Don't make tax payments on the 25th. Instead, ensure your payments reach the Treasury by then. Missing this deadline could mean penalties.

Starting a business in Romania? Ensure compliance by obtaining the paper-based inspection register within the first 30 days of incorporation

This article presents the official ANAF list of Double Taxation Avoidance Agreements and presents solutions to language discrepancies.

The new Law 296/2023 defines unauthorised activity as illicit, increasing risk of confiscation and fines

Romanian tax residents with wealth > EUR 25 million will be notified by the Tax Agency ANAF to ensure voluntary tax compliance

Failure to comply with the obligation to report monthly on the inventories of agricultural and food products constitutes a contravention

Due diligence is a must: I need to do my homework or I risk having surprises. The supplier might be inactive, or with its VAT code cancelled

⚠️ Attention administrators of micro-companies with one employee who goes on medical leave. You risk losing the micro-company tax status

Romanian Tax Procedure Code, art. 104: "the certification of tax forms by a tax advisor is an evaluation criterion in the risk analysis"

Facts (crimes, contraventions) for which information is entered in the tax file of taxpayers. Why it is important

Expired office rent contract, expired administrator’s mandate, neglecting the 6-months rule, becoming a high risk taxpayer

According to the ECJ, checking if a Romanian supplier is VAT-registered is not mandatory. However, in certain cases it may be useful.

The Accounting Law states that not filing the annual inventory is a contravention of the director, with a penalty between 400 and 5000 RON.

The Annual Financial Statements are like a business card: they represent the company in front of an investor, a bank, a public authority.

The trial balance - or, for short, the balance - represents the mirror of a company’s activity. All the operations reach it.

Is it easy to open a business in Romania? To grow it? To pay taxes and to do business with foreign companies?