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A clean tax file (=ro. cazier fiscal) is a must
Facts (crimes, contraventions) for which information is entered in the tax file of taxpayers. Why it is important
Jan 10, 2023


How (not) to lose the VAT number
Expired office rent contract, expired administrator’s mandate, neglecting the 6-months rule, becoming a high risk taxpayer
Apr 8, 2021


Check VAT code Romania: how to verify a Romanian company's VAT number
According to the ECJ, checking if a Romanian supplier is VAT-registered is not mandatory. However, in certain cases it may be useful.
Apr 2, 2021


⚠️ Attention administrators: not filing the annual inventory is a contravention
The Accounting Law states that not filing the annual inventory is a contravention of the director, with a penalty between 400 and 5000 RON.
Feb 2, 2021


How to read the Annual Financial Statements of a Romanian company
The Annual Financial Statements are like a business card: they represent the company in front of an investor, a bank, a public authority.
Jan 29, 2021


How to read a Romanian trial balance
The trial balance - or, for short, the balance - represents the mirror of a company’s activity. All the operations reach it.
Jan 29, 2021


Read this before starting a business in Romania
Is it easy to open a business in Romania? To grow it? To pay taxes and to do business with foreign companies?
Jan 4, 2021
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