State aid in the GD no. 1680/2008 subventions in romania

Source : Applicant Guidelines for State aid in the GD no. 1680/2008 to establish a state aid scheme for ensuring sustainable economic development, as amended and supplemented, May 2011 

The submitted documentation must show that the state aid has a ˝ incentive effect˝ and meets one or more of the following criteria: 

renewable energy news july 2011

CIBR signs anexclusive import contract with a Belgian technology provider for infra redheating panels that consume less then 30 % energy in comparison withconventional energy sources.

Amendment of the VAT refund procedure

An Order has been published introducing new rules regarding the refund of value added tax ("VAT"). The main amendments brought by this Order are:

• The reimbursement decision will be issued within five days of submitting the VAT return in the following situations:
- The VAT refundable amount is equal to RON 10,000 or lower;
- The VAT returns are considered to be of low fiscal risk;
- The amount requested at reimbursement does not exceed the value of the Negative Individual Standard.

Recent VAT changes

Registration procedure for VAT purposes in the case of taxable persons with their place of business in Romania 

New Labour Code to enter into force in May - Romanian workers

Amendments to the Labour Code were published on 31 March 2011.

According to the new law, the provisions of the job description will become paramount in assessing the professional performance of any employee, which will prevent abuses from employers. Also, the new Labour Code stipulates that professional performance will prevail in case of disposals made due to the economic situation of a company, thus replacing the old provisions that social criteria had to be taken into consideration first when undertaking disposals.

The most important changes include:

From 2011 you can create a BVBA in Belgium with 1 Euro of capital

The minimum capital should be only 1 euro and capital must be raised only after five years.

The federal Cabinet has recently approved a draft Bill to introduce a new type of company. It is a private company with limited liability for starters, also called the Starter Bvba. The minimum capital is only 1 euro and is "tailored to young people who wish to start a business but lack the necessary capital, and for pensioners who wish to remain active and additional income for their retirement needs to add".

A development sector – Romanian agriculture and investments in Romania

Romania has the largest agricultural surface of Europe

Invest in Romania - agriculture in Romania - land offers Romania

PARADINFO April 2011 special edition on agriculture

Romania Opens up to Green Energy - renewable energy in Romania

What is meant by…..?

RES: Renewable energy sources
RES-E: Electricity production from renewable energy sources
RES-H: Production of heat and cold from renewable energy sources
Biofuels: Mainly includes biodiesel and bioethanol
Biomass: Includes solid biomass, biowaste and biogas
CHP: Combined Heat and Power
GWh: gigawatthour
ktoe: Thousand tonnes of oil equivalent
MW: megawatt
TWh: terrawatthour
PV: Photo-voltaic – technology for the production of electricity from solar energy

Business offices in Romania and company creation

New hosting location and offices in Buzau

January 1st, 20102011

The chamber laucnhed a new hosting complex in Buzau for offices and newly created companies in Romania. As the province of East Flanders, Belgium and the province of Buzau , Romania are twins the chamber has put the first incubation center in Buzau. This initiative has the full support from the Belgian site and the full support from the site of the province of Buzau in order to facilitate the start of new business.

Visit the website for more information.

Microenterprise 3% tax on profit is active from 1 january 2011 - Romanian company creation

RE-ESTABLISHMENT OF THE LEGAL PROVISIONS REGARDING MICROENTERPRISES

Starting 2011, the microenterprise tax regime is reinforced. Thus, the entities which meet certain criteria (among which, it should have between 1-9 employees and should record a turnover less than EUR 100,000) may choose to pay a tax of 3% of the revenues instead of 16% corporate income tax. The entities which obtain revenues from banking, insurance and reinsurance, gambling, consultancy and management activities cannot apply this tax regime and will continue to be subject to 16% corporate income tax.

