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October' 2015 | Archive | Blog

Preparing for the VAT Reduction in 2016

2015-10-07

One of the most important changes in the new Fiscal Code is a reduced value added tax rate from 24% to 20%. Business owners will need to prepare for this change and comply with the new requirements in order to avoid any risks that might become associated with failing to perform the transition in time. Our Romanian accountants can help you understand the implications of this new measure on your business activities.

Larger Contributions for Some Taxpayers due to a Regulatory Mistake

2015-10-02

The Romanian Fiscal Code suffered successive changes over the past months and the additional legislation hasn’t been clarified through secondary laws. These yet unclear regulations have made it possible for some taxpayers to face additional taxes. Our accountants in Bucharest can help you with specialized consulting services so that you can clarify any questions regarding the new Code.