Business risks

Australian companies are advised to spend time investigating the market, obtain professional advice where appropriate and thoroughly investigate the issues in entering the market and before establishing business relationships.

Australian firms wishing to operate in this country should commit to the highest level of corporate behaviour and familiarise themselves with Australia's laws and penalties pertaining to bribery of foreign officials.

Bribery of foreign public officials is a crime. Australian individuals and companies can be prosecuted in Australia for bribing foreign officials when overseas. Further information on the regulations governing bribery of foreign public officials is available.

For further information on frauds, scams, personal and asset security, intellectual property protection and other business risks please read more about legal issues.

Intellectual property protection

Croatia is a member of the World Intellectual Property Organization (WIPO).

The Croatian Parliament has enacted acts in the field of intellectual property, including copyright and similar rights, trademarks, patents, industrial design, denotations of geographic origin and others, harmonising the domestic legal rules with European and international standards.

From 1 July 2013 the Community Trademark System (CTM) and Community Design (CD) have been applicable within the territory of the Republic of Croatia. From that date a new intellectual property right was also introduced – an Unregistered Community Design. This right is acquired without a formal registration procedure, through the public disclosure within the European Union, and refers to the prohibition of abuse by the reproduction of protected designs.

The official body for the registration of intellectual rights is the State Office for Intellectual Property.

Precaution is always the best remedy. As part of a market entry strategy Australian companies should do an IP audit and be acquainted with how best to protect their IP rights. For more information visit the IP Australia European Union page.