Corporate Taxation

PwC has the largest Tax advisory and compliance team in Romania, committed to adding value to our clients' businesses through actively suggesting innovative solutions to taxation issues. Our advice also refers to various aspects of investments into Romania, corporate structuring of investments and trading activities, in respect of profit tax, withholding tax, dividend tax and local taxes regulations.

Our team has extensive experience in advising our clients based on the Romanian laws and how are they interpreted by the tax authorities, as well as on how these laws interrelate with international regulations and treaties. Thus, we provide our clients with local corporate tax advice within an international context. Our dedicated industry teams have in-depth knowldege of the specific issues affecting your business.

The Corporate Taxation Department of PwC offers the following types of services in Romania:

• General Tax Advice
  • Analyses of the clients' transactions, contracts, investments etc.;
  • Tax optimisation of the client's fiscal and financial activity;
  • Identify potential exposures of our clients and find solutions for effective minimisation of risks.
• Transfer Pricing International
• Corporate Tax Compliance Services
• Tax Planning and Structuring
  • Tax advice with respect to organisation of multinational groups in a tax efficient manner, and assistance in the implementation of the advice.
• Mergers & Acquisitions
• Financial Services
  • Providing tax advice and assisting the clients in the fields of banking, leasing, insurance or capital markets and obtaining authorizations/notifications from the NBR in respect of hard currency operations.
• Real Estate
  • Advice in relation to structuring the investment, suggesting financing options, analysing corporate tax implications under different scenarios, as well as recommending an efficient exit strategy.
• Tax Accounting Services
  • Maintaining the accounting records, preparing and submitting the financial statements and tax returns.
• Tax reviews
  • Assessing the company's general compliance with the relevant Romanian tax legislation.
• Assistance with tax authorities
  • Assistance during the tax audits;
  • Objections to control minutes;
  • Drafting letters to the tax authorities.