Posts tagged with #tax
FISCALITY: THE NEW TAX AMNESTY
egal persons, self-employed persons (PFA), legal persons carrying out independent activities or liberal professions, including non-profit entities may benefit of the tax amnesty and the bonuses granted under the GEO no. 107/2024 for regulating some [...] Read more
24 September 2024
SPONSORSHIP / PATRONAGE: THE PROCEDUR...
The new procedure approved by ANAF Order No. 3562/2024 and published in Official Gazette No. 643 on July 5, 2024, establishes the rules that profit taxpayers must follow to redirect part of their profit tax [...] Read more
22 July 2024
FISCAL POLICIES: OVERVIEW OF THE MAIN...
The Law no. 296/2023 published in the Official Journal no. 977 of October 27, 2023, provides for fiscal-budgetary measures on which the government undertook responsibility in the Parliament and brings significant fiscal changes that may [...] Read more
1 November 2023
TAX INCENTIVES: NEW REGULATIONS IN TH...
The procedure for granting tax incentives in the construction field enacted under the Order of the Ministry of Finances no. 1528/2022 was modified by the Order no. 2044/2023 Read more
13 July 2023
TAX EVASION: CROSS-BORDER CRIMES PUNI...
Cross-border fraudulent act consisting in the use, submission of false tax returns or non-disclosure of VAT-related information resulting in a loss of at least 10 Mln euros for the EU budget are crimes incurring up [...] Read more
6 June 2023
SALE OF AGRICULTURAL LAND LOCATED OUT...
Long waited to unlock transactions with agricultural land located outside the build-up area, the procedure regulating the calculation and payment method of the 80% additional tax due, under certain conditions, when selling agricultural land located [...] Read more
9 February 2023
REPRESENTATIVE OFFICES OF FOREIGN COM...
The legal framework regulating the registration and operation of representative offices of foreign economic entities was aligned to the economic and digital reality by the Ordinance of the Government no. 18/2022, published in the Official [...] Read more
29 August 2022
TAXATION: NEW RULES AS OF AUGUST 2022...
The Fiscal Code was subject to major changes enacted by the GO no. 16/2022 published in the Official Gazette no. 716 of July 15, 2022. Read more
28 July 2022
SALE OF AGRICULTURAL LAND LOCATED OUT...
New major changes of the legislation regulating the sale of agricultural land located outside the build-up area are enacted by the Emergency Ordinance of the Government no.104/2022, published in the Official Journal no. 657 of [...] Read more
14 July 2022
INCENTIVES FOR INVESTMENTS IN INDUSTR...
Moving to an industrial park is probably the best solution for companies, due to incentives available ranging from tax privileges to easier access to infrastructure, lower prices for land rental, simplified administrative procedures and state [...] Read more
18 February 2022
TAX CONSOLIDATION: THE IMPLEMENTATION...
Order no. 1.191 of July 26, 2021, published in the Official Gazette no. 766 of August 6, 2021, provides for the procedure for the setting up and administration of the tax group for profit tax [...] Read more
16 September 2021
THE MAIN LEGISLATIVE AND TAX CHANGES ...
The New Year comes with many legislative and fiscal changes but also with some extended deadlines aimed mainly at supporting the economic activity of companies, in the context of the COVID-19 pandemic. Read more
7 January 2021
ESTABLISHING A REPRESENTATIVE OFFICE
Foreign companies wanting to deploy their activities on the territory of Romania may choose either to create a local entity, i.e. a branch office or a subsidiary, or to open a Representative Office having no [...] Read more
28 February 2019
STATE AID FOR THE DEVELOPMENT OF INNO...
The purpose of the scheme is also to facilitate collaboration between specialized IT&C companies and clusters, so as to ensure quick and easy access to the implementation of results from research and development activities, in [...] Read more
6 November 2018
TAXATION OF REPRESENTATIVE OFFICES: N...
New legal provisions regarding the taxation of representative offices of foreign companies in Romania ("ROs") will enter into force on 1 January 2018. These new provisions are set forth by Government Ordinance no. 25 as [...] Read more
28 September 2017