Croatia has introduced amendments related to the Crypto-Asset Reporting Framework (CARF) and the automatic exchange of financial account information (AEOI). The updated provisions were published in the Croatian Official Gazette on December 3 as Law No. 2167 and will take effect on December 11.
The legislation introduces several key changes:
- It expands the legal scope to incorporate EU directives and regulations connected to VAT fraud prevention.
- It sets out reporting obligations for crypto-asset service providers, including requirements to collect, report, and retain information on users and their transactions.
- It clarifies the registration rules for crypto-asset entities, including conditions for cross-border activities and exemptions when equivalent information is reported in another EU jurisdiction.
- It establishes a unified reporting form for multinational enterprise groups and large domestic groups with annual consolidated revenue of at least 750 million euros to submit supplementary tax information.
- It provides that crypto-asset entities must complete registration by June 30, 2027, for reporting obligations beginning January 1, 2026.
These updates introduce clearer reporting structures for both crypto-asset operators and large enterprise groups.
Source: narodne-novine.nn.hr