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An update to Statement 394 will require companies new disclosures about transactions with related parties
The new form will contain a section where companies will disclose whether they had, or not, any transactions will related... read more
Fiscal facilities regarding the prolongation of certain terms
In the following we will analyze the forms of fiscal facilities regarding the extension of some terms published in the... read more
VAT registration, evaluation criteria
Order no 17/2015 establishing criteria for conditioning the registration for VAT purposes, was published into Official Gazette no 16/09.01.2015. Order establishes... read more
Accounting reporting as of 30.06.2025
It was published the Order no. 1194/2025 issued by the Ministry of Finance, in the Official Gazette no. 730 of... read more
Important fiscal changes OUG 138 / 05.12.2024
E-Invoice: In the B2G commercial relationship, the invoices will contain the corresponding CPV codes provided in the reference nomenclature in the... read more
Form 088 has been removed
ANAF Order no 605/2017 on establishment of the criteria for VAT registration was published in the Official Gazette no. 93/01.02.2017. Cancellation... read more
Transfer of Business (TOGC) – Long term Tax Implications in Romania
Daca implicatiile fiscale imediate ale unui transfer de afacere sunt binecunoscute si avute in vedere de toate partile implicate, sunt... read more
The statement regarding the ultimate beneficial owners is mandatory again as Law 101/2021 enters into force
The companies must submit the statement to the Trade Registrar as following: • Each year, within 15 days after the financial... read more

