Bookkeeping
quote

REQUEST
CALL BACK

FREE CASE EVALUATION

Higher taxes for insolvency practitioners in Romania

Written by: Bridgewest

Higher_taxes_for_insolvency_practitioners_in_Romania.jpg

The National Association of Insolvency Practitioners in Romania announced that the prices paid by insolvency practitioners who want to obtain certain documents will increase starting November 2014. New provisions were also made regarding new taxes and the conditions in which insolvency practitioners are allowed to do business and work based on collaboration agreements.
 
The National Association of Insolvency Practitioners decision no. 3/2014, published in the Official Gazette Part I, no. 804 dated November 4th 2014, which entered into force at the same date, brings important changes regarding the amount payable by individuals who want to obtain certain documents and also brings new changes to the manner in which insolvency practitioners are allowed to do business activities.
 

Higher prices

 
The fee for the application to request the issue of documents available in a specific file is now 30 lei/page, compared to 20 lei/page. The fee for the application to request certified copies of the documents available in a specific file is now 50 lei/page (previously 40 lei/page).
 
A new tax of 200 lei was introduced for the request to release the history of a company. Individual and associated offices belonging to insolvency practitioners in Romania need to pay more for any operation related to the Organization forms registry. The amount payable for the release of a proof of registration increased by 50 lei and is now 200 lei. The fee for requesting information has doubled to the amount of 40 lei for each entry.
 
Individual and associated offices belonging to insolvency practitioners in Romania will need to pay 20 lei more if they want to obtain simple copies of the filed documents (the new fee is 30 lei/page). Insolvency practitioners who want to obtain their member history from the National Association of Insolvency Practitioners in Romania will need to pay a fee of 100 lei.
 
Our accountants in Romania can offer you financial consulting and payroll services in Romania. Please contact our office in Bucharest for more information.