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As part of our integrated approach on legal and business matters, aimed at tackling any issue that may arise therefrom, we provide tax advice on direct and indirect taxes and social contributions. We have assisted clients with respect to tax structuring of transactions and activities, effective tax planning, as well as during tax disputes on matters pertaining to corporate tax, income tax, VAT, social contributions, excises, and local taxes.
Our practice also includes customs warehousing, customs proceedings and duties, customs related inspections and dispute resolution. Our expertise covers the following:
? General tax advice, including for restructuring of debts and arrears, covering matters such as taxation of companies, value added tax, excise duties, tax on non-residents’ income, taxation of individuals, taxation of local interest public services, local taxes, the conventions for the avoidance of double taxation
? Specialized tax assistance during the inspections carried out by the tax authorities and representation in relation to tax authorities
? Legal assistance and representation in carrying out the legal procedures for challenging the inspection reports and the tax notices and any documents issued by the public tax authorities
? Legal assistance and representation in the pre-litigation and litigation procedures generated by the inspections of the Romanian Court of Accounts
? Legal assistance and representation before the courts of law in Romania in disputes regarding tax issues
? Legal assistance, advice and representation as regards the financial corrections applied in the procedures for accessing European funds, etc.
Back to Practice Areas »Advising an important supplier of thermal energy throughout the process of changing its legal form from autonomous public services undertaking to joint-stock company, followed by the merger of the latest with another operator in the same field of activity
Advising and representing a bank in Romania affiliated to an important Greek financial group in connection with its day-to-day activities
Advising and representing one of the largest international concession and constructions groups on the setting up of two affiliated companies in Romania, and providing legal advice in connection with the day-to-day activities of the Romanian affiliates
Advising and representing the companies, the associations and the trusts belonging to an important local group of commercial and not-for-profit entities operating in various sectors in connection with their day-to-day activities, including in connection with cross-border acquisitions and de-mergers
Advising and representing an important general contracting company from Middle East in connection with its participation in the privatization process of the largest Romanian manufacturer of power transformers and rotating electrical machines (listed company) and carrying out all activities for closing the acquisition of the majority shareholding in the privatized company, the transaction value being of approximately EUR 90mn; providing legal advice and representation in the post-privatization phase in connection with the day-to-day activities of the privatized company (i.e. share capital increases and decreases, participating in joint-ventures, creating encumbrances, post-privatization assistance), including in connection with the restructuring of the privatized company (drafting the reorganization plan; providing legal advice and representation in the relationship with the labor unions; advising on the outsourcing and/or the divestiture of certain activities performed by the privatized company, including for drafting and negotiation the transaction documents; providing legal advice in connection with the procedures aimed at settling the arrears of the privatized company and in connection with the litigations brought by the National Agency for Fiscal Administration)
Advising and representing the Romanian subsidiary of an important Greek health care services supplier in connection with its day-to-day activities, including representation before any court or arbitration body, representation in the relationships with public authorities, legal advice for drafting commercial agreements (i.e. service agreements with clients and suppliers; partnership agreements pertaining for various projects), advisory and representation in connection with media activities such as right of reply
Advising and representing the Romanian subsidiary of one of the largest construction and civil engineering companies in Israel in connection with its day-to-day activities, including in connection with acquisitions of shares in other companies
Advising and representing the Romanian subsidiary of a leading Greek retailer of consumer goods in connection with its day-do-day activities, particularly in connection with the relationships with its business partners
Advising and representing a local provider of health care services in connection with its day-to-day activities, including in connection with the regulations applicable in the health care sector
Advising and representing the largest Romanian cigarettes manufacturer in litigations regarding the state aid granted on the occasion of privatization and involving claims of over RON 1bn
Advising an important Italian provider of health care services on the setting up and the licensing of its Romanian affiliate operating in the hospital business, including representation before the Ministry of Health and the Public Health Division in connection with hospital’s licensing and accreditation procedure; advising the Romanian newly created company in connection with its day-to-day activities, including in connection with specific projects (i.e. the share capital increase by EUR 6mn within the operation of claims compensation with shares issued by a company managing a private hospital in Romania)
Advising and representing a local operator in the field of water capturing, treatment, transport and distribution in challenging a fiscal decision, including by drafting the complaint against the control report
Advising an important Romanian company operating in the coal mining and energy production throughout the privatization of certain of its strategic assets by way of implementing green field/brown field investment projects – i.e. the setting up of an IPP joint-venture (Independent Power Producer) for building a combined-cycle power plant and a micro hydropower plant
