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Franchising – what it means, types and costs in Romania

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WHAT IS FRANCHISING IN ROMANIA? In essence, franchising is a system of marketing products or services, whereby the franchisee seeks to exploit the franchisor's business...

What is B2B in Romania?

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B2B - WHAT DOES IT MEAN? An acronym for business to business, B2B involves the sale of goods/services exclusively between legal entities. Thus, business to...

Products with high tax risk in Romania

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In an attempt to combat tax evasion and optimize tax collection, tax authorities in many countries, including Romania, are paying increased attention to high-risk...

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Although the countryside is often associated with agriculture, there are many non-agricultural business opportunities that can be successfully developed in these areas. These ideas...

Mutual funds – what are they in Romania?

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WHAT ARE MUTUAL FUNDS IN ROMANIA? Mutual funds are open-ended investment funds with the aim of using the financial resources of several investors to buy...

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A limited liability company (LLC) can go through different stages of inactivity, each with its own legal and tax particularities. Three distinct scenarios can...

Intra-Community VAT in Romania

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WHAT IS INTRA-COMMUNITY VAT? Intra-Community VAT is value added tax on transactions between Member States of the European Union. The intra-Community VAT code is a...

Inactive register in Romania

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INACTIVE REGISTER IN ROMANIA - WHAT IS IT? The register of inactive/reactivated taxpayers/payers is a record organized by the National Agency for Tax Administration (ANAF),...

How much salary do you need for a 10000 euro loan in Romania?

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Given the current economic climate in Romania, many people may need to access loans to finance various personal needs, such as renovating a home,...

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