Original scientific paper
Foundations as Beneficiaries of Freedom of Establishment and Free Movement of Capital in European Union and Croatian Law
Kristijan Poljanec
orcid.org/0000-0002-4912-1335
; Faculty of Economics & Business, University of Zagreb, Zagreb, Croatia
Abstract
The paper analyses the legal treatment of foundations as beneficiaries of the freedom of establishment and free movement of capital in European Union and Croatian law. There are barriers to cross-border activity of foundations in Member States’ laws. Barriers arise out of heterogeneity of national laws, the concepts and purpose of foundations. The paper analyses primary and secondary law in the area of market freedoms. Under certain conditions foundations can be subject to competition law. Provisions of the Croatian Act on Foundations and related laws are analysed. The paper indicates possible shortcomings of the domestic legislative solutions, which seem to be disputable under rules on market freedoms.
Keywords
foundation; freedom of establishment; free movement of capital; European Union; Act on Foundations
Hrčak ID:
164775
URI
Publication date:
29.7.2016.
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