Indirect tax ebook - Romania

Introduction  

The main indirect tax in Romania is value added tax (VAT). Although VAT has generally been harmonised within the European Union by various European commission directives, there are still a lot of different practises, habits and loopholes in the individual countries. The VAT legislation in Romania follows the structure of the European VAT Directive.

The highly specialised indirect tax team can help national and international clients with all compliance and advisory work in indirect taxes. We are committed to provide innovative solutions on a local and an international basis. In particular, we provide you with the following services:

• VAT compliance
• VAT registration
• preparation of all necessary VAT returns and notices
• foreign country VAT refund claims’ submission
• VAT due diligence and VAT review
• assistance in tax inspections and appeal procedures

• VAT advisory
• advisory services
• discussion with official bodies concerning the interpretation of tax rules
• assistance in applying for an interpretation of VAT issues from a tax office
• assistance in applying for an official binding ruling
• representation in court proceedings

• VAT planning
• establishing VAT effective business structures throughout Europe
• advice on mergers and acquisitions including VAT effective acquisitions structures

The international indirect tax team consists of specialised colleagues, qualified as tax advisor and serves almost all business sectors, for example:

• automotive sector
• building sector
• health sector
• manufacturing and contract manufacturing
• multi-level marketing and other distribution-structures
• trade

The indirect taxes are headed by/please contact:

Emilia Moise
Grant Thornton Tax SRL
1, Anastasie Simu Street, Bucharest, Romania
Telephone: +40 213 202 328
Fax: +40 213 202 327
E-Mail: emilia.moise@ro.gt.com

Information about Romania

• Scope
• Registration
• VAT Rates
• Filing
• Large / small traders
• General Tax application
• Other