We inform you that the Trade Register is suspending its activity between July 16 and July 25. All applications received will be taken over and prepared by the Organic Consulting team and will be resolved after July 25.
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Monday - Friday 9:00 - 17:30
Program
Monday - Friday
9:00 - 17:30
The National Trade Register Office (ONRC) today published the number of companies that suspended their activity in 2022. According to ONRC, the number of companies that suspended their activity last year was 15,700, an increase of 20,58% compared to the previous year. The
The Ministry of Investments and European Projects finances, through the Human Capital Operational Program, the settlement of expenses for meeting the basic needs and supporting displaced persons from the armed conflict zone in Ukraine. On February 6, the call for the settlement of expenses for
The European Commission has approved the notification of the Ministry of Finance regarding the extension of the IMM INVEST PLUS program and the components IMM INVEST ROMANIA, AGRO IMM INVEST, IMM PROD, GARANT CONSTRUCT, INNOVATION and RURAL INVEST, with the increase of the ceilings for state aid granted
ANAF presented a document in which it included the main changes made to the Fiscal Code since the beginning of this year: I. PROFIT TAX • The facility regarding the tax exemption of reinvested profit was extended to investments in assets
The administrative and eligibility checks for funding applications under the Woman Entrepreneur program, with RUE numbers between 1,001 and 1,200, have been finalized. Applicants declared admitted in principle to funding within the mentioned interval will receive their decisions today, 30.01.2023.
Applicants whose applications for funding have been accepted under the Women Entrepreneur program will receive decisions on their acceptance in principle for funding starting Friday, in accordance with the provisions of the implementation procedure. This step follows the completion of the administrative verification stage.
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Cancellation of Accessories and Principal Debts through GEO 107/2024: What Taxpayers Need to Know
Recently, the Romanian Government adopted Emergency Ordinance no. 107/2024, a regulatory act aimed at cancelling ancillary and, under certain conditions, main debts for certain categories of taxpayers. The measure comes as a support for individuals and legal entities affected by financial difficulties and aims to facilitate tax compliance and reduce arrears to the state budget.
What does GEO 107/2024 provide?
GEO 107/2024 offers a unique opportunity for taxpayers to cancel their accessory debts (interest and late fees) and, in some cases, even outstanding principal debts.
Who can benefit from GEO 107/2024?
The ordinance is addressed to both individuals and legal entities that have outstanding debts to the state budget. Through this measure, the tax authorities want to reduce the level of indebtedness and support voluntary compliance of taxpayers.
Main categories of beneficiaries:
The main provisions include:
How is the measure applied and what are the necessary steps?
To benefit from the cancellation of accessories and/or main debts, taxpayers must follow a series of steps, including filing an application with the competent tax authority, paying the main debts (where applicable) and complying with the deadlines imposed by the ordinance. It is essential that taxpayers are informed of the deadlines and consult a tax advisor to ensure compliance.
Material prepared by the Regional Directorate of Public Finance Ploiești – AJFP Dâmbovița
Impact on taxpayers and the economy
Through this measure, the government is trying to reduce the financial pressure on taxpayers and increase the level of voluntary compliance, thus contributing to the reduction of tax arrears. In the long term, it is anticipated that this measure will improve the financial stability of taxpayers and facilitate receipts to the state budget.
Interested taxpayers are advised to consult GEO 107/2024 and contact a tax expert to understand exactly what steps they need to follow to benefit from the cancellations provided for in this ordinance.
Material prepared by the Regional Directorate of Public Finance Ploiești – AJFP Dâmbovița
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