Tax Registration and Compliance in Romania Made Simple

Are you planning to start a business in Romania?

Understanding the tax rules can seem overwhelming.

But, it doesn’t have to be.

This guide will help you understand tax registration and compliance in Romania.

This way, you can focus on growing your business without worrying about taxes.

Key Takeaways

• Romania has a flat tax system with a 16% corporate income tax and 10% personal income tax rate.
• The standard VAT rate is 19%, with reduced rates of 9% and 5% for specific goods and services.
• Companies must comply with strict accounting and reporting rules, including invoice requirements and maintenance of financial records.
• Tax registration and compliance deadlines are crucial, with VAT returns and payments due by the 25th of the following month.
• Penalties for non-compliance can be significant, ranging from fines to daily interest charges.

Overview of Romanian Tax System

Romania has a flat tax system.

The corporate income tax rate is 16%, and personal income tax is 10%.

The standard Value Added Tax (VAT) rate is 19%.

But, there are lower rates of 9% and 5% for some goods and services.

There’s also a 5% tax on dividends.

Property taxes range from 0.5% to 1.3% for non-residential buildings.

Romania offers tax breaks to encourage investment and innovation.

For example, there’s a 50% deduction for Research and Development (R&D) expenses.

The country has over 80 double taxation treaties to avoid double taxing income and assets.

The tax year in Romania is the same as the calendar year.

Tax payments are made quarterly by the 25th of each month.

This makes it easier for people and businesses to follow the tax rules in Romania.

The Romanian tax system aims to balance competitiveness and revenue.

It offers good opportunities for both individuals and corporate tax Romania.

The personal income tax Romania, value added tax Romania, and tax incentives Romania make Romania attractive for business and investment.

Tax Registration and Compliance Romania

Understanding taxes in Romania can be tough for businesses.

But, with the right help, it can be easier.

First, companies need to sign up with the National Agency for Fiscal Administration (ANAF).

They get a tax ID number and might need to register for VAT if they make over RON 300,000 a year.

Initial Registration Requirements

Foreign companies must register for VAT in Romania right away if they make taxable supplies.

This step is key to following the country’s tax rules. It also helps businesses keep track of the taxes they owe.

Compliance Timeline

• Quarterly corporate income tax payments are due by the 25th of the month after each quarter.
• Annual tax returns are due by May 25th after the tax year ends.
• Companies can choose a different fiscal year if it matches their financial year.

Knowing the first steps and keeping up with deadlines helps businesses feel sure about Romania’s tax system.

This way, they can meet all their tax duties.

Corporate Income Tax Obligations

Understanding corporate tax in Romania is key.

The corporate income tax (CIT) rate is a flat 16% on profits.

But, the tax filing and payment process has its own rules.

Companies must make quarterly payments.

These are based on last year’s tax or this year’s estimates.

The tax year is usually the calendar year, but you can choose another.

Annual tax returns are due by May 25th after the tax year.

Some expenses are not deductible for tax in Romania.

It’s wise to get help from tax experts for corporate tax compliance Romania and to follow tax filing rules.

Romania has tax breaks for companies that invest in technology. This can help businesses with their corporate tax filing Romania and corporate income tax Romania needs.

Value Added Tax (VAT) Requirements

In Romania, businesses need to know about VAT registration and filing.

The standard VAT rate is 19%.

There are also lower rates of 9% and 5% for certain goods and services.

VAT Registration Thresholds

Companies must register for VAT if their annual turnover is over RON 300,000.

Foreign companies making taxable supplies in Romania also need to register.

They have to do this within 10 days after the month they become liable.

VAT Filing and Reporting

Businesses in Romania file VAT returns monthly or quarterly, based on their turnover.

They must submit these returns and make payments by the 25th of the next month.

Companies doing business across EU borders also need to file EC Sales Lists and Intrastat declarations.

Understanding vat registration Romania, Romanian vat registration, vat compliance Romania, vat filing Romania, and Romanian vat rates can be tricky.

But knowing the rules helps businesses meet their VAT obligations in Romania.

Payroll Taxes and Social Contributions

In Romania, employers must handle payroll taxes and social contributions for their employees.

It’s important to know the Romanian fiscal code well.

This helps keep payroll in check and avoids fines.

The income tax in Romania is a flat 10% for everyone.

But, social security contributions can increase the total a lot.

