Representative offices of foreign companies in Romania

Antonescu, Mihail and Antonescu, Ligia (2015): Representative offices of foreign companies in Romania. Published in: International Journal of Business Quantitative Economics and Applied Management Research , Vol. 2, No. 5 (October 2015): pp. 99-106.

Abstract

In order to promote commercial interests in Romania, foreign companies and economic organizations can establish a representative office in Romania. Representative companies and foreign economic organizations operate in Romania under an authorization procedure established by the Ministry of Economy, Trade and Tourism. These institutions unfold activities on behalf of the companies they represent, often having an intermediary role between foreign companies and partners in Romania.

• Item Type: MPRA Paper
• Language: English
• Keywords: Representative offices, tax Registration, tax return, foreign companies
• Subjects: H - Public Economics > H2 - Taxation, Subsidies, and Revenue > H25 - Business Taxes and Subsidies

References

1) Law no. 571 / 2003 on the Fiscal Code, as amended and supplemented;

2) G. D. no. 44 / 2004 for the approval of the Methodological Norms for applying the Law no. 571 / 2003 on the Fiscal Code;

3) Decree-Law no. 122 / 1990 on the authorization and operation in Romania of representative offices of foreign companies and economic organizations;

4) O.M.F.P. no. 1230 / 2006 on the organization and management of accountability by representative offices;

5) The application of conventions of double taxation avoidance concluded by Romania with other states, M. Antonescu, L. Antonescu, Sitech Publishing House, Craiova, 2014