Coneo Review
Coneo (formerly CONFIDA) is an Austria and Southeast Europe tax advisory and payroll firm with over 30 years of operational history. An ETL GLOBAL network member with 7 Austrian offices plus Croatia, Serbia, and Slovenia, it provides international employment services including payroll, social security administration, shadow payroll, and expat salary management for foreign-employer companies operating in the region.
Countries
Companies
Per Employee/Month
Setup Time


Provider Highlights
Advantages
- 30+ years of operational history as CONFIDA — second-longest track record in this audit series after Claremont (founded 1979); 30 years of Croatian payroll history through EU accession (2013), Kuna-to-Euro transition (2023), and Schengen entry (2023); institutional compliance continuity that no startup EOR platform can claim
- ETL GLOBAL network membership — one of Europe's largest independent accounting networks (1,000+ offices, 50+ countries); member since 2021 for Serbia and Croatia; Austria joined 2025; provides cross-border referral and knowledge sharing for EU-wide tax developments
- Seven-city Austrian footprint + SEE offices — the most geographically distributed Austria-SEE cross-border advisory firm in this audit series; bilateral Austria-SEE presence within a single firm is the defining advantage for DACH companies expanding into Croatia, Serbia, or Slovenia
- Shadow payroll capability — highly specialist EOR-adjacent service for international assignees under split-payroll, tax equalisation, and bilateral social security treaty management; not offered by most pure-play EOR platforms
- Director Frane Garma: 12+ years Big 4; IFRS specialist; direct email access; monthly Croatian tax newsletter; trilingual (Croatian/English/German) service for DACH-SEE cross-border clients
Limitations
- EOR not a standalone service — "International Employment Services" is a subsection of "Payroll Outsourcing"; no dedicated EOR page; not listed in Croatia EOR provider directories (Atlas HXM, hireborderless.com)
- Zero B2B platform reviews for Coneo brand; CONFIDA-to-Coneo rebrand creates review continuity gap; no client testimonials or case studies accessible from public sources
- No published pricing; professional services billing model may differ structurally from per-employee monthly EOR fees; no dedicated EOR page, process documentation, or onboarding flow
- Croatia/SEE/Austria only — no global EOR coverage; Western Balkans "desks" (Albania, BiH, Kosovo, Macedonia, Montenegro) may have different service depth than full offices; no confirmed HRIS, employee portal, or mobile app
Platform Features & Capabilities
International Employment Services — What It Covers and What It Doesn't
Coneo's International Employment Services covers a specific set of EOR-adjacent capabilities for companies deploying international staff into Croatia without a local entity. Confirmed scope: payroll and social security administration for employees with foreign employers; assistance with contract creation and registration for foreign-headquartered companies; salary statements and exemption processing for expatriates (Croatian social security exemptions when bilateral treaties apply); shadow payroll for proper source tax deductions; billing and debt collection management with agencies; expense reimbursement policy drafting and filing. What this service does NOT explicitly confirm (requiring direct clarification): whether Coneo signs employment contracts as the legal employer of record (EOR) or merely manages payroll for a foreign company that is already the employer; whether HZZO health insurance registration in Coneo's name vs. the foreign employer's name; and how indefinite vs. project-based employment is handled. For conventional EOR buyers (company has no Croatian entity and needs someone to be the legal employer), confirm whether Coneo serves this use case explicitly.
Shadow Payroll — The Specialist EOR-Adjacent Capability
Shadow payroll is one of the most technically sophisticated capabilities in international employment management and is explicitly confirmed as a Coneo service. It involves maintaining a notional payroll in the employee's home country while actual salary is paid in the host country (or vice versa), to ensure compliance with tax and social security obligations in both jurisdictions. This is required for: international assignees under tax equalisation policies (where the employer guarantees the employee pays no more tax than they would at home); split-payroll arrangements (where salary is split between home and host country bank accounts); social security treaty management (determining which country's social security applies under bilateral A1 certificate or SSA treaty rules); and accurate P60/W-2/Lohnsteuerbescheinigung reconciliation at year-end for multi-country employees. Pure-play EOR platforms (Deel, Remote, Gloroots) typically do not provide shadow payroll — they manage the host country payroll only. Coneo's 30-year accounting and tax advisory background makes it uniquely positioned to deliver shadow payroll for DACH-to-Croatia assignees where both Austrian/German and Croatian tax and social security obligations must be simultaneously managed.
