The Taxation team advises on taxes in Romania both independently and in support of services provided to clients by other departments within the firm. The department participates closely with clients in reviewing the various types of taxes assessed, while focused on finding creative alternatives to structure and approach tax issues that meet the client's overall short and long term commercial objectives.
We understand the importance of minimizing the tax burden on assets and activities related to personal and business income. Our goal is to achieve the most favorable result using the most efficient approach to tax structures.
An emphasis is placed on growing the effectiveness of corporate taxation system while making the best to find the proper financing approach from the tax payer’s perspective, including cross-border leasing, offshore investments, withholding taxes and other incentive schemes.
The department also advises individuals on the taxation aspects related to employment, potential benefits regulated by the fiscal legislation, best option as regards the sale and purchase of shares as well as the transfer of property.
|Copyright law is to be amended
Proposal to amend the Law no 8 of 1996 on copyright and neighbouring rights is open for public consultation on the website of the Ministry of Culture and National Patrimony. [..more]
|Proposal to amend the law on commercial companies
The Ministry of Justice has made available for public consultation the draft for the emergency ordinance on the amendment of the Law no 31 of 1990 on the commercial companies, amended to date. [..more]