The effects of fiscal policy on small and medium businesses in the Republic of Croatia

Ovaj rad bavi se analizom utjecaja fiskalne politike na rast malog i srednjeg poduzetništva u Europskoj Uniji i Republici Hrvatskoj. Cilj ovog rada je utvrditi kako fiskalna politika utječe na razvoj malog i srednjeg poduzetništva u RH. Analizirano je stanje MSP sektora u Republici Hrvatskoj i četiri EU države koje su 2015. godine imale najveći rast dodane vrijednosti MSP sektora. Analizirane su i fiskalne politike tih zemalja te njihov utjecaj na MSP sektor. Istraživanje se provelo prikupljanjem i analizom sekundarnih izvora podataka. Definirane su fiskalne politike koje bi mogle ubrzati razvoj malog i srednjeg poduzetništva. Te politike uključuju smanjenje poreza na dobit da bi se povećale strane investicije, smanjenje poreza na dohodak i reforma sustava socijalnih transfera da bi se povećala osobna potrošnja, povećanja državne potrošnje usmjereno ka građevinskom sektoru da bi se ubrzao njegov oporavak, te ulaganje u obrazovanje i R&D da se poveća produktivnost.This paper deals with the analysis of the impact of fiscal policy on the growth of small and medium-sized enterprises in the European Union and the Republic of Croatia. The aim of this paper is to determine how fiscal policy affects the development of small and medium entrepreneurship in the Republic of Croatia. The state of MSP sector in the Republic of Croatia and 4 EU countries which had the greatest value added growth of SME sector in 2015., have been analyzed, The fiscal policies and their impact on the SME sector of these countries have also been analyzed. The research was carried out by collecting and analyzing secondary data sources. Fiscal policies have been defined, that could accelerate the development of small and medium entrepreneurship. These policies include reducing capital tax to increase foreign investment, reduce income tax, and reforming social transfer systems to boost personal spending, raising government spending directeded at the construction sector to speed up its recovery and investing in education and R & D to increase productivity