These include:

• A 25% pension contribution, split between employer and employee.
• A 10% health insurance contribution paid by the employee.
• A 2.25% labor insurance contribution paid by the employer.

Employers might also have to add 4% to 8% to the pension for certain employees. This is for those in special or hard jobs.

Payroll taxes and social contributions in Romania must be paid by the 25th of the next month.

Keeping accurate records and making payments on time is key.

It ensures payroll compliance Romania and avoids fines.

For help with social security contributions Romania and labor insurance contribution, team up with a good payroll provider.

They should know the Romanian fiscal code and employment laws well.

Electronic Filing and Digital Compliance

Romania is moving fast towards a digital tax system.

Starting July 1, 2022, all high fiscal risk products must have electronic invoices.

The National Agency of Fiscal Administration (ANAF) is in charge of making e-invoicing work.

They are also introducing SAF-T, a system for sharing accounting data between taxpayers and tax authorities.

Digital Platform Requirements

Businesses in Romania need to meet digital platform rules for tax compliance.

They must be able to send electronic invoices correctly.

Not following these rules can lead to big fines.

These fines vary based on the size of the business.

Documentation Storage

Romania has strict rules for keeping electronic records.

Businesses must store these records for at least 10 years.

Not following this can result in fines.

These rules help reduce the VAT gap and make tax administration smoother.

Businesses in Romania can get help with these new rules from companies like Marosa.

They provide VAT reporting software and help with e-invoicing and SAF-T compliance in Europe, including Romania.

Tax Audits and Inspections

As a business in Romania, you might face tax audits and inspections.

These checks are key to making sure you follow tax rules and find any problems.

Knowing how tax audits work can help you deal with them well and keep good relations with tax authorities.

The Romanian tax authorities do both desk and field audits.

Desk audits look at your financial records and documents.

Field audits might include visits and deeper checks.

These audits can take weeks or months, based on how complex your case is.

To get ready for a tax audit, keep all your financial and business documents in order.

This means having everything from financial records to contracts ready.

Being well-organized and quick to respond during an audit shows you’re serious about following tax rules.

If you’re picked for a tax audit, getting tax audit support in Romania is a good idea.

A tax expert can guide you through the audit, make sure you meet all the rules, and speak up for you.

They can also spot any trouble spots and work with the Romanian tax authorities to fix any problems during the tax inspections.

Being proactive and working together can really help with tax audits and inspections in Romania.

By keeping detailed records, getting professional help, and being open, you can handle the tax audit smoothly.

This way, you can keep your business running smoothly without too much trouble.

Penalties and Enforcement Measures

Not following tax rules in Romania can lead to big fines and actions from the government.

One big mistake is filing taxes late, which can cost between RON 1,000 and RON 5,000.

Also, paying taxes late means you’ll face daily interest of 0.02% and a 0.01% daily fine on top of that.

For companies that have to pay Value-Added Tax (VAT), not filing VAT returns on time can cost between RON 1,000 and RON 5,000.

The Romanian tax authorities can take harsh steps like freezing bank accounts, taking assets, or starting legal cases.

This is for serious cases of not following tax rules and fiscal obligations.

Late Filing Penalties

To dodge these expensive fines, it’s key for businesses and people to meet all tax deadlines and report their taxes correctly.

Keeping up with tax duties helps keep a good relationship with the tax authorities.

This way, you avoid the bad outcomes of not following the rules.

Conclusion

Understanding the Romanian tax system is key to managing your taxes well.

Using tax advisory services in Romania can greatly help your business.

They can assist with fiscal representation in Romania, accounting outsourcing, and international tax planning.

As Romania updates its tax laws and adopts digital solutions, you need to keep up. Staying updated helps you follow tax rules better, avoid risks, and grow your business.

With the right tax optimization strategies, you can handle Romanian taxes confidently.

Good tax management is more than just following the law.

It’s about finding chances for your business to succeed.

Working with tax experts and staying informed can set your company up for success in Romania.

A Romanian law office can assist businesses in navigating the intricacies of VAT registration, payroll taxes, and digital compliance requirements, which are increasingly important as Romania moves towards a more digital tax administration system.

By leveraging the expertise of a Romanian lawyer, companies can effectively manage their tax obligations, avoid significant penalties for non-compliance, and take advantage of available tax incentives.

Engaging with a lawyer in Romania who specializes in tax law can provide crucial insights and guidance, ensuring compliance with the stringent regulations set forth by the National Agency for Fiscal Administration (ANAF).

