Tax Law Archives - Pavel, Margarit and Associates

Articles, Tax Law

Money transfers between relatives. How to avoid the 70% tax and the risk of a dispute with tax authority in Romania (ANAF)

What legal solutions can be adopted in case of a dispute with ANAF? Recently, the National Agency for Fiscal Administration (ANAF in Romania) has intensified controls regarding money transfers between individuals, including transfers between relatives. The purpose of ANAF’s inspections is to sanction illicit transactions and combat tax evasion related to incomes whose source cannot […]

By : Mar 19, 2025 Comments Off

Articles, Tax Law

Tax updates in 2025 for Romanian companies

How the new tax updates will affect businesses in 2025? A series of tax updates in Romania came into effect in 2025 through Emergency Ordinance no. 156/2024, primarily targeting every Romanian company in their dealings with the tax authority in Romania. These measures aim to support the business environment and the economy in contemporary society. […]

By : Jan 15, 2025 Comments Off

Articles, Corporate Commercial and M&A, Tax Law

Responsabilities of an administrator in Romania

Engaging administrator sole liability for tax obligations In a company in Romania, administrators perform key duties to ensure that the economic activity in Romania of the company in Romania operates efficiently and legally, bearing significant responsibility for managing the company in Romania. According to the provisions of the Companies Law No. 31/1990, administrators are liable […]

By : Sep 6, 2024 Comments Off

Articles, Tax Law

BNR authorization of an online payment processor in Romania

Companies mediating online payments must obtain BNR authorization Legal entities involved in online payment processing or online payment processors must obtain authorization from the National Bank of Romania or BNR, according to the new amendments to BNR Regulation No. 4/2019 concerning payment institutions and specialized providers of account information services. This measure is part of […]

By : Sep 4, 2024 Comments Off

Articles, Tax Law

Tax Lawyer in Romania. Excise duties in Romania

Changes regarding excise duties in the Fiscal Code in Romania Recently, the Romanian Government adopted an emergency ordinance introducing significant changes to Law no. 227/2015 regarding the Fiscal Code in Romania. These amendments aim to clarify and update regulations concerning excise duties, directly impacting economic operators across various industries. Additionally, the changes include measures to […]

By : Jul 17, 2024 Comments Off

Articles, Tax Law

VAT refund in Romania

Interest on VAT refund claims in Romania The concept of tax disputes refers to disputes in which one of the involved parties is a public authority and the purpose of the litigation is either the total or partial annulment of an administrative act, or compelling the public authority to issue an administrative act or perform […]

By : Jan 23, 2024 Comments Off

Articles, Tax Law

Fiscal changes regarding companies in Romania in 2024

Starting in 2024, the Fiscal Code undergoes a series of modifications enacted by Law 296/2023 and Emergency Ordinance 115/2023. These changes encompass various aspects, including the method of calculating the income tax for micro-enterprises in Romania, additional conditions to qualify as a micro-enterprise in Romania, the mandatory adoption of the RO e-Invoice System and an […]

By : Jan 5, 2024 Comments Off

Articles, Tax Law

Tax disputes in Romania: Appealing Tax Decisions and Administrative Tax Acts

According to regulations in tax law in Romania, a tax decision and an administrative tax act can be appealed in front of the fiscal authority in order to analyze the validity and legality of the taken measures.The appeal against a tax act is submitted to the issuing fiscal authorities in Romania within 45 days from […]

By : Dec 14, 2023 Comments Off

News, Tax Law

The Romanian Law Firm Pavel, Margarit and Associates provides legal assistance to a Bulgarian citizen in order to recover the VAT paid on the purchase of a car in Romania

The Romanian Law Firm Pavel, Margarit and Associates provides legal assistance to a Bulgarian citizen in order to recover the VAT paid on the purchase of a car in Romania by firstly analyzing the proof of acquisition, as well as any other supporting documents in order to provide a legal opinion to the client on […]

By : Jun 15, 2023 Comments Off

Articles, Tax Law

Amendments to the tax legislation in Romania regarding taxpayers’ obligations

As a result of the changes to the tax legislation in Romania, taxpayers in Romania will be exempted from paying the differences in main fiscal obligations and ancillary fiscal obligations that were established by the tax authorities in Romania by means of a tax decision until the end of 2020, as a result of the […]

By : Jun 15, 2023 Comments Off