28/09/2016
Good news for those with outstanding debts to the Tax Office
September 28, 2016 Last week, the Ministry of Finance announced that those who have outstanding debts to ANAF will no longer have all their accounts blocked, but only one of the amount to be returned. This measure on electronic seizure is extremely important and seems to relax the fiscal atmosphere a bit. As stated by…
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cladmin
17/09/2016
6 ways to ensure a positive cash flow in your company
September 17, 2016 The health of a business is primarily represented by the cash available that can be used. These financial availabilities are known as cash flows. Cash flow is the difference between a company’s current receipts and payments. The fact that a company has a profit, but has uncollected amounts from customers, can create…
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cladmin
09/09/2016
New reporting obligations for companies
September 9, 2016 From September 1, 2016, Ordinance no. 22/2016 for the amendment of the Government Emergency Ordinance no. 77/1999, regarding some measures for the prevention of insolvency. This legislative provision brings new reporting obligations for taxpayers who are legal entities. In the following we will highlight the changes provided by the Ordinance. The old…
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cladmin
02/09/2016
Nexia International nominated at The Accountant & International Accounting Bulletin Conference and Awards 2016
02 September 2016 We are proud to share with you all great news that, Nexia International, the leading, global network of independent accounting and consulting firms, whose members we are, is nominated at International The Accountant & Accounting Bulletin and Awards 2016. The awards are a very prestigious event and this is the fourth consecutive year for the awards. Nexia has…
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cladmin
26/08/2016
The qualities of an accounting expert in the relationship with the business partner
August 26, 2016 We build stable and long-lasting relationships with our partners. And this is due to the way we look at our mission as experts in auditing, the fiscal and financial-accounting field. And our mission can only be fulfilled through a correct and open approach in collaboration with the client. We strongly believe that…
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cladmin
20/08/2016
The challenges of an entrepreneur and recommendations to overcome them
August 20, 2016 Throughout our career we have worked with many entrepreneurs offering them consulting and financial-accounting services using the best practices available to us, as consultants, so that their business can prosper and fulfill its purpose for which to was created. Lately, I have noticed that there are a number of repetitive aspects in…
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cladmin
11/08/2016
From August 1, the VAT rate for agricultural products and services decreases from 20% to 9%
August 11, 2016 The government has decided that from August 1 the VAT rate for a number of products and services specific to the agricultural sector will be reduced from 20% to 9%. This fiscal measure is a very important one for those who carry out their activity in the agricultural field, because it creates…
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cladmin
05/08/2016
Expert accountant: why is it essential for your business?
August 5, 2016 Here are the 4 most important benefits that an accounting expert brings to your company Regardless of the size of your business, it is important to take care of financial management. State taxes and fees, reporting financial statements at the group level, timely delivery of reports, working with competent tax authorities, salaries…
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cladmin
16/12/2015
Preparation of the physical security risk analysis becomes mandatory
December 16, 2015 Starting with 01.01.2016, it will become mandatory to prepare a physical security risk analysis for all companies, regardless of the nature of the share capital, which hold goods or securities for any reason and are obliged to ensure their protection, according to Law no. 333/2003 on the protection of objectives, assets, values…
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cladmin
22/09/2015
Indirect taxes continue to be the choice of the OECD and the IMF in terms of taxes
September 22, 2015 Nexia International has a very active Indirect Tax department that covers Value Added Tax as well as Taxes on goods and services throughout the Nexia network as well as local and national taxes in the United States. The latest indirect tax bulletin covers three types of joint transactions that currently raise issues…
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