Tag

Tax relief
08
May

How to benefit from technology and science parks

Key points: Technology and science parks offer 15 years of income tax exemption for activities within them, according to Law No. 58/2022. Employees' salaries….
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03
March

Special status for 4- and 5-star hotels. The deadline for the 10-year tax exemption closes in December 2026 (Updated August 2026)

Key points: Special status grants 4- and 5-star hotels and resorts a 10-year exemption from corporate income tax. Law No....
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06
July

VAT exemption for educational services. Who benefits and who doesn't.

Key points: Qualified educational services are exempt from VAT, including goods and services closely related to them. The exemption applies to school teaching, university teaching, training….
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23
November

[Reconstruction Process] List of entities authorized for VAT exemption.

The General Directorate of Taxes, in implementation of Decision of the Council of Ministers no. 143, dated 13.02.2020, “Procedures for issuing authorization for reconstruction entities and for exemption from tax...".
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04
September

Deadline extended for beneficiaries of financial aid packages 1 and 2 to correct bank details

Whenever there's a tax or financial change that affects your business, we notify you immediately by email with a practical explanation. We send notifications for free. Post….
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31
July

Changes to the VAT registration threshold and liberal professions

Historical post, July 31, 2020. This post pertains to VAT rules as they were in 2020. The law has changed several times since then, therefore...
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31
July

VAT exemption under the reconstruction framework: the Tax Administration publishes the list of entities with authorizations.

Whenever there's a tax or financial change that affects your business, we notify you immediately by email with a practical explanation. We send notifications for free. Post….
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25
July

Notice on the cancellation of fines imposed for non-payment of advance installments of the Income Tax for the natural disaster period due to the epidemic caused by COVID-19.

Whenever there's a tax or financial change that affects your business, we notify you immediately by email with a practical explanation. We send notifications for free. Post….
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19
July

The Council of Ministers approves amendments to the draft law “On Income Tax.”

Historical post, July 19, 2020. This post is news or a notice from 2020 and may no longer reflect the rules in effect. For...
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2020 Tax Amnesty Bill
07
July

The 2020 fiscal amnesty draft law: what it proposed and what it changed

Key points In July 2020, the Ministry of Finance and Economy drafted the bill “On fiscal and penal amnesty for entities making a voluntary declaration of assets,”...
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GDPR