S.C. X S.R.L. has as its main business activity “Hotels and similar accommodation facilities”, NACE code 5510. Audited period: •…
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Fire Protection Capacity Assessment Report – Legal Obligation and Safety Guarantee
Owning a storage facility involves more than just managing goods: it also means taking responsibility for the protection of employees,…
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Exceeding the VAT Threshold – Registration Procedure
Situation: A Romanian company, not registered for VAT, provides legal consultancy services and exceeds the threshold of 300,000 RON in…
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VAT Treatment for Invoicing Bonuses to Clients
Situation: The company ABC SRL, subject to VAT and corporate income tax, issues annual/half-yearly/quarterly bonus invoices to its clients. The…
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Renovation and Construction Services Provided to EU Legal Entities – Tax Aspects
Situation: A newly established Romanian company intends to provide construction services (interior renovations) in Belgium, to taxable persons registered for…
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Transitional Measures for Real Estate Sale-Purchase Promises – VAT Treatment
Case Study A Romanian real estate developer (VAT and corporate tax payer) concludes: January – February 2025: bilateral sale-purchase promises…
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New Methodological Rules on the Application of the Reduced VAT Rate of 11%
Government Decision No. 602/2025, amending Title VII “Value Added Tax” of the Methodological Norms for the application of the Fiscal…
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Revision of Fiscal Risk Criteria
Through Order No. 1826/2372/2025, published in Official Gazette No. 708 of 30 July 2025, the tax authorities revised the criteria…
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New Regulations on the Single Tax Return
In Official Gazette, Part I No. 713 of 31 July 2025, Order of the National Agency for Fiscal Administration (NAFA)…
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Amendments to the Methodological Norms for the Application of the Fiscal Code – Scope of VAT Rates
In Official Gazette No. 715 of 31 July 2025, Government Decision No. 602/2025 was published, amending and supplementing Title VII…
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