The dissolution of the company concerns the operations that generate the process of cessation of the existence of the commercial company and which provide the premises for the liquidation of the social patrimony.
The Dissolution of companies
Business Plan Stage
We at Adeco – Development Advisory & Consultancy Services consider that any initiative to invest, in order to record results, must begin with a consultative process as we support and encourage entrepreneurship.
What is a NDA?
NDA- nondisclosure agreement
One of the first things you discover in owning a business is that you cannot avoid certain types of legal documents. Nowadays the security of information, ideas and prospects can only be considered with great care. Links between business partners, plans or ideas may mark a winning or a loss.
Credits standards for households
According to the Bank Lending Survey published by the National Bank of Romania, in 2017 Q2, banks tightened significantly credit standards for loans for house and land purchase as well as for consumer credit. Credit institutions pointed to the following determinants behind this evolution: the NBR’s monetary policy decisions or prudential measures, expectations regarding general economic context, requirements concerning the level of indebtedness, expectations regarding households’ financial standing and the risk on borrower’s creditworthiness.
Common Consolidated Corporate Tax Base
What is the Common Consolidated Corporate Tax Base (CCCTB)?
The Common Consolidated Corporate Tax Base (CCCTB) is a single set of rules to calculate companies’ taxable profits in the EU.
NBR: Inflation Report
Developments in inflation and its determinants
The annual CPI inflation rate consolidated in positive territory, reaching 0.85 percent in June, after having posted a notable increase in Q2 (+0.67 percentage points versus end-Q1). Its path reflected upward domestic pressures, arising from the pick-up in companies’ production costs, whose pass-through into end-user prices for consumer goods is favoured by the opening of the positive output gap.
VAT refunds
Cross-border VAT refunds for EU businesses
Most businesses who incur VAT in connection with their activities in an EU country where they do not habitually supply goods/services (and so are not required to register for VAT) are nevertheless entitled to deduct that VAT (Articles 170-171 a VAT Directive).
Industrial production and production in construction
Industrial production up by 1.3% in euro area and up by 1.2% in EU28
In May 2017 compared with April 2017, seasonally adjusted industrial production rose by 1.3% in the euro area (EA19) and by 1.2% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In April 2017 industrial production rose by 0.3% in euro area and by 0.1% in the EU28. In May 2017 compared with May 2016, industrial production increased by 4.0% in both zones.
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Monetary indicators – June 2017
National Bank of Romania has published the monetary indicators. At end-June 2017, broad money (M3) amounted to RON 321,759.6 million, up 0.1 percent (0.1 percent in real terms) month on month. In year-on-year comparison, broad money rose 9.0 percent (8.1 percent in real terms).
NBR: monetary policy
The annual inflation rate advanced to a slightly higher-than-projected 0.64 percent in May 2017, after resuming in April the growth that had been discontinued in March 2017 (0.61 percent, against 0.18 percent). Behind this stood chiefly the step-up in core inflation and the slower negative growth of administered prices, as well as the rise in volatile food prices. The effects of these determinants were partially offset by the impact of slower annual fuel price dynamics, amid a renewed decline in the global oil price.