- The procedure for the implementation of the Romanian Court decisions ordering the suspension of the execution of the decision to declare inactivity, based on the provisions of the Romanian Law on Administrative Litigation no. 554/2004.
- The implementation of the Romanian court decision ordering the suspension of the execution of the declaration in inactivity decision is made with the date of the court decision.
- The competence for the implementation of the Romanian court decision ordering the suspension of the execution of the decision to declare inactivity lies with the department with attributions in the field of managing the register of Romanian taxpayers within the Romanian tax bodies in whose tax records the taxpayers are registered, hereinafter referred to as the specialized compartment.
- In order to reactivate the taxpayer, based on the court decision ordering the suspension of the execution of the decision to declare inactivity, the specialized department prepares a reasoned report, which contains mandatory:
- taxpayer identification data (name, tax domicile, tax identification code);
- the number and date of the decision declaring the taxpayer inactive;
- the number and date of the court decision ordering the suspension of the execution of the decision to declare inactivity for that taxpayer;
- the motivation of the proposal to remove ex officio from the records of the taxpayers declared inactive;
- proposals on the effects of the application of the suspension of the execution of the declaration of inactivity decision and their motivation.
- Romanian methodological norms regarding the preparation of individual periodic financial statements, in accordance with international financial reporting standards, applicable to non-bank financial institutions for prudential monitoring/supervision purposes
- Romanian non-bank financial institutions have the obligation to prepare periodic financial statements at individual level, within the time limits and in the form set out in these methodological norms.
- The individual periodic financial statements shall reflect the operations and financial situation of the Romanian non-bank financial institution, its branches and other secondary offices on an individual basis.
- Individual periodic financial statements represent global situations, respectively situations that concern the entire national territory of the non-banking financial institution (registered office, branches and other secondary offices located in Romania), as well as all subunits abroad.