CASE STUDY: âThe 10âDay Noticeâ That Woke Up a Regional CFO. How One Call to Piroiâą Romania Internal Audit Saved 16% of EBITDA
This case study outlines the legal necessity and strategic value of internal auditing for multinational subsidiaries operating in Romania. It explains that companies meeting specific financial thresho...
16 Jan 7min
Permanent Establishment (PE) in Romania
Understanding the concept of Permanent Establishment, or Permanent Headquarters, or Permanent Office (=ro. Sediu Permanent) and its implications for foreign businesses is crucial for tax compliance an...
26 Feb 20241min
A solution for shareholders who fight over access to company documents
One of the most debated subjects when shareholders start having arguments is the right of access to company documents. There are times when communication problems between the shareholders of a company...
10 Juni 20232min
How to read a Romanian trial balance
The trial balance - or, for short, the âbalanceâ - represents the mirror of my companyâs activity. All the operations that I run reach the accounting document called the trial balance. Sooner or later...
18 Sep 202021min
đČ Mobile App Review: Mandatory Day Workers Registry | Registrul Zilierilor - Inspectia Muncii đ
With the entry into force of the Order of the Ministry of Labor and Social Protection No. 1140 / 2020, starting with July 25, 2020, the beneficiaries have the obligation to keep records of day laborer...
28 Juli 202011min
đŠđš Emergency Status Certificate
The Ministry of Economy, Energy and Business Environment offers, on request, Emergency Status Certificates to the businesses affected by the COVID-19 pandemic. The request for an Emergency Status Cert...
27 Mars 20202min
How to get back the VAT code (5) after having lost it
Regaining the VAT code takes longer than getting it in the first place, because the tax inspectors are more alert to potential irregularities, even if the initial loss of the VAT code has just been th...
6 Dec 20192min
