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
Merchants, regardless of size, are required to accept any form of payment from customers, after the provisions of law 406/2023 came into force on June 16. Acceptance of cashless payment must be implemented by all registered individuals and legal entities
Almost 7,600 companies suspended their activity in the first four months of 2024. The figure represents an increase of over 38% compared to the same period last year, according to data published by the National Trade Register Office (ONRC). The most
The Government approved the Decision to establish the minimum gross basic salary per country guaranteed in payment, which provides for an increase in its level to 3,700 lei per month, starting with July 1, 2024, compared to the current 3,300 lei.
The Minister of Finance, Marcel Boloș, announced that the possibility of supplementing the budget of the IMM Plus aid scheme with 20% is being analyzed. The supplemented amount will be used only for investments, not for working capital. "I had a discussion with
Prime Minister Marcel Ciolacu announced on Thursday the increase in the minimum wage starting July 1. Thus, the gross minimum wage in the economy will increase from 3,300 to 3,700 lei. "From July 1, the minimum wage will increase to 3,700 lei gross.
The Ministry of Labor and Social Solidarity organized, at the headquarters of the Directorate for Social Dialogue, consultations with social partners to establish the manner in which the guaranteed gross minimum wage per country will be established and the transposition of the Directive into national legislation.
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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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