We provide a full range of tax representation services, assuming the role of tax representative or proxy on behalf of our clients regarding procedural obligations related to value added tax and profit tax / capital gains tax, based on a deep knowledge of the Romanian tax system and excellent communication with the tax authorities in our country.

Fiscal representative / empowered person for VAT purposes

We assume the role of fiscal or empowered representative in order to fulfill the fiscal obligations related to VAT in Romania, on behalf of our clients within or outside the European Union when their activity in Romania leads to the obligation to register for VAT purposes in our country. Given the complex nature of VAT regulations in Romania and given that the needs of our customers are often very specific, our focus is on investigating particular issues and implementing a way of working tailored to the needs of each customer. Companies established outside the European Union operating in Romania may be required to appoint a tax representative, either to comply with the requirements of Romanian legislation to collect VAT on operations or to obtain a VAT refund based on the procedure they implement. 13th European Commission Directive. As a general rule, the registration for VAT purposes in Romania, if necessary, should be done before starting the activity in Romania. Regarding the clients established in other member states of the European Union, through our services we can assist them in the direct registration for VAT purposes in Romania.

Our tax representation services also include an assistance component during the registration process for VAT purposes in Romania and respectively during the process of removal from the tax records, at the end of the activity. Also, our services include a complete range of related services, regarding the preparation of declaration formalities, VAT payment, keeping the records required by law regarding the value-added tax in Romania, assistance during the process of obtaining VAT refunds. , correspondence with the tax authorities, etc.

 

Fiscal representative / empowered for profit tax and capital gains tax purposes

We assume the role of proxy on behalf of non-resident clients who carry out activities in Romania through a permanent establishment, or who carry out real estate transactions on the Romanian market or trade securities on regulated markets in Romania. Given the complexity and specificity of such projects, we usually recommend a prior and in-depth analysis of each project, to identify the tax treatment applicable to each specific situation from the perspective of Romanian legislation.

 

If there is an obligation to pay capital gains tax in Romania, for example following the trading of shares held in Romanian companies or following the sale of real estate located in Romania, non-residents may be obliged, under certain conditions, to register fiscal in Romania and to declare and pay the tax on capital gains related to these transactions. We offer assistance to non-resident clients in order to identify, structure and optimize the obligations to pay capital gains tax in Romania. Our services include assistance during tax registration in Romania and tax removal, respectively, as well as a full range of related services for preparing tax formalities, such as filing tax returns and tax residency certificates, dealing with brokers and others. intermediaries in these transactions, correspondence with the Romanian tax authorities, the provision of tax payment instructions and assistance in a possible request for reimbursement of taxes paid in addition.

 

Fiscal representative opening rate: 5,000 Euro

Accounting for tax representative for VAT purposes: 300 - 700 Euro / month (depending on the number of documents)

Assistance / representation / guidance: 100 Euro per hour.

We also provide tax representation in other EU countries. for additional details we are waiting for an email with more details here.