engleski

Legal relations between Limited Liability Company and its Members upon recent normative interventions in Croatian Company Law

Company law in Croatia is governed primarily by the Companies Act, a statute largely modelled on German legislation. Over the past decade, substantial changes in the Companies Act and its provisions governing membership obligations in a limited liability company have been done, mainly to better reflect developments in German and European company Law. In this paper authors provide a comprehensive overview of the rules applicable to the fundamental membership obligations assumed under company agreement, paying special attention to the most important changes introduced by the new legislative amendments. Importance of the examination of this regime is highlighted due to Croatia’s accession to the EU and the expected strengthening of the entrepreneurial activities within SME sector in Croatia.

Croatian Companies Act ; limited liability company ; membership obligations ; contribution to the company ; business shares ; additional obligations ; simple limited liability company

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