The minimum monthly wage in Croatia is 544 USD. Croatia has a government debt of 18.8% of the country's Gross Domestic Product (GDP), as assessed in 2012. With regard to consumer prices, the inflation rate in Croatia is 2.2%. The currency of Croatia is Croatian kuna. The plural form of the word Croatian kuna is kunas. The symbol used for this currency is kn, and it is abbreviated as HRK. The Croatian kuna is divided into lipa; there are 100 in one kuna. Each year, consumers spend around $35,889 million. The ratio of consumer spending to GDP in Croatia is 0.06%, and the ratio of consumer spending to the world consumer market is 10.35%. The corporate tax in Croatia is set at 20%. Personal income tax ranges from 12% to 40%, depending on your specific situation and income level. VAT in Croatia is 25%.

Gross Domestic Product
The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in Croatia is $88,733 billion. The Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) per capita in Croatia was last recorded at $21,305,552. PPP in Croatia is considered to be very good when compared to other countries. Very good PPP indicates that citizens in this country find it easy to purchase local goods. Local goods can include food, shleter, clothing, health care, personal care, essential furnishings, transportation and communication, laundry, and various types of insurance. Countries with very good PPP are safe locations for investments. The total Gross Domestic Product (GDP) in Croatia is 57,869 billion. Based on this statistic, Croatia is considered to have a medium economy. Countries with medium economies support an average number of industries and opportunities for investment. It should not be too difficult to find worthwhile investment opportunities in medium economies. The Gross Domestic Product (GDP) per capita in Croatia was last recorded at $13,894,842. The average citizen in Croatia has very high wealth. Countries with very high wealth per capita have an extended life expectancy and very high standard of living. Highly skilled workers can be found in many industries, and labor is very expensive in these countries. Countries with very high wealth offer opportunities for safe investments, as they are often supported by a diverse and thriving financial sector. GDP Annual Growth Rate in Croatia averaged -0.8% in 2014. According to this percentage, Croatia is currently experiencing modest decline. Countries that are experiencing modest decline may see a small reduction in personal consumption, employment rate, or personal income. A modest decline in GDP can signal a risky location for investments; however, some strong economic nations occasionally experience modest decline and are still safe investment locations.

Iceland is considered to be a large nation because of its total area. Its total land area is 103,000 km² (approx. 39,768 mi²). Continental shelf of Iceland is approximately 108,015 km² (around 41,705 mi²). Iceland is located in Europe. Europe is a continent whose borders date back to the period of antiquity. European countries include, but are not limited to, the United Kingdom, Italy, Germany, Switzerland, Luxembourg, Malta, and The Vatican. Iceland is not a landlocked country. It means that is is bordered by at least one major body of water. The average elevation range of Iceland is 557 m (1,828 ft).

Neighbors
Total length of land borders of Iceland is 0 kilometers (~0 miles). Iceland has no land borders, meaning that it also has no neighbouring countries in the traditional sense of the word.

Cities
The capital city of Iceland is Reykjavík. The largest city in Iceland is Reykjavík.

Elevation
The average elevation range of Iceland is 557 m (1,828 ft). The highest point of Iceland is Hvannadalshnúkur, with its official height being 2110 m (6,923 ft). The lowest point of Iceland is Atlantic Ocean. The elevation difference between the highest (Hvannadalshnúkur) and lowest (Atlantic Ocean) points of Iceland is 2110 m (2 ft).

Area
The total land area of Iceland is 103,000 km² (approx. 39,768 mi²). and the total exclusive economic zone (EEZ) is 751,345 km² (~290,095 mi²). The continental shelf of Iceland is approximately 108,015 km² (around 41,705 mi²). Including land mass and EEZ, the total area of Iceland is approximately 854,345 km² (~329,863 mi²). Iceland is considered to be a large nation because of its total area.

Forest and arable land
1,930 km² of Iceland's territory is covered in forests, and forest land comprises 2% of all the land in the country. There are 70 km² of arable land in Iceland, and it comprises 0% of the country's total territory.

Major industries in the country are small-scale enterprises for copra production, woodworking, plaited craft goods, stamps, coins, fishing. 5% of population in the country are unemployed. The total number of unemployed people in Tokelau is 66. Tokelau emits 0.3 metric tons per capita of CO₂.

A representative office of a company is an office established in a foreign market to perform marketing functions, data collection, and other operations that do not involve the sale of products or the provision of services. A key characteristic of a representative office is that, by definition, it cannot be involved in transactions, billing, or any other form of buying or selling products.

Activities of a representative office
Representative offices are mainly used for two activities that complement the main functions of the company:

Representation of the parent company
managing information
When representing the parent company, a representative office can contract and communicate with local partners on its behalf (e.g. organize meetings, send partners information to the parent company, etc.).

In managing information, a representative office may conduct market research, organize marketing campaigns, and collect data from customers. It also serves as a point of contact between head office and customers when no other communication channels are available.

In general, a representative office is a way for a company to venture into an unfamiliar foreign market without taking too many risks. This is because, in many countries, establishing a representative office is easier than opening a branch office - since representative offices cannot sell any products or services, they are often less strictly regulated than other types of companies. Representative offices require fewer resources (logistics networks, specialized sales staff, warehouses for goods) to perform their main tasks, so in case of failure, withdrawing from a particular market will not be overly costly.

Advantages of a representative office
A representative office has several advantages over other ways of representing a company in a foreign market:

Easier registration and management
Representative offices cannot conduct business transactions, which is why they are not as strictly regulated as other companies in many countries.
Ability to open bank accounts
Although representative offices are limited in their functionality, they can still be used to open corporate bank accounts for their parent company in a foreign market.
Easy first market entry
Representative offices are an advantageous solution when the parent company is unsure whether or not to expand into a specific foreign market, as they allow it to enter the market for initial research without the need to establish supply chains, a customer base, etc .
circumvent restrictions
In certain jurisdictions, branch offices and other forms of corporate representation with the ability to conduct transactions are prohibited or subject to certain restrictions. Representative offices are a way to enter the market bypassing these restrictions.