Postponed payment of tax and other measures for the economic environment

The main measures introduced by ordinance emphasize the following: 1. Introducing the possibility of postponing the payment of taxes for individuals and legal entities until December 25, 2020. No fees and penalties for delayed payment will be calculated. Therefore, the same term was established for the suspension of the enforcement procedures...

Read more...

REMINDER to submit the Real Beneficiary Statement. Deadline: November 1, 2020

According with the provisions of Law 129/2019 for preventing the money laundering as amended, Romanian companies have the obligation to submit the Declaration of Real Beneficiary to the Trade Register until 01.11.2020 (companies that 100% of the shareholders are individuals are excluded). The submission can be made by the legal representative...

Read more...

Order on establishing the manner of granting financial support and the categories of goods that can be purchased

The order establishes the manner of granting the financial support (RON 2,500 for each employee in telework) and the categories of goods that can be purchased. The money from the state can be used to purchase: laptops / notebooks, tablets, smartphones, peripheral input and output equipment related to the aforementioned equipment,...

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 capital is at least equal to half of the subscribed share capital; If the company registers an annual increase of the adjusted own capital of the year for which the tax...

Read more...

The Decision implementing the provisions on aid for employers, professionals and day laborers has been published

Regulations regarding employers The employer will bear at least 50% of the full wages of the workers whose program has been reduced, while the state will bear 75% of the difference between the full wages and the reduced wages. According to the decision, the employer will send an electronic request (or in...

Read more...