Society perceives prostitution as a negative social phenomenon in various ways. Many authors have attempted to provide a precise definition of prostitution, but due to the diversity of forms it encompasses, no single definition can be considered complete. According to historical sources, prostitution has existed since ancient times, which is why it is known as the „oldest profession in the world“. It is up to each state to choose a system thet it deems most effective in addressing this social problem, but eradicating this phenomenon entirely is impossible. The options range from legalization, decriminalization or tolerance to prohibition and ceiminalization, and they depend on the tradition, religion, economic factors and cultural characteristics of each individual country. Croatia has opted for the criminalization od both voluntary and forced prostitution, but there is a growing initiative to change the current legal regulation. It is impossible to isolate a phenomenon like prostitution. Its connection to other criminal offenses such as serious bodily harm, theft/ grand theft, human trafficking and similar crimes is undeniable. Ever regulatory system, whether prohibitionist, regulatory or abolitionist has its advantages and disadvantages, It is evident that prostitution as an industry generates significant amounts of money. Therefore, through the legalization of voluntary prostitution the state would benefit by imposing tax obligations on sex workers and organizers, while also reducing associated crimes closley linked to voluntary prostitution. This woud provide sex workers whit greater protection from the state apparatus. An analysis of the current legal regulation of prostitution in Croatia, its compatison with countries such as Sweden, the Netherlands, Germany and New Zealand, and the advantages and disadvantages od legalizing prostitution in Croatia will be subject of consideration in this paper.