Related Posts
The form (086) “Notice on the option to apply the VAT split payment system” was approved
Order no. 2.743/2017 for approving the model of the form (086) Notice on the option to apply the VAT split... read more
Several amendments to the legislation on holidays and social insurance benefits
The order stipulates that in the first stage the medical leave can be granted only for four calendar days, in... read more
The deadline for submitting the form regarding the beneficiaries of the sponsorships is approaching
The micro-enterprises income taxpayers that carried out sponsorship activities must submit the declaration 107 about the beneficiaries of sponsorship up... read more
Emergency Ordinance (OUG) 8/2026 to approve actions for Economic Recovery has entered into force
The main provisions in the area of tax legislation are: A. CORPORATE INCOME TAX • An additional mechanism to stimulate investment in... read more
The split VAT law is applied from 1 January 2018 for companies with VAT debts and insolvency companies
Law no. 275/2017 for the approval of Government Ordinance no. 23/2017 on split VAT was published in the Official Gazette... read more
Be aware of deadline – Pro rata to be applied in 2020
The Fiscal code requires taxpayers to compute and communicate the pro-rata percentage and its computation method until January 27th. This... read more
Companies with over 50 employees will pay not 50% but 100% to the disability fund
Emergency Ordinance no. 60/2017 for amending and completing the Law no. 448/2006 on the protection and promotion of persons with... read more
Updates to the Fiscal Code – Ordinance 8/2013, new regulations regarding the depreciation of cars, micro companies, nonresidents
Tax changes
Tax-exempt sports activities A new exemption from tax and social contributions was regulated by Law 34/2023. This provides that subscriptions for... read more
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... read more

