Tax Alert Provisions regarding the application of the VAT collection system In the content of the order, the phrase “ceiling of RON 2.250.000” was modified with reference to “the ceiling provided in art.… Read more
Tax Alert Rule to modify the Tax Code Rule to modify the Tax Code was approved and includes the followings: Turkey is no longer listed as non-cooperating country and implicitly… Read more
Tax Alert New rules on the registration procedure for value added tax purposes The registration for VAT purposes of the taxpayers with the headquarters of the economic activity in Romania, if they carry out or… Read more
Tax Alert Deadline for submitting 2020 financial statements The Order 58/2021 which stipulates that the financial statements for 2020 will be submitted within 150 days from the end of the… Read more
Tax Alert The minimum wage increases to 2.300 lei from January 1st 2021 The Government issued the Decision no. 4/2021 which regulates the minimum gross salary guaranteed for payment. The minimum gross wage will increase… Read more
Tax Alert Changes of fiscal regulations Two of the most recent changes in the Tax Code are postponed to 01.01.2022: 1. The full deduction of the provision for… Read more