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OUG nr. 44/2015 regarding the granting of tax incentives, was published into Official Gazette no 785/21.10.2015 The main provisions are: The late... read more
Increase of travel alowance to 17 lei/per day
Order no 60/2015 for updating the amount of the daily allowance for delegation and detachment, and the amount representing reimbursement... read more
Fiscal measures to stimulate the equity increase
The corporation tax may be reduced in the following circumstances: 2% if the accounting equity is positive and the accounting own... read more
Information regarding the change in the VAT rate: increase from 19% to 21%
Starting August 1, 2025, Romania’s standard VAT rate will increase from 19% to 21%, under Law No. 141/2025, published in... read more
Amendments to Law 113/2020 on insolvency
The main provisions brought by law are the following: • Increasing the threshold for debts based on which the insolvency is... read more
Transfer of Business (TOGC) – Long term Tax Implications in Romania
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The Trade Registar publishes the form for the disclosure of the ultimate beneficial owner.
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