Romanian government amends Tax Code and Accounting Law

On 26 February 2021, Romania published Emergency Ordinance no. 13/2021 for the amendment and completion of the Tax Code and of the Accounting Law (GEO 13/2021) in the Official Gazette. The main amendments brought about by GEO 13/2021 are presented… Read moreRomanian government amends Tax Code and Accounting Law

Romanian government introduces new measures in response to COVID-19

On 26 October 2020, Romania put into place Government Emergency Ordinance no. 181/2020 (“GEO 181/2020”) approving additional tax measures and deadlines extensions to support business during the recovery period. Specifically, the new measures include the following: Extension of the deadline… Read moreRomanian government introduces new measures in response to COVID-19

Romania continues the implementation of tax measures to support businesses

On 25 June, Romania put into place Government Emergency Ordinance no. 99/2020 (GEO 99/2020) approving additional tax measures and deadlines extensions to support the business environment during the recovery period after the lifting of the lockdown. Extension of existing deadlines… Read moreRomania continues the implementation of tax measures to support businesses

Romania introduces new tax measures in response to COVID-19

On May 14, Romania put into place Government Emergency Ordinance no. 69/2020 (GEO 69/2020) and Government Emergency Ordinance no. 70/2020 (GEO 70/2020) implementing additional fiscal measures and deadline extensions to support the nation’s business environment. In addition, the following day… Read moreRomania introduces new tax measures in response to COVID-19

Romania implements additional tax measures in response to COVID-19

In a bid to support Romania’s business environment and social protection during coronavirus crisis, on 31 March the Romanian government issued two emergency decrees that create new and favourable tax measures. The decrees passed include Government Emergency Ordinance no.32/2020 for… Read moreRomania implements additional tax measures in response to COVID-19