Croatia Post-Euro Payroll — January 2023 and Fiscalization 2.0
Croatia adopted the Euro on 1 January 2023, replacing the Croatian Kuna (HRK) — a compliance transition that Coneo navigated in real time for its Croatian payroll clients. All Croatian payroll is now EUR-denominated, eliminating the HRK/EUR conversion complexity for European clients. The most recent Croatian compliance development is Fiscalization 2.0: effective 1 January 2026 (confirmed in Coneo's April 2026 blog post), Croatia's Fiscalization reform now requires eInvoice-based VAT accounting and reporting — affecting how payroll-related invoicing, expense reimbursements, and contractor payments are documented and reported. Coneo's active blog coverage confirms real-time regulatory engagement with both changes. For international companies entering Croatia after the Euro adoption, EUR-denominated payroll is standard; for those who operated pre-2023, Coneo can confirm the smooth transition without HRK legacy complexity.
DACH-to-SEE in One Firm — The ETL GLOBAL Advantage
The ETL GLOBAL network membership (Serbia + Croatia since 2021; Austria 2025) enables Coneo to serve Austrian and German companies expanding into Croatia, Serbia, or Slovenia within a single professional services network. In practice this means: a German company setting up a Croatian subsidiary can use CONEO Austria (Graz or Vienna office) for its Austrian parent company tax affairs and CONEO Croatia for Croatian subsidiary payroll, employment contracts, and international employment management — with both sides of the engagement handled by teams that share network standards, knowledge bases, and cross-referral protocols. For smaller Austrian Mittelstand companies for whom Croatia or Serbia is a secondary market (back-office operations, manufacturing, IT team), having one trusted advisor manage the full Austria + Croatia tax and employment picture eliminates the coordination overhead and communication friction of managing separate Austrian and Croatian advisors who do not know each other.
What Users say
ETL GLOBAL Recognition and Big 4 Credentials — Institutional Quality Signals
Coneo has zero verified reviews on any public B2B platform under its current brand. In the absence of client testimonials, two institutional quality signals are available. ETL GLOBAL network membership confirmation: "Formerly known as CONFIDA, CONEO brings more than 30 years of experience serving small and medium-sized enterprises" — this ETL GLOBAL announcement provides third-party recognition of Coneo's operational history and network standing. Director Frane Garma's 12+ years Big 4 experience as an IFRS specialist: Big 4 audit professionals who leave to lead regional firms typically bring audit-quality process standards, IFRS expertise, and international client management capability that is commercially differentiated from non-Big-4-trained regional firm founders. For procurement teams evaluating Croatia EOR options, these two signals — ETL GLOBAL network membership and Big 4 director credentials — are the most procurement-credible institutional quality indicators available for Coneo.
The CONFIDA Brand Legacy — 30 Years of Unconfirmed Reviews
Coneo was formerly known as CONFIDA, which operated for 30+ years before the rebrand. Any historical CONFIDA client reviews or institutional reputation does not transfer to the Coneo brand identity on digital B2B platforms. This creates a review continuity gap: the 30 years of CONFIDA relationships are real, but the Coneo brand starts with zero public review history. For buyers, the appropriate mitigation is to ask Coneo directly for client references from the CONFIDA era — clients who have worked with the firm for 10+ years under either brand name provide more credible continuity evidence than a public Trustpilot profile. The firm's ETL GLOBAL network colleagues in adjacent markets may also provide referral-quality validation through the professional network.
