Download PDF 12 June 2023 Changes were made according to which the mandatory accounting registers and the supporting documents that are the basis of the accounting records are kept in the company’s archive for 5 years, starting from July 1st of the year following the end of the financial year, including for payroll statements. It…
Download PDF 03 April 2023 Order no. 4291/2022 for the regulation of some accounting aspects comes with a series of changes and accounting regulations regarding individual annual financial statements and consolidated annual financial statements, approved by Order of the Minister of Public Finance no. 1.802/2014 Clarifications are made regarding assets with a long manufacturing cycle,…
Download PDF 21 March 2023 On 6 March 2023, Romania officially notified the OECD regarding the completion of all necessary internal procedures for the application of the MLI – Multilateral Convention to Implement Tax Treaty related measures to prevent base erosion and profit shifting. By fulfilling these procedures, Romania has committed to implementing measures to…
Download PDF 6 March 2023 The fiscal amnesty for gift vouchers was approved In the Official Journal 163/24.02.2023 it was published Law no. 43/2023 for the approval of the fiscal amnesty for gift vouchers. The law entries into force within 3 days from publishing in the Official Journal, being applicable starting with 27 February 2023.…
Download PDF 20 February 2023 Romania | Updated EU list of Non-cooperative Jurisdictions for Tax Purposes On 14th February 2023, the EU Council revised the existing list of non-cooperative jurisdictions for tax purposes that was established in 2017. British Virgin Islands, Costa Rica, Marshall Islands and Russia were added to the list, which now consists…
Download PDF General considerations Recently, on the 26th of November 2022, the Law No. 265/2022 on the Trade Register and on amending and supplementing other acts of law affecting registrations in the Trade Register (“Law 265”) entered into force. The Law 265 transposes Directive (EU) 2019/1.151 of the European Parliament and of the Council of…
Baker Tilly South East Europe proudly launches a new corporate video to celebrate 25 years in the South East Europe region. The story of Baker Tilly South East Europe began in December 1996, when Mr. Marios A. Klitou, Regional CEO of Baker Tilly South East Europe, established the M.A Klitou Chartered Accountants. In May 2003…
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