Abbreviations and acronyms

AIK

Agency for investments and Competitiveness

ASIP

Act on Strategic Investment Projects

BERD

Funding and tax support of business enterprise R&D expenditure

CEE

Central and Eastern Europe

CES

Croatian Employment Service

CICE

Competitiveness and Employment Tax Credit

CIT

Corporate Income Tax

CRM

Customer relationship management system

EC

European Commission

EDO

Economic Development Organisation

EIZ

Institute of Economics Zagreb

ESIF

European Structural and Investment Funds

ETR

Effective Tax Rates

EU

European Union

EU28

European Union consisting of 28 Member States (including United Kingdom)

EUR

Euro

FDI

Foreign Direct Investment

FINA

Financial Agency of Croatia

FiT

Feed-in-Tariffs

GBER

General Block Exemption Regulation

GDP

Gross domestic product

GloBE

Global Anti-Base Erosion

HAMAG-BICRO

Croatian Agency for Small and Medium-Sized Enterprises, Innovations and Investments

HBOR

Croatian Bank for Reconstruction and Development

HIPA

Hungarian Investment Promotion Agency

HRK

Croatian Kuna

HROTE

Croatian Energy Market Operator

ICT

Information and Communications Technology

IPA

Investment Promotion Agency

IT

Information Technology

KPI

Key Performance Indicator

OECD ITID

OECD Investment Tax Incentives Database

LLDs

Least developed districts

M&E

Monitoring and evaluation

MESD

Ministry of Economy and Sustainable Development

MNE

Multinational Enterprises

MRDEUF

Ministry of Regional Development and EU Funds

MSMEs

Micro-, Small and Medium-sized Enterprises

NACE

European Classification of Economic Activities

NCC

National Competitiveness Council

NFIA

Netherlands Foreign Investment Agency

NIC

National Innovation Council

NPOO

Croatia’s National Programme of Recovery and Resilience

OG

Official Gazette

PIT

Personal Income Tax

R&D

Research and development

RVO

Netherlands Enterprise Agency

SBIE

Substance-based income exclusion

SDG

Sustainable Development Goals

SME

Small and medium-sized enterprise

SSC

Social security contributions

USD

U.S. dollar

VAT

Value-added tax

VET

Vocational education and training