Active Blog as Real-Time Regulatory Signal
Coneo's active tax newsletter (monthly articles confirmed through April 2026: Fiscalization 2.0, LLC profit distribution, Croatian payroll updates) provides an independent quality signal for buyers: the team is actively tracking and communicating Croatian regulatory changes in real time. For international companies managing Croatian employment compliance, receiving unsolicited monthly regulatory updates from their payroll provider is directly operationally valuable — it reduces the risk of compliance errors from missed regulatory changes. The April 2026 Fiscalization 2.0 article specifically demonstrates that Coneo is current with the most recent Croatian compliance development.
OUR TAKE
Is Coneo the Right International Employment Partner for Croatia and SEE?
Coneo earns its strongest recommendation for the DACH-to-SEE expansion buyer profile: an Austrian, German, or Swiss company that has operations in both Austria and Croatia/Serbia/Slovenia, needs a single professional services firm managing the full tax and employment compliance lifecycle across both sides of the border, and values the institutional continuity of a 30+ year ETL GLOBAL network firm with Big 4-credentialed leadership over a digital-first EOR platform. For this buyer, Coneo is potentially the optimal single-partner solution. For buyers seeking a standalone Croatia EOR with digital onboarding, published pricing, employee self-service portals, and B2B platform-verified reviews, global platforms (Borderless AI, Deel, Remote) or regional Croatia EOR specialists are more appropriate choices. Pre-engagement checklist: confirm whether International Employment Services is billed as monthly per-employee fee or time-based professional services rate; confirm the Croatian entities used as employer of record; verify the technology platform for payroll processing; clarify desk coverage depth in any Western Balkans markets beyond Croatia/Serbia/Slovenia; and obtain a written service scope distinguishing standard payroll outsourcing from the EOR-adjacent international employment services.
Best For
DACH To Croatia Serbia EOR
Austrian and German companies expanding into Croatia, Serbia, or Slovenia.
Shadow Payroll Expatriate Croatia
Companies managing shadow payroll and expatriate employment services in Croatia.
Etl Global Austria See Advisory
Businesses using ETL GLOBAL network advisory for Austria and SEE tax and payroll.
Austria Croatia One Firm Tax Payroll
Companies needing one-firm tax and payroll across Austria and Croatia.

ALTERNATIVES
How it compares
Coneo vs Gloroots (for Croatia EOR within global)
Gloroots covers 140+ countries at $299/month with SOC 2, ESOP, contractor management, self-serve, and review validation — including Croatia (likely via partner). Coneo covers Croatia (primary), Serbia, Slovenia, Austria + Western Balkans desks at custom pricing with 30-year history, ETL GLOBAL network, Big 4 director, shadow payroll, and Austria-SEE integrated advisory. Gloroots wins on global coverage, published pricing, SOC 2, ESOP, self-serve, and review validation. Coneo wins on Croatia compliance depth (30 years vs. Gloroots' more recent Croatia coverage), ETL GLOBAL institutional standards, shadow payroll capability (not offered by Gloroots), Austria-SEE integrated advisory (eliminating DACH + Croatia multi-vendor), and Big 4 director credentials. For global EOR including Croatia with published pricing and SOC 2, Gloroots. For Croatia/SEE EOR with 30-year history, shadow payroll, and DACH-SEE integrated firm, Coneo.
Coneo vs LMW HR Group (for South European EOR)
LMW covers Greece, Cyprus, Malta, Portugal, Czech Republic, UK with 12-year history, 2,000+ managed employees, non-EU visa facilitation, and company formation. Coneo covers Croatia (primary), Serbia, Slovenia, Austria + Western Balkans desks with 30-year history, ETL GLOBAL network, Big 4 director, shadow payroll, and DACH-SEE integration. LMW wins on country breadth in Southern Europe (6 owned offices vs. Coneo's Croatia/Serbia/Slovenia + desks), 2,000+ managed employees, and non-EU visa facilitation. Coneo wins on Austria bilateral integration (no LMW Austria presence), shadow payroll capability, ETL GLOBAL network, 30-year operational history, and Big 4 director credentials. For South European EOR portfolio across Greece/Malta/Portugal/Cyprus/Czech/UK, LMW. For Croatia/SEE EOR with Austrian bilateral integration and shadow payroll, Coneo.