In conclusion, partnering with a qualified legal professional is vital for any business operating in Romania.

This collaboration not only helps in adhering to the complex legal framework but also positions businesses for sustainable growth and success in a competitive market.

How to Appeal a Tax Decision in Romania: Legal Guide for taxpayers

Ever wondered how to challenge a tax decision in Romania?

The world of tax appeals can seem complex.

But it’s key to protect your financial interests.

This guide will help you understand how to appeal tax decisions in Romania.

If you disagree with a tax decision, knowing your options is crucial.

The National Agency for Fiscal Administration (ANAF) makes tax decisions.

But, you can challenge these rulings.

This guide will cover the legal framework and deadlines, helping you navigate tax litigation confidently.

Dealing with tax issues like receivable titles or VAT refund rejections?

Knowing how to appeal can greatly impact your finances.

Let’s explore how to contest tax decisions and safeguard your interests in Romania’s tax system.

Key Takeaways

• You can appeal various fiscal administrative documents in Romania;
• The appeal deadline is 45 days from the tax decision communication date;
• Specialized structures within the Ministry of Public Finance resolve appeals;
• Professional legal assistance is recommended for tax controversy in Romania;
• Appeals not resolved within 6 months may lead to tax act annulment requests;
• Courts can be approached if dissatisfied with the tax authority’s response;
• Reputable law firms offer expertise in Romanian tax dispute resolution.

Understanding Tax Decisions in Romania’s Legal Framework

Romania’s tax system is complex.

The fiscal code Romania sets the rules for taxes. Knowing these rules is key for taxpayers facing tax decisions.

Role of the National Agency for Fiscal Administration (ANAF)

ANAF is key in Romania’s tax system.

It issues tax decisions, collects taxes, and enforces laws.

ANAF’s actions greatly affect businesses and individuals in Romania.

Types of Contestable Tax Administrative Acts

Acts that can be contested include tax receivable titles, tax decisions, and rulings on taxation bases.

These acts are the basis for tax administrative contestation.

This is how taxpayers can challenge ANAF’s decisions.

Legal Basis for Tax Appeals in Romania

The Fiscal Procedure Code, specifically Article 268, is the legal basis for tax appeals in Romania.

It outlines the procedures for challenging tax decisions through the Romanian fiscal court system.

Taxpayers can appeal various decisions, including those related to VAT refunds and interpretation of legal provisions.

Tax evasion in Romania has severe penalties.

For damages up to €100,000, imprisonment ranges from 2 to 8 years.

Damages over €500,000 can lead to 9 to 15 years in prison.

Hiding assets and altering accounting documents are considered tax evasion.

Romanian courts give long prison sentences, especially for offenses over €100,000.

Key Components of a Tax Decision Appeal

The tax appeal process in Romania needs careful planning and detail.

When you challenge tax rulings, your appeal must include important parts.

Your appeal begins with your personal details.

This includes your name, address, and tax ID number.

Then, clearly state the tax decision you’re contesting, mentioning its number and date.

The heart of your appeal is the grounds for it.

Here, explain why you think the tax assessment is wrong.

You might point out errors in calculation, misinterpretations of the law, or procedural mistakes.

Supporting documents are key in tax appeals in Romania.

Collect all important receipts, contracts, and financial records that support your claims.

These documents help prove your points and add strength to your appeal.

Also, state what you want to happen next.

Do you want the tax decision completely overturned or just changed? Be clear about your desired outcome.

• Identification details;
• Contested tax decision reference;
• Grounds for appeal;
• Supporting documentation;
• Desired outcome.

Remember, you have 45 days after getting the Taxation Decision to appeal.

This deadline is crucial in Romania’s tax remedy procedures.

So, start preparing your case without delay.

Legal Rights and Obligations in the Tax Appeal Process

In Romania, taxpayers have specific rights and duties when appealing tax decisions.

Knowing these is key for good tax compliance and solving fiscal disputes within the Romanian tax area.

Taxpayer’s Fundamental Rights

Romanian taxpayers can appeal any tax assessment notice.

The Fiscal Procedure Code, approved by Government Ordinance no. 92/2003, explains these rights.

You’re entitled to know about your rights and duties during fiscal procedures.

Also, you have the right to be heard before a decision is made by the fiscal body, with some exceptions.

Documentation Requirements

When appealing a tax decision in Romania, proper documentation is essential.

You must give all needed information and documents for tax assessments.

