Every beginning of the year comes with a series of questions regarding the reporting of the financial situation of the last year. In the following article, we will try to give an answer to some of the frequently asked questions on this matter, with reference to the 2011 financial year.
When do we submit Declaration 101 in 2012?
According to Ordonance nr. 2/25th of January 2012 regarding modification and completion of OG 92/2003 regarding Fiscal Procedure Code, annual declaration of income tax (tax on profit) for 2011 will be submitted, with the proper authorities, until March 25th, except non-profit organizations and companies with their majority of income based on cereal culture and technical plants, tree and vine farming, which submit their form up to 25th of february 2012.
READ MOREPeople who choose to work abroad usually use the services of companies that provide mediation services and job placement abroad, as they have don’t have a firm offer of work abroad or may not relate directly to potential employers abroad.
In Romania, private activity of mediation and work placement abroad is strictly regulated by law and companies that provide mediation services must meet certain conditions to carry out this work, namely:
READ MOREYoung entrepreneur, a new form of SRL
In the Official Gazzete of Romania nr. 103/09.02.2011 was published the Government Emergency Ordinance no. 6/02.02.2011 to stimulate the establishment and development of micro enterprises by young entrepreneurs.
Intrested persons, who wish to benefit from the Program to stimulate creation and development of micro enterprises by young entrepreneurs, may require registration with the Trade Registry within whose territorial jurisdiction the head office.
Program beneficiaries covered by this emergency ordinance, called young trader, is a major individual who meets the following conditions:
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