On 2 November 2023 the Act on Amendments to the Companies Act entered into force and introduced amendments on cross-border transformations, mergers and divisions. The amendments were introduced with the aim of increasing mobility of companies in the European Union and achieving freedom of establishment, and to improve functioning of the EU internal market for companies.
The amendments to the Companies Act came into effect on 2 November 2023, except for certain provisions that will come into effect on 1 January 2024. The amendments harmonize the Croatian legislation with European legislation, in particular the Commission Implementing Regulation (EU) 2018/12 laying down minimum requirements implementing the provisions of Directive 2007/36/EC as regards shareholder identification, the transmission of information and the facilitation of the exercise of shareholders rights. As a result, they primarily impact joint-stock companies. Special attention is given to provisions regulating the consequences for membership and positions in the company's bodies for individuals who have been convicted of money laundering, financing terrorism, or individuals with outstanding debts related to taxes, contributions, and net wages to employees
At the UHY Business Breakfast held at AC Hotel Split, Mislav Bradvica, a partner at WAHL, delivered an insightful lecture on the intricacies of selling a business (M&A anatomy).
At the Regional Legal Business Forum in Zlatibor, Serbia, Ivan Luetić moderated a panel on "Legal Aspects of Cross-Border Business in the ex-YU Region," featuring insights from top legal and financial experts.
Gabriele Wahl Cesarec was at the forefront of WAHL’s participation as the host firm for the DIRO Autumn Conference in Dubrovnik, which took place from October 25 to October 28, 2023. The event was a remarkable experience, bringing together legal professionals from across Europe.