This includes financial records, correspondence with tax authorities, and evidence supporting your appeal.

Remember, Romanian is the official language for tax administration.

So, translations of foreign language documents are required.

Representation Rights

You have the right to involve advisors during auditing procedures and throughout the appeal process.

Legal representation is crucial.

Romanian tax regulations change often, and tax authorities have a lot of administrative discretion.

How to Appeal a Tax Decision in Romania

Challenging tax assessments in Romania needs careful planning.

The process has several key steps.

These steps help make sure your challenge is effective and follows the law.

Initial Assessment of the Tax Decision

First, review the tax decision carefully.

Look for points you disagree with and gather evidence.

This step is crucial for your appeal.

Preparing the Appeal Documentation

Next, put together your appeal documents.

Write a detailed statement explaining why you disagree with the tax assessment.

Include all evidence that supports your case.

Submission Procedures and Requirements

Then, send your appeal to the right authority within 45 days.

Make sure you include all needed information and documents.

This helps avoid any issues with your submission.

Getting professional help is very helpful. From 2013-2017, only about 7% of fiscal disputes were won through appeals.

Expert advice can make a big difference in challenging tax assessments in Romania.

Critical Deadlines and Time Limitations

Knowing the tax appeal deadlines in Romania is key for taxpayers.

You have 45 days to appeal a tax decision after receiving it.

Missing this deadline means your appeal won’t be considered, so act fast.

For fiscal court appeals, you have six months from the administrative appeal decision date.

This longer time lets you prepare your case well.

To avoid missing deadlines, make a timeline right after you get a tax decision.

Administrative tax appeals need careful planning.

Start collecting documents and preparing your appeal early.

This way, you can handle any unexpected problems that might come up.

Remember, these deadlines are strict.

The Romanian tax system values quick responses.

Since 2023, Romania has worked hard to improve its justice system.

This might change how tax appeals are handled.

The Administrative Appeal Procedure

The tax appeal process in Romania is well-structured.

It’s vital for keeping taxes in order and handling disputes effectively.

Knowing this process helps taxpayers deal with the Romanian tax tribunal.

Preliminary Review Process

First, your appeal is reviewed.

This step makes sure all needed documents are there and filed right.

The National Fiscal Administration Agency (ANAF) checks if everything is complete and follows the rules.

Documentation Examination Phase

Next, your appeal and evidence are closely looked at.

Tax officials compare your case to tax laws.

This is a key step in deciding if your appeal is valid.

Decision-Making Process

Then, a team at the Ministry of Public Finance makes a decision.

They look at the findings and decide if to accept or reject your appeal.

If it’s rejected, you can appeal again to an administrative court.

In 2019, Romanian tax inspectors did over 10,000 inspections.

With ANAF’s extra payments of €1.3 billion in 2018, knowing the appeal process is key.

Companies with lawyers in administrative law often win their tax disputes.

Role of Tax Lawyers and Legal Representatives

Tax appeals in Romania need expert help.

Tax lawyers in Romania are key in understanding complex tax laws.

A Romanian law firm that focuses on tax can be very helpful during the appeal process.

Benefits of Professional Legal Assistance

Getting help from tax lawyers in Romania has many benefits:

• Expert knowledge of Romanian tax laws;
• Representation in appeal cases
• Help in making strong arguments;
• Better chances of winning.

Pavel, Margarit & Associates, a leading tax practice, has won big for clients.

They helped Farmec, Romania’s biggest cosmetics maker, overturn a €15 million tax decision.

Selecting Qualified Tax Appeal Representatives

When picking a tax advisory service in Romania, look at:

• Experience in Romanian tax law;
• Success in similar cases;
• Knowledge of the latest tax rules;
• The size and skill of the tax team.

Atrium Romanian Lawyers has a team of tax lawyers and advisors.

Possible Outcomes of Tax Appeals

When you deal with tax resolution in Romania, you should know what might happen.

Your appeals could lead to full, partial, or no admission.

If there’s full or partial admission, the tax authority might change or cancel your tax debt.

This is a key part of dealing with tax disputes in Romania.

If your appeal is turned down, you can take it to the administrative court.

This is a big step in the tax appeal process.

The court could look at your tax liability, penalties, or interest again.

This might lead to a better outcome for you.

At times, you and the tax authority might agree on a settlement.

This can be a good way to solve tax disputes without going to court for a long time.

The aim of tax resolution in Romania is to find a fair solution for everyone.

