National Agency for Fiscal Administration (ANAF)

National Power Grid Company Transelectrica register a RON 47.9 million accounting loss, according to the financial statements for 2017. “Such negative financial result comes from a complex difficult year, which the revenues diminishing…

The Government approved the decision regarding the capitalization of the Romanian Post (CNPR) with RON 170 million by cash contribution, a press release informs. ”This is a double investment in Romanian Post, a capital investment, with…

Dutch Romanian Network (DRN), the business platform for Dutch entrepreneurs who maintain business contacts in Romania, wants to endorse fiscal representation with the Romanian government and raises the issue that the Authorized Economic…

The business environment does not agree with the split VAT payment because the measure is excessively bureaucratic and will create many problems for the private sector and state-owned companies, while the Treasury and National Agency for…

Foreign Investors Council (FIC) says the mandatory introduction of the split VAT system as of January 1, 2018 will have a serious negative impact on the Romanian business environment for both SMEs and big companies. “The administrative…

The banking sector in Romania is solid and liquid, National Bank of Romania (BNR) assures, stressing that there is no reason to worry about the safety of household and corporate deposits. On end- June, the average solvency ratio was 19.8…

Applying a differentiated low tax rate from January 1, 2018, as set out in PSD’s government program is not possible, given that budget revenues are at an extremely small, Ionut Dumitru, chairman of the Fiscal Council said, digi24.ro quotes.…

In 2016, the National Agency for Fiscal Administration (ANAF) collected budget revenue of RON 199.4 billion, up by RON 2.6 billion than in 2015 and RON 3.52 billion (1.8 percent) more that the schedule set for January 2016 by the budgetary…

The representatives of US ridesharing service Uber stress in a point of view they are open to collaborate with the authorities in Romania to develop some digital ways simplifying the declaration of revenues for the persons conducting…

The National Agency for Fiscal Administration (ANAF) has assigned to three banks - Banca Transilvania, BCR and Garanti Bank - the contract on acquisition of accepting online payments of taxes, fees, contributions and other amounts to the…