Compare Coneo vs LMW HR Group →
Coneo vs Darwin Recruitment (for European tax-advisory-adjacent EOR)
Both are European professional services firms where EOR is embedded within a broader advisory model. Darwin covers 14 European/US markets at EUR 499–849/month with STEM recruitment, Netherlands immigration sponsorship, and published pricing. Coneo covers Croatia/SEE/Austria at custom pricing with 30-year history, ETL GLOBAL, Big 4 director, shadow payroll, and Austria-SEE bilateral integration. Darwin wins on published pricing, country breadth (14 vs. Croatia/SEE/Austria), STEM recruitment pipeline, Netherlands sponsorship, and institutional revenue scale. Coneo wins on shadow payroll (Darwin does not offer this), Austria-SEE bilateral firm integration, ETL GLOBAL network, 30-year track record, and Western Balkans coverage. For multi-country European EOR with published pricing and STEM recruitment, Darwin. For Croatia/SEE EOR with shadow payroll, Austria bilateral integration, and ETL GLOBAL standards, Coneo.
Custom Pricing — No Published Rates; Professional Services Model May Differ from Per-Employee EOR Fee Structure
<p id="">Coneo publishes no pricing. All engagements require consultation. Croatia EOR market benchmarks: global platforms (Borderless AI, Deel, Remote) charge EUR 499–699/month per employee; regional specialists (Horizons) approximately EUR 299/month; a boutique local firm like Coneo should price below these global platform rates given lower Croatian operational costs and a relationship-managed service model.</p><p id="">Important structural question: confirm whether Coneo prices international employment services as a fixed monthly fee per employee (comparable to conventional EOR) or as time-based professional services billing (hourly/retainer, standard for accounting firms). These are structurally different — the monthly-fee model is directly comparable to EOR platforms; the time-based model requires a different budget framework. Contact: fgarma@coneo.hr (Director) or c.braunig@coneo.hr (Austria Managing Partner).</p>
Pricing Breakdown
Base Monthly Fee (Per employee, per month)
Setup Fee (One-time, varies by country)
Termination Fee (Covers statutory costs)
Volume Discounts (Available for 10+ employees)
Countries where it operates
Latest news & updates
January 2026 — Fiscalization 2.0 in Croatia
Croatia's Fiscalization 2.0 reform came into effect on 1 January 2026, introducing eInvoice-based VAT accounting and reporting requirements. Coneo's April 2026 blog post confirms active coverage of this reform — the most recent significant Croatian compliance development affecting payroll-related invoicing, expense reimbursements, and contractor payments. Companies using Coneo for Croatian payroll and international employment received proactive guidance on the Fiscalization 2.0 implications for their employment documentation workflows.
2025 — CONEO Austria Joins ETL GLOBAL Network
CONEO Austria joined the ETL GLOBAL accounting and advisory network in 2025, completing the integration of both the Austrian and SEE divisions under a single network umbrella. ETL GLOBAL Serbia and Croatia had joined in 2021. The full Austria + SEE ETL GLOBAL membership enables seamless cross-border referrals, knowledge sharing, and quality standard application across the Austria-Croatia-Serbia-Slovenia service footprint under a unified network framework.
Frequently asked questions
Questions about the EOR Provider.
Still have questions?
Ask our team and get clear, unbiased guidance tailored to your situation.
Is Coneo's International Employment Service the same as EOR?