It’s important to know your rights and duties during the appeal process.

The National Fiscal Administration Agency (NAFA) is in charge of tax appeals.

They have rules and deadlines for handling tax disputes.

You need to follow these to have a good chance of winning your appeal.

What Is the Personal Income Tax Rate in Romania for 2023?

​What is the personal income tax rate in Romania for 2023?

This is a question that many people are wondering as the new year approaches.

The personal income tax rate in Romania is currently set at 10%.

The personal income tax is levied on all individuals who earn income from Romanian sources.

This includes wages, salaries, pensions, interest, dividends, and other forms of income.

The tax is levied at a flat rate of 10%, regardless of how much income you earn.

If you are a resident of Romania, you are liable for personal income tax on your worldwide income.

However, if you are a non-resident, you are only liable for personal income tax on your Romanian-source income.

The tax year in Romania runs from January 1st to December 31st.

This is different from the calendar year, which runs from January 1st to December 31st.

The tax year is the same as the fiscal year in Romania.

All taxpayers must file a personal income tax return by March 31st of the following year. For example, if you earned income in 2022, you must file your return by March 31st, 2023.

If you owe taxes, you must pay them by May 30th of the following year.

If you don’t file your return or pay your taxes on time, you will be subject to late fees and interest charges.

So it’s important to make sure that you do both on time!

The Romanian Tax Authority is responsible for collecting personal income taxes.

Calculating Your Personal Income Tax in Romania for 2023

​If you’re a resident of Romania and you’ve earned income in the country during the year, you’ll need to file a personal income tax return. The deadline for filing is May 31 of the year following the tax year.

For the tax year 2022, the Romanian government has set the following rates for personal income tax:

To calculate your personal income tax, you’ll first need to total up all your taxable income from all sources for the year.

This includes wages, interest and dividends, capital gains, and other types of income.

Once you have your total taxable income, you’ll apply the appropriate tax rate to calculate your tax liability.

If you’re owed a refund, the Romanian government will issue a cheque within 30 days of receiving your tax return.

If you owe taxes, you’ll need to pay by the May 31 deadline. The Romanian government offers a few different payment options, including online banking, credit or debit cards, and bank transfers.

Deductible Expenses Under Romania’s Personal Income Tax for 2023

​The Romanian government has published the list of deductible expenses under the personal income tax for 2023.

The following expenses are deductible:

1. Printing and photocopying costs
2. Internet costs
3. Mobile phone costs
4. Software licenses
5. Subscriptions to scientific journals
6. Home office expenses
7. Accountancy and legal services
8. Bank charges
9. Insurance premiums
10. Depreciation of assets
11. Rent
12. Repairs and maintenance
13. Donations
14. Tuition fees
15. Romania income tax

Filing Your Personal Income Tax Return in Romania for 2023

​Your personal income tax return is the document you use to declare your income and any other money that you received during the year.

This includes your salary, any interest or dividends from investments, and any other sources of income.

You’ll need to file your return by the end of April each year. If you’re self-employed, you have until the end of May to file.

In order to file your return, you’ll need a few things.

First, you’ll need your social security number.

You’ll also need your fiscal residence certificate.

This is a document that proves that you’re a resident of Romania for tax purposes.

You’ll also need to have your tax return forms.

These can be obtained from your employer or from the Romanian Tax Authorities.

Once you have all of your documents in order, you can start filling out your return.

 The first section is your personal information, including your name, address, and social security number.

Then, you’ll move on to the section about your income. Here, you’ll list all of your sources of income, as well as how much money you earned from each one.

After you’ve declared your income, you’ll move on to the deductions section.

Here, you’ll be able to deduct certain expenses, such as your health insurance premiums or your pension contributions.

Once you’ve taken all of your deductions into account, you’ll calculate your tax liability.

This is the amount of money you owe in taxes for the year.

If you’re due a refund, you’ll calculate that amount in this section as well.

Finally, you’ll sign and date your return, and mail it off to the Romanian Tax Authorities.

That’s it! Now you know how to file your personal income tax return in Romania for 2023.

How to Get Help with Romania’s Personal Income Tax Rate for 2023

​If you’re struggling to figure out how much you’ll owe in taxes for 2023, you’re not alone.

There are several tax calculators available online that can help you figure out your tax liability.

Additionally, the Romania Tax Authority offers a free tax consultation service for taxpayers who need assistance.

