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Can the UBO use its yacht?
Yes, with a charter contract in place at a slightly discounted rate.
Will the owning company be liable for income tax on income generated in Croatia?
No, unless it has a permanent establishment in Croatia.
Will the owning company be subject to withholding tax?
No, not as of now.
Is the Owning Company responsible for paying input VAT to the Croatian government?
Yes, both the owning company and the VAT representative are responsible for collecting the VAT from the end user, filing returns and paying VAT to the tax agency.