Rates

Fees for related fiscal-accounting services:

• Reactivation of a company declared fiscally inactive – 1000 – 5000 RON
• Removal of fiscal clearance certificate (individual/legal entity) – 250 RON
• Re-registration for VAT purposes (code canceled ex officio by tax authority) – 500 RON
• Preparation of annual accounting balance sheet (inactive/no activity company) – 500 RON
• Preparation of voluntary liquidation balance sheet – from 500 RON
• Simplified installment plan for tax obligations – from 250 RON
• Preparation of Single Tax Return for individuals earning income from rents, dividends, copyrights, etc., excluding salaries – from 300 RON
• Purchase of unified control register / fiscal evidence register – 150 RON
• Obtaining ITM password and submitting Revisal – 100 RON
• Opening individual employment contract – 100 RON
• Termination of individual employment contract – 100 RON
• Additional acts to individual employment contract/mandate – 30 RON
• Registration of mandate contract – 100 RON
• Termination of mandate contract – 100 RON
• Suspension of individual employment contract – 50 RON
• Salary/dividend income certificate – 50 RON
• Submission of documentation to the Health Insurance House for reimbursement of medical leave amounts – 250 RON/month/employee
• VAT registration / obtaining special VAT code – 250 RON
• Cancellation of VAT code – 250 RON
• Exchange of VAT certificate (change of registered office) – 150 RON
• Modification of tax status profit tax/micro-enterprise/VAT/copyrights/other taxes (filing form D700 with tax authorities) – 150 RON
• Obtaining derogatory regime from tax authorities – exemption from filing declarations for up to 3 years by companies no longer carrying out economic activity and having no outstanding payment obligations – 500 RON

Before deciding to collaborate with an accountant, it is essential to understand the fiscal obligations of a business and what penalties may be applied if these are not respected. Choosing a competent accountant is not just a formality, but a crucial step to avoid financial sanctions and legal issues.

We present for your information some of the sanctions applied by the tax authority (ANAF) valid in 2025, for non-compliance with fiscal-accounting obligations:

• Failure to submit or late submission of the balance sheet may attract the following fines and sanctions from ANAF, based on Accounting Law no. 82/1991:

1. If the company is a micro-enterprise, it may lose its micro status
2. ANAF may apply fines as follows:

• Delay between 1 and 15 working days: fine from 300 RON to 1,000 RON;
• Delay between 16 and 30 working days: fine from 1,000 RON to 3,000 RON;
• Delay over 30 working days: fine from 1,500 RON to 4,500 RON;
• Starting January 1, 2025, all companies, including small ones, are required to submit the Informative Declaration D406 (SAF-T). This involves electronic transmission of accounting data to ANAF, thus facilitating monitoring and fiscal control. Failure to comply with this obligation may lead to:

1. Fine between 1,000 and 5,000 RON for failure to submit the declaration on time;
2. Fine between 500 and 1,500 RON for incorrect or incomplete submission of the declaration.

• Late submission or failure to submit tax declarations:

If you fail to submit a declaration on time, you risk being fined. The amount of fines depends on the type of declaration:

1. Fine from 500 RON to 1,000 RON for small taxpayers and from 1,000 RON to 5,000 RON for medium and large taxpayers
2. Carrying out intra-community operations without prior request of intra-community VAT code – Fine from 1,000 RON to 5,000 RON

• Electronic invoice (RO E-Invoice):

Failure to fulfill the obligation of transmitting invoices in the national RO e-Invoice system by the issuer, as well as receiving and registering invoices issued by Romanian economic operators without being received in e-Invoice, constitutes an offense. This will be sanctioned with a fine equivalent to 15% of the total invoice value, based on Government Emergency Ordinance no. 120/2021.

• For late payment of taxes, ANAF charges penalties according to the Fiscal Procedure Code:

1. Late payment penalties: 0.015% for each day of delay
2. Penalties for failure to declare or incorrect declaration: 0.1% for each day of delay

• Cash balance exceeding the legal limit, based on Law 70/2015 amended by Law 296/2023:

If the cash amounts exceed the limit of 50,000 RON, they must be deposited into bank accounts within two working days.

Note: Exceeding this limit is allowed only with amounts related to salary payments and other employee rights, as well as other operations with individuals, but not for more than 3 working days from the payment due date.

Fine of 25% of the amount collected/paid or held in cash exceeding the 50,000 RON limit, but not less than 500 RON.