If you’re a business owner, you’ll also need to pay corporate income tax in addition to your personal income tax.

No matter how complex your tax situation may be, there’s help available to make sure you’re meeting your obligations.

By using a tax calculator and seeking assistance from the Romania Tax Authority, you can ensure you’re paying the right amount of tax for 2023.

Are There Any Other Taxes in Romania for 2023?

​If you are an expat living in Romania, you may be wondering if there are any other taxes that you need to be aware of in 2023. In addition to the income tax and VAT rate, there are a few other taxes that you may be liable for.

Here is a brief overview of the other taxes that you may be required to pay in Romania:

• Property Tax:

If you own property in Romania, you will be required to pay an annual property tax. The amount of tax you will need to pay will depend on the value of your property.

• Capital Gains Tax:

If you sell your property for a profit, you will be liable for capital gains tax. The tax rate on capital gains is 16%.

• Inheritance Tax:

If you inherit property from someone who has passed away, you may be required to pay inheritance tax.

The amount of tax you will need to pay will depend on the value of the property and your relationship with the deceased.

These are just a few of the taxes that you may be liable for in Romania. It is always best to speak to a Romanian tax advisor to ensure that you are aware of all of the taxes that you may be required to pay.

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In this article, we’ll explore Romania’s support scheme for renewable energy and how it can benefit companies operating in this growing sector.

Understanding Romania’s Support Scheme for Renewable Energy

Romania’s support scheme for renewable energy is designed to encourage the development of renewable energy projects in the country. The scheme provides financial and other types of support to companies that invest in renewable energy projects. The main objective of the scheme is to increase the share of renewable energy in Romania’s energy mix and reduce the country’s greenhouse gas emissions.

Eligibility Criteria for the Renewable Energy Support Scheme in Romania

To benefit from Romania’s support scheme for renewable energy, companies must meet certain eligibility criteria.

These criteria include:

• The renewable energy project must be located in Romania
• The renewable energy project must have a capacity of at least 1 MW
• The company must have a valid license to produce and sell electricity
• The company must comply with all environmental and health and safety regulations

Types of Support Available for Renewable Energy Projects in Romania

Companies that meet the eligibility criteria can benefit from various types of support under the scheme. These include:

• Green certificates: Companies that produce renewable energy receive green certificates for each MWh of electricity they generate. These certificates can be sold on the open market to other companies that need to meet renewable energy quotas.
• Feed-in tariffs: Companies that produce renewable energy can also benefit from feed-in tariffs. These tariffs guarantee a fixed price for the electricity generated by the project for a set period of time.
• Tax exemptions: Companies that invest in renewable energy projects can benefit from various tax exemptions, including exemptions from VAT and income tax.

Challenges and Opportunities of Romania’s Renewable Energy Support Scheme

While Romania’s support scheme for renewable energy presents many opportunities for companies, there are also some challenges to consider. One of the main challenges is the complex application process, which can be time-consuming and require significant resources.

However, for companies that are able to navigate the application process, the support scheme presents many opportunities. These include:

• Access to financing: Companies that receive support under the scheme can benefit from access to financing from banks and other financial institutions.
• Increased profitability: Companies that invest in renewable energy projects can benefit from increased profitability, as renewable energy projects are often more profitable than traditional energy projects.
• Environmental benefits: By investing in renewable energy, companies can help reduce Romania’s greenhouse gas emissions and contribute to a cleaner and more sustainable future.

Implementation of Romania’s Renewable Energy Support Scheme

The implementation of the support scheme is overseen by the Romanian Energy Regulatory Authority (ANRE).

ANRE is responsible for ensuring that companies comply with the eligibility criteria and that the support is distributed fairly and transparently.

The Romanian government is also playing a key role in implementing the support scheme. The government has set targets for the share of renewable energy in Romania’s energy mix, and is implementing policies and regulations to encourage the development of renewable energy projects.

How to Take Advantage of Renewable Energy Law in Romania

Renewable energy law in Romania presents many opportunities for companies operating in the renewable energy sector. By investing in renewable energy projects, companies can benefit from access to financing, increased profitability, and environmental benefits.

However, navigating the complex regulations surrounding the support scheme can be challenging. That’s why it’s important for companies to work with experienced attorneys who specialize in Romanian Energy Law.

With the right guidance, companies can take advantage of the opportunities presented by Romania’s support scheme for renewable energy and contribute to a cleaner and more sustainable future.