We help you register, declare and pay your taxes in Romania.

Agency & representation

We provide a full range of tax agency and representation services, focussing on value added tax and corporate income tax / capital gains tax and relying upon our deep knowledge of the Romanian taxation system and excellent communication with the local tax authorities in Romania.

VAT agency and representation

We act as VAT agent or VAT fiscal representative for EU and non-EU clients conducting their business in Romania for which they are either required or opt to register for VAT purposes in Romania. Since the Romanian regulations have specific features and the client’s needs are usually very individual, we focus on investigating and implementing a tailored framework for each client.  Non-EU companies conducting business in Romania are required to register for VAT purposes by appointing a VAT fiscal representative, in order to comply with the requirements of accounting for Romanian VAT on their sales or in order to obtain a VAT refund based on the provisions of the 13th EU Directive. VAT registration should be performed prior to the commencement of the business activities. We also assist EU established clients in registering for Romanian VAT purposes directly.

Our VAT agency and representation services include assistance during the VAT registration and de-registration process in Romania and a full range of related compliance services, preparation and submission of tax returns, tax payments, refund assistance, correspondence with the Romanian tax authorities, etc.

Tax agency and representation for corporate income tax and capital gain tax purposes

We act as tax agents for non-Romanian clients conducting their business in Romania through a permanent establishment, carrying out real estate transactions in Romania or trading in Romanian securities. Given the complexity and specific features of such projects, we usually recommend and undertake a thorough analysis of each project to identify the Romanian tax treatment applicable in the specific situation.

If liable to capital gains tax in Romania, for instance for transacting in shares held in Romanian companies or sale of immovable properties located in Romania, non-residents may, under certain situations, be required to register for Romanian tax purposes, and declare and pay the related capital gains tax in Romania.  We offer our assistance to non-resident clients, as to identify, structure and optimise their Romanian capital gain tax liabilities. Our services include assistance during the capital gains tax registration and de-registration in Romania and the full range of related compliance services, submission of tax returns and tax residency certificates, liaison with brokers and custodians, correspondence with the Romanian tax authorities, tax payment instructions, refund assistance. 

 

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The information on this website is intended to offer general guidelines only and not comprehensive tax advice. Taxhouse is not responsible for the result of any action taken on the basis of the information on this site, nor for any errors or omissions contained herein. Taxhouse is not attempting to render tax consultancy through this website. Readers are encouraged to consult our competent professionals for tax advice concerning specific transactions before making any decision involving Romanian taxation.