jurisdiction
1. Is notarisation required and are fees payable? | No, however it is highly recommended and standard practice. |
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2. Do the following securities / deeds require to be registered in the Local Property Register and what fees are payable? | Generally, yes. |
2.1 Pledge over shares in a limited liability company | If notarised yes, registration fees are payable – HRK 250 (approx. EUR 33) + VAT (25%). |
2.2 Pledge over stocks in a joint-stock company | Yes, with the Central Depository and Clearing Company – no registration fees are payable. |
2.3 Pledge over (bank) accounts | If notarised yes, registration fees are payable – HRK 250 (approx. EUR 33) + VAT (25%). |
2.4 Security assignment of receivables / Pledge over receivables | If notarised yes, registration fees are payable – HRK 250 (approx. EUR 33) + VAT (25%). |
2.5 Pledge over Movable property | If notarised yes, registration fees are payable – HRK 250 (approx. EUR 33) + VAT (25%). |
2.6 Mortgage / land charge | Yes. If notarised no registration fees have to be paid. If not notarised registration fees are payable – HRK 250 (approx. EUR 33) |
2.7. Guarantee / surety / letter of comfort | No. |
2.8. Subordination of claims | No. |
2.9. Debenture | Automatic registration by the notary public, no extra registration fees other than notarisation fees are payable. |
3. Do the following securities / deeds require to be registered at the local Registrar of Companies and what fees are payable? | |
3.1 Pledge over shares in a limited liability company | No. Registration has to be made with the FINA Registry (if notarised) and in the company’s respective share register. |
3.2 Pledge over stocks in a joint-stock company | No. Registration has to be made with the Central Depository and Clearing Company and in the company’s respective stock register. |
3.3 Pledge over (bank) accounts | No. Registration has to be made with the FINA Registry (if notarised). |
3.4 Security assignment of receivables / Pledge over receivables | No. Registration has to be made with the FINA Registry (if notarised). |
3.5 Pledge over Movable property | No. Registration has to be made with the FINA Registry (if notarised). |
3.6 Mortgage / land charge | No. Registration has to be made with the Land Registry. |
3.7 Guarantee / surety / letter of comfort | No. |
3.8 Subordination of claims | No. |
3.9 Debenture | No. Automatically registered with the Debenture Registry by the notary public. |
Please note that while the information on this page was current and accurate as at 18/11/16, it may no longer be current or accurate and so you must speak to your local CMS Banking contact if you require confirmation of any of the costs or fee levels as at today’s date!
