The determination of the tax
Any foreign legal entity that has a representative office authorized by law to operate in Romania is obliged to pay an annual fee to the Romanian state. The tax due for the authorized representation in Romania, for a fiscal year, is equal to the equivalent in Lei of the amount of 4,000 Euros, at the exchange rate communicated by the National Bank of Romania on the date of making the payment to the state budget.
In the case in which the legal person is a foreign applicant for authorisation for the operation of, or require the termination of the authorisation for the operation of the representative office in Romania for a period of less than a year, the tax rate applicable shall be calculated by reference to the number of months from the approval of the current fiscal year.
The declaration and payment of income tax
The taxation of representative offices is carried out in two equal amounts, up-to-date on the 25th of June, and not later than the 25th of December.
Any foreign entity which is exempt from tax on the representative office in the Usa is required to submit a declaration to the relevant tax authority by the last day of the month of February, in the year of the tax.
To any people, companies, which require the approval of the functioning of the times, which calls for an end to the authorization of the representation of the eu, at the time of the tax year it is required to file an income tax return to the competent tax authority within a period of 30 days from the date on which the representative has been authorized, or in which the authorization for the operation of the stop.