Functionally, Coneo's International Employment Services covers the core components of EOR: payroll management for foreign-employer companies, social security administration, contract creation and registration, and full employment compliance. However, the key question requiring direct clarification is whether Coneo signs employment contracts as the legal employer of record (EOR model — Coneo is the legal employer; the foreign company is the functional manager) or whether it manages payroll for a foreign company that is already the registered employer in Croatia (payroll outsourcing model). For companies without a Croatian entity who need someone to be the legal employer, confirm with Frane Garma whether Coneo explicitly acts as the Croatian legal employer of record. Contact: fgarma@coneo.hr
What is shadow payroll and do I need it for Croatia?
Shadow payroll is required for international employees who are formally employed in one country but working in another — where both the home country and host country have tax and/or social security obligations simultaneously. For example: a German employee sent to Croatia on assignment who remains on the German payroll for German pension and social security, but must also have Croatian income tax withheld. Coneo maintains a notional Croatian payroll (shadow payroll) showing what the Croatian deductions would be, ensuring Croatian tax compliance without affecting the German employment relationship. Shadow payroll is also required for tax equalisation programmes (employer guarantees employee pays no more tax than at home) and split-payroll arrangements. If your Croatia deployment involves assignees who remain employed in Germany/Austria/Switzerland while working in Croatia, confirm the shadow payroll scope with Coneo before engagement.
How does Croatia's Euro adoption affect EOR payroll?
Croatia adopted the Euro on 1 January 2023, replacing the Croatian Kuna (HRK). All Croatian payroll is now EUR-denominated — eliminating the HRK/EUR currency conversion complexity that previously affected international company payroll administration in Croatia. For European companies, Croatian payroll is now directly comparable in currency to German, Austrian, French, and other Eurozone country payrolls. For non-Eurozone companies (UK, US, Australia), Croatian payroll in EUR simplifies the single-currency European operations model. Coneo navigated the HRK-to-EUR payroll transition in real time for its Croatia payroll clients in 2023.
Still have questions?
Ask our team and get clear, unbiased guidance tailored to your situation.
Switching to or from Coneo?
Switching to Coneo for Croatia/SEE International Employment
Contact Frane Garma (fgarma@coneo.hr) or Christian Braunig (c.braunig@coneo.hr) directly. Before engagement: confirm whether Coneo acts as legal EOR employer or payroll manager for foreign employers (critical for companies without a Croatian entity); request a written service scope distinguishing standard payroll from international employment services; confirm the billing model (monthly per-employee fee vs. time-based professional services); and clarify the HZZO health insurance and pension registration process. For shadow payroll engagements: establish the bilateral tax and social security treaty analysis process for your employees' home country and confirm the annual reconciliation timeline. For Croatia specifically: confirm handling of Fiscalization 2.0 eInvoice requirements for expense reimbursements and payroll-related invoicing.
Switching away from Coneo
When transitioning away from Coneo, request: payroll records per employee (EUR gross-to-net, income tax withholding, HZZO contributions, pension contributions); Croatian Tax Authority (ePorezna) filing records; HZZO employer account documentation; annual income tax calculations; shadow payroll records (if applicable); employment contracts and registration records; expense reimbursement policy documentation; and any ETL GLOBAL network correspondence. For HZZO: the Croatian Health Insurance Fund employer account must be transferred or reregistered under the new employer entity. For Croatian pension contributions: 1st pillar (Croatian Pension Insurance Institute/HZMO) and 2nd pillar records must be provided for each employee. Plan 4 weeks for Croatian government account transfer processes.
Questions to ask before switching any Croatia EOR provider
Before switching, confirm: Does the new provider sign Croatian employment contracts as legal employer of record or manage payroll for the foreign employer? How is shadow payroll handled if employees also have home country employment obligations? How does the new provider navigate Fiscalization 2.0 requirements for payroll-related expense documentation? Is the new provider in the ETL GLOBAL or equivalent accounting network for cross-border tax advisory backup?
Find a better EOR — without risk
Compare EOR providers to gain insights on cost, coverage, and contract flexibility, ensuring compliance and payroll continuity.
.png)
.png)