Through  the Ordnance 25/August 30th, 2017 the lawmaker stipulates that, starting with January 1st, 2018, the expenses representing the value of the assigned debts, pursuant to the law, are deductible under the limit of a ceiling of 30% of their value. The reduction is significant, considering the fact that until December 31st, 2017 these expenses are completely deductible.

This newsletter is issued by ECOVIS Romania as an informing letter over the most important evolutions/changes in the legal and tax fields, and in the investment environment in Romania as well. The information, the analysis and the comments mentioned above are of generic nature and it is not the intention or the imperative of the issuer to be used as a substitute for professional consulting dedicated to individual cases. For advice concerning your specific situation, please contact us directly.

© ECOVIS Romania SRL – 2017