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Devino un membru al comunității noastre

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Tax Law

Tax Law

How long does it take to get deleted from the Credit Bureau in Romania?

Barry, the Legal Badger -
Credit Bureau Data Deletion Procedure in Romania The deletion of recorded data at the Credit Bureau can be carried out either automatically or upon the request of the concerned individual, depending on the situation. If the...
Tax Law

VAT monthly or quarterly in Romania

Barry, the Legal Badger -
The tax reporting system for Value Added Tax (VAT) in Romania undergoes significant changes for the year 2024. The general principle contained in Art. 322 para. (1) of the Tax Code establishes as a...
Tax Law

CASS 2025 in Romania

Barry, the Legal Badger -
What is Cass in Romania? CASS, the Social Health Insurance Contribution, is a compulsory contribution that employers and employees must pay monthly to the budget of the Single National Health Insurance Fund in Romania. Its...
Business Law

Products with high tax risk in Romania

Barry, the Legal Badger -
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...
Civil Law

Personal insolvency in Romania

Barry, the Legal Badger -
WHAT IS INSOLVENCY OF AN INDIVIDUAL IN ROMANIA? Insolvency is the state of a person's (debtor's) assets that is characterized by insufficient funds to pay...
Civil Law

Tax records online in Romania

Barry, the Legal Badger -
WHAT IS A TAX RECORD IN ROMANIA? Tax records are a means of recording and monitoring taxpayers' compliance with tax, accounting and financial discipline. In...
Civil Law

Credit bureau – what is it and how can data be deleted in Romania?

Barry, the Legal Badger -
WHAT IS A CREDIT BUREAU IN ROMANIA? The Credit Bureau is a private institution that manages a database in which information is stored on the...
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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...

Non-agricultural business ideas in the countryside in Romania

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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...

Limited company with no activity in Romania

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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...

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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),...

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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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