Seminar ICT and Automation : investment approach and potential subventions and grants

Belgian week in Cluj Napoca by Beroba (The Belgian Romanian Business Association) and The Embassy of the Kingdom of Belgium

Seminar Tuesday 25 April 2017:

ICT and Automation : investment approach and potential subventions and grants

Venue : Hotel Grand Italia,Strada Trifoiului,2,Cluj-Napoca, Romania , conference room 2 : 

Offer 1002 Exceptional plot 37600 sqm hectare industrial land for sale in iclod in cluj Romania 2 or 3 parcels for industrial investment

Exceptional land for industrial investment. The surface can be  divided in 2 or 3 plots. Each plot has an opening at the national road. The price 10 Euro/sqm.

Location iclod near cluj on teh road to deva in front of teh radiator factory.

Wide street opening D=146 m with easy access from national road Cluj –Dej. There is a modified PUG available. The classification of the land is “industrial” because of the classification in the urbanism plan of the city Iclod (PUG).

Land for sale for construction in Brasov in Cristian (Brasov city) 13002 sqm for residential development with 18 parcels and approved PUZ

Description of the land:

Opening at the DN 73B of 53 meters

Total surface 13002 sqm

PUZ is approved with parcel sizes of 500 sqm  x 16  and 1000 sqm x 2 with a service road of 10 meters.

There is cadastre documentation and the limits of the land are marked with metal pickets.


Gas, Electricity, water at the edge of the land.

Download the full presentation in anexa


15 lei – the new face value of the meal tickets in Romania

Starting December 2016, the new maximum nominal value of meal vouchers is 15 lei.

The new nominal value of meal vouchers was established by Law no. 218/2016 for the amendment of Art. 3 paragraphs. (1) of Law no. 142/1998 regarding grating food vouchers, published in the Official Gazette no. 931/2016.

Therefore, in accordance with the provisions of this law the order meal tickets with face values of up to 15 lei inclusive can be delivered starting from December.

Tax exemption for ICT employees in Romania

The procedure regarding the exemption from income tax for IT employees was modified by Order of the Ministry of Finance no. 835/2015 which replaces the old legal framework (MFP Order no. 1479/2013 – repealed). The new regulations stipulate that the employees in this sector may be exempt from income tax only if they occupy certain positions, as defined by the law.

Starting July 30, the alumni working in this sector must be in one of the eight functions, as defined in the Annex of the Order 835/2015:

Reduction of the tax rate for dividend revenue obtained by non-residents in Romania

The new fiscal code.

The tax rate for dividend revenues derived by non-residents from Romania has been reduced from 16% to 5%, as of 1 January 2017, similarly to the amendment brought in the case of distribution of dividends to Romanian legal entities.


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INTEREST ON DEPOSIT IN KAZAKHSTAN 14 percent per year in 2017

Keeping some cash in your investment portfolio has always been important for both an emergency fund and to meet short-term goals. But in 2017, it will be even more important, since market volatility is expected to be higher than usual. You don’t want to be forced to sell stocks when you need cash in a down market.

The question is: Where should you put your savings in 2017 ?

One of the answers is : The Republic o Kazakhstan.

Minimum deposit amount USD 5000, EURO 5000 or KZT 750 000                                                           

Detachment with A1 form in Romania - procedure for A1 in Romania

Employee’s mobility is on many employers’ agenda for a wide number of reasons, including limited qualified resources and entering new territories. The procedure for detachment in Romania is one of Europe’s difficult cases and basically Romania looses a lot of taxes by a central agency that is working with a procedure that is contra productive and against migration to other regions in Europe. But with a lot of effort you will obtain your A1 form as employee or independent worker – PFA. We hope that the government will simplify the application to obtain European standards (e.g.

Micro company in Romania has a tax regime of 3 percent till 100.000 euro – taxes in Romania

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The micro company is a very interesting company as the tax levels are very low. It can be used to save money as it is a company it is fully legal (piggy bank). With this company you can invest and when you make the pension you simply dissolve it and then the remaining money will be transferred after legal dissolvation in conformity with law 31/1990 to your personal account.