Publications

Tax and Finance Bucuresti

FiNEXPERT joins TAX & FINANCE FORUM 2017 in Bucharest, Brasov and Timisoara with a team of speakers.

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Key tax provisions for greenfield investments in Romania

Despite of an unsteady political environment, a shifting tax framework grounded by an unpredictable tax policy, Romania still remains attractive for foreign direct investments. According to the World Investment Report for 2017 released by the United Nations Conference on Trade and Development, Romania has lately seen an upward trend of the foreign direct investments (“FDI”) inward flows. Also, according to the same publication, the announced greenfield investments during 2014-2016 have outpaced the volume of the cross-border M&A’s operations showing thus the higher appetite of foreign investors for “ground-up” ventures in Romania; however, the figures do not reach the ones from the pre-crisis period.

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VAT Split Payments mechanism

On 31 August 2017, the government adopted Ordinance no. 23/2017 introducing the VAT split payment mechanism which will be mandatory as of 1 January 2018.

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NEW service. Global Mobility - Consultancy and support for cross-border detachment

NEW service. Global Mobility - Consultancy and support for cross-border detachment

The needs of companies on the global labour market evolve and, with these needs, we adapt ourselves to the demands of our clients. Thus, we decided to introduce the new Global Mobility consulting and support service that supports all those who are detaching employees in another EU or non-EU country.

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Registrul Comertului introduce Identificatorul Unic la Nivel European (EUID) din 7 iulie 2017

Registrul Comertului introduce un nou cod, respectiv Identificatorul Unic la Nivel European (EUID), incepand cu data de 7 iulie 2017. Acest cod se va elibera automat pentru entitatile ce se vor inmatricula incepand cu 7 iulie si va aparea pe Certificatul de Inregistrare, precum si pe certificatele constatatoare de autorizare.

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STATE AID FOR THE RENEWABLE ENERGY SECTOR - G.D. 216/2017

A new state aid scheme managed by the Ministry of Regional Development, Public Administration and European Funds (M.R.D.P.A.E.F.), elaborated in accordance with the Large Infrastructure Operational Program 2014-2020 and approved by G.D. 216/2017 supports investments to promote the production of renewable energy less exploited, namely biomass, biogas, geothermal energy.

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