company,
  • names of the company members personally liable for the obligations of a company or a craft, if the founder is a public limited or limited partnership company.
  • name, or names and the residence of the persons with the branch office authorized to represent the founder in business activities.

The branch office is registered in the Court registry in accordance with the address of the branch office headquarters. For the registration of the branch office it is necessary to submit, apart from the application, the following documents in the original language and the notarised translation into Croatian:

  • registry excerpt containing information on the founder, the legal form and the time of the establishing of the foreign company (whose branch office is being established in Croatia),
  • decision of the founder on establishing the branch office,
  • certified transcript of the statement about the establishment of the company in accordance with the rules of the country the founder has registered headquarters in (public contract or company statute),
  • certified short version of the financial report for the founder's previous business year.

ESTABLISHING A REPRESENTATIVE OFFICE

A representative office is not a legal entity and its purpose is limited to the activities concerning market research and the representation of the founder. Representative office carries its activities under the founder's company. Any foreign party executing an economy activity or a national or international economy association may open a representative office in Croatia. The representative office is registered in the Foreign Party Representative Registry in Croatia (with the Ministry of Economy, Labour and Entrepreneurship). A representative office may start its activities only after the registration.

The application for the entry, submitted by a foreign party or their authorized representative, shall contain:

  • company name, headquarters and business activity of the founder,
  • headquarters of the representative office in Croatia,
  • basic data concerning the party responsible for the representative office activity (name, surname, Social Registration Number -JMBG for Croatian citizens and, for foreign citizens, passport number and the country that issued it).

Apart from the application, the following documentation shall be submitted as well:

  • decision of the founder concerning the establishment of a representative office,
  • document on the registration of the foreign citizen in the Registry of the country of origin or any other valid document on establishment under the regulations of the country where the founder's headquarters is (the legal form and the time of the establishing of the foreign company should be clear from the document)
  • description of the representative office activities,
  • decision on the appointment of the person responsible for the representative office activities (executive),
  • evidence on paid administration tax.

The documents shall be submitted in the original language and in the certified translation into Croatian. The Ministry of Economy, Labour and Entrepreneurship shall register the representative office in the corresponding Register within 30 days of application and documentation submission.