Advising and representing the Romanian subsidiary of an important Austrian company operating in the field of steel construction, steel hydraulic engineering and energy technology in challenging and suspending the execution of a tax assessment
Advising and representing one of the largest retailers in Romania, a company affiliated to the second-biggest operator in the European cash & carry and wholesale supplies sector, in connection with an investigation initiated by the Competition Council, as well as in connection with its day-to-day activities
Advising the Romanian subsidiary of one of the worldwide leading groups operating in the field of industrial gases, engineering and pharmaceutical and medical gas solutions, in connection with its acquisition of 100% shareholding in the largest distributor of respiratory medical devices in Romania, including legal advice in the post-acquisition phase; advising and representing the client in connection with its day-to-day activities
Advising a local research institute in the field of railway engineering and constructions in connection with its day-to-day activities, including in connection with all forms of share capital increases (in-kind, in cash, by compensation of receivables, in all cases new shares being issued and preemption rights being exercised), and in connection with all post-privatization related matters
Advising a leading private rail freight transport company in connection with its participation in the privatization process of the largest Romanian rail freight carrier, including by conducting the legal due diligence investigation, providing legal advice throughout the negotiation and signing of the transaction documents, and drafting the documentation pertaining to the notification of the contemplated transaction to the Competition Council
Advising and representing a company within one of the largest Romanian privately-owned groups with activities in the agro-industrial field before the tax authorities in suspending the administrative fiscal act pertaining to a tax inspection
Advising and representing the Romanian subsidiary of one of the foremost Spain based multinational group operating in the field of civil engineering, constructions, industrial projects and concessions, in connection with its day-to-day activities
Advising the Romanian subsidiary of in important German provider of financial services for small- and medium-size enterprise in connection with its day-to-day activities, including in connection with share capital increases
Advising and representing the Romanian subsidiary of an important Israel based, multinational group operating in the engineering and construction fields on its merger with two water supply and sewerage companies, including by providing legal advice in notifying to the Competition Council the subsequent economic concentrations and obtaining the merger clearance, as well as by providing legal advice and representation in connection with the day-to-day activities of the client
Advising and representing the Romanian subsidiaries of a British multinational company ranking among the leading oil and gas companies worldwide, in connection with their day-to-day activities
Advising a private company operating in the agricultural field on certain tax related matters
Advising a Romanian company operating in the electric energy generation field in connection with a share capital increase by compensation of receivables
Advising and representing a Romanian company operating in the milling and bakery field before the tax authorities in connection with a giving in payment procedure, as set forth in the Fiscal Procedure Code
Advising and representing a Romanian supplier of health care services in connection with its day-to-day activities, including in connection with the regulations applicable in the health care sector
Advising the Romanian affiliate of an important Italian manufacturer of medical devices in connection with its participation in the privatization process of a Romanian listed company operating in the same field, and performing all activities for closing the acquisition by the client of the majority shareholding in the privatized company in a transaction amounting to EUR 15mn; legal advisory and representation in the post-privatization phase in connection with the day-to-day activities of the privatized company, including in connection with the share capital increases, the merger between the privatized company and the Romanian affiliate of the Italian manufacturer, the overseeing of the relationship with the minority shareholders, drafting all capital market related reports and liaising on behalf of the client with the capital market institutions
Advising and representing a major Romanian producer in the chemical industry in Central and Eastern Europe, in connection with its day-to-day activities, including in connection with complex transactions and matters such as: the acquisition of certain assets from the most prominent oil and gas integrated company in South East Europe in an asset deal amounting to EUR 13mn; obtaining state aid clearance from the European Commission; disputes with minority shareholders
Advising the Romanian salt mining and processing company in connection with its day-to-day activities, including in connection with complex transactions (i.e. preparing the company for privatization-restructuring-reorganization, the execution of asset deals)
Advising and representing the Romanian affiliate of one of the largest company in the European market for natural gas production, transport and distribution, in connection with its merger with the Romanian affiliate of an important European energy company, as consequence of the cross-border merger leading to the establishment of one of the most prominent energy groups worldwide, including the provision of legal advice and representation in connection with the day-to-day activities of the Romanian affiliates after the completion of the merger
Advising a consortium of investors in connection with its participation to the privatization procedure of a local research institute in the field of aerospace and performing all activities for closing the acquisition by the client of the majority shareholding in the privatized company; legal advice and representation in connection with the day-to-day activities of the privatized company