my Business in Romania

first tax inspection 🕵️‍♀️

Tax inspections are run according to the Tax Procedure Code

The Tax Procedure Code regulates the rights & obligations of the inspectors and of the company inspected

  • Any tax inspection is run based on a Tax Inspection Mandate, in which the object of the inspection is written

  • For the inspections which are impromptu, unannounced, or the ones which are initiated by the Parquet, the Tax Inspection Mandate is not applicable

  • The Tax Inspection Mandate must include the objective (e.g. profit tax, VAT), theme (e.g. as established by the Parquet)

  • I have the right to postpone the tax inspection for 30 days

  • The Tax Inspectors have the right to enter any business premise

  • Any good present on my business premises must be visible in the accounting. Viceversa, any good from my accounting needs to be visible on my business premises

  • During the tax inspection, I have the right to be assisted by a tax advisor

If I use the services of an accounting firm and I have my tax statements certified, my Business in Romania is considered less risky and I am less likely to be the subject of a tax inspection in the first years of business