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Introduction

The implementation of SAF-T Romania will bring a significant transformation to tax reporting for non-resident taxpayers. Starting from January 2025, new compliance requirements will be in effect, and the initial filing deadline is set for February 28, 2025. This applies to all transactions carried out in January by non-resident companies registered for VAT. A grace period has been granted by the Romanian tax authorities until July 31, 2025, but failing to comply after this date may result in penalties of up to 1,000 EUR for late submissions.

Dividend Distribution in Romania from January 1, 2025

Entrepreneurs in Romania frequently ask about the timing of dividend distributions when starting a new company. They want to understand when they can access their company's profits through dividends. Shareholders aim to receive their share of profits as quickly as possible.

Romania is a country with great potential that has yet to be fully utilized. The country is actively working towards attracting direct investments and has recently implemented various measures to attract foreign investors.

Setting up a business in Romania is a straightforward process with extensive support from experienced local entrepreneurs. Foreign investors interested in Romania can reach out to us for assistance.

In this article, we will delve into the reasons for investing in Romania.

Double taxation presents a crucial challenge for entities operating across Romania and Belgium. To address this issue, both nations have established a Double Taxation Agreement (DTA) that effectively prevents income from being subject to taxation in both jurisdictions simultaneously. Let's explore how this agreement functions between these two countries in 2024:

Overview of the Double Taxation Agreement (DTA) between Romania and Belgium

In dit artikel presenteer ik een evolutie van de prijzen van landbouwgrond in Roemenië van 2003 tot heden. Ik wil aantonen hoe tijd bijdraagt aan de vermogensopbouw van grondeigenaren in Roemenië.

In 2003 bijvoorbeeld verdubbelden de prijzen voor grote percelen ten opzichte van het voorgaande jaar, vooral voor percelen groter dan 10 hectare: de prijs voor percelen kleiner dan 10 hectare lag tussen 100-300 euro/ha, en voor grotere percelen steeg dit naar 500-1000 euro/ha.

Farm for Sale in Romania

Foreign investors have shown increasing interest in acquiring farms in Romania. Currently, 47 percent of agricultural lands are owned by international investors. Romania offers a unique combination of fertile farmland, affordable prices, and rich cultural heritage. These factors make the country an attractive destination for those dreaming of owning their piece of land in a picturesque setting.

One of the common concerns for new entrepreneurs in Romania is the timing for a new company to distribute dividends. It is natural for business owners to be curious about the speed at which they can access their company's profits through dividends. Shareholders typically aim to receive their share of the profits at the earliest opportunity.

APIA grants play a crucial role in supporting Romanian farmers and agricultural development. These financial aids, provided by the Agency for Payments and Intervention in Agriculture (APIA), have an impact on the sustainability and growth of the country's agricultural sector. APIA grants offer essential support to farmers, helping them to manage their agricultural land and improve their farming practices.