The prices for agricultural land in Romania will double or triple in the next years

Romania has 9,7 million hectares and only 30% are used at this moment. Romania is currently supporting the restructuring of its agricultural industry towards a market economy. Only small changes in land use are expected. Self-sufficiency in cereals is expected to increase, consolidating their net export position. In the livestock sector,

AGRICULTURAL LAND in Romania at 1000 Euro for 1 hectare

AGRARLAND IN RUMANIEN 1000 Euro fur 1 ha
ROMANIA LANDBOUWGRONDEN 1000 Euro per hectare
TEREN ARABIL IN ROMANIA 1000 Euro pe hectare
AGRICULTURAL LAND in Romania at 1000 Euro for 1 hectare

We sell agricultural land at 1000 Euro/hectare (ex VAT)
Wir verkaufen agrarland in Rumanien 1000 Euro/hectare (ex mehrwertstuer)
Terenurilor agricole in Romania 1000 Euro pe hectare (VTA nu e inclus)
Wij verkopen landbouwgronden in Roemenie 1000 Euro/hectare (exclusief BTW)

Solar energy potential in Romania

Solar energy potential is given by the average solar energy quantity received in horizontal plane which is estimated at approximately 1,100 kWh/m2 per annum in Romania.

Romania's solar radiation map was drawn up considering the average, multi-annual data registered by the Romanian National Institute for Meteorology and Hydrology, processed and correlated with physical field observations and measurements conducted by specialized institutes. Considering the level of the registered solar energy flow, 5 geographical areas have been identified in Romania.

Biomass energy in Romania

Biogas situation in a larger context

Two main aspects need special attention:
a) energy- renewable energies
b) environment - Kyoto protocol

In 2003 from the total gas need of the EU 49% was based on internal production and 51 % was coming from abroad (manly Russia).
In 2030 the net import of gas will reach as much as 80 % of the total need. This is in fact the basis for the development of the a common energy policy at European
level.

Renewable energy sources in Romania - wind energy

Romania has a wide range of renewable resources: hydro-energy, biomass, solar energy, wind energy and geothermal energy sources. However, they are currently virtually unexploited, except fro hydro-energy which is converted into power both in small and large hydropower plants.

Romanian companies for sale - invest romania - romanian srl

We have several companies for sale that comply with the criteria to ask for structural funds - so gain 1 year or more by buying the shares - the companies are clean - we will do all actions for you and defend your interest as a client

Why invest in Romania?

IR Advantage

Bilateral agreements between Romania and other countries on investments promotion and protection (click here to view);
Bilateral diplomatic relations with 177 out of the 191 UN member states, plus the Holy See, the Sovereign Military Order of Malta and the Palestinian National Authority;
Member of the UN and other international organizations, like: OSCE, Council of Europe and International Organization of La Francophonie;
Free trade agreements with EU, EFTA countries, CEFTA countries;

Logistics and retail in romania in 2010

LOGIPLAN LOGISTICS AND RETAIL IN ROMANIA 2010

Nr. 07/2010 July and August

A special sectorial newsletter edited by : camera imobiliara belgia romania www.cibr.be for more information mail us at cibr@telenet.be

Logistic and industrial investment in romania

http://www.constructiv.ro

1. Is Romania still an interesting country when it comes to logistic and industrial investments? Why yes/or not?

Romania is still an interesting country when it comes to logistic and industrial investments.

Flat tax (16%) and the taxes on the salaries are the main competitive advantages of the Romanian system

First, to start a business in Romania we need to know where is placed the Romanian taxation system in relation to European and world context.

This, because there is a substantial difference between the new Member States and the "the old states”, from UE (Poland, Slovakia, Czech Republic, Hungary, Estonia etc). In many of the countries that joined the EU in 2004 income tax was reduced lately, Romania passing directly to an income tax cut.

Limited Liability Company (LTD) in Romania - societate cu raspundere limitata (SRL) in Romania

Limited Liability Company (LTD) in Romania - societate cu raspundere limitata (SRL) in Romania

You do not need to travel ! 

You can have your own Rumanian SRL without having to move.

We establish it from Belgium by proxy, which saves you enormous relocation expenses.

EU Subsidies in Romania for EU companies Stuctural Funds

Promotion and funding instruments

Future EU structural and cohesion policy turn three priorty goals: convergence, regional capacity to meet competition  and employment, and european economical cooperation.

Aids and Subsidies in Romania

When it comes to invest in a country such as Romania it is necessary to be informed about the available subsidies, about all the official bodies and the attempt to get as much possible subsidies for our investment project - implantation in Romania.

Each body has its requirements when it comes to be „eligible" for the correspondent subsidy.

There are business travel subsidies in Romania. There are subsidies for opening an office in Romania ... etc. ... etc.

La mejor inversión de producción (de 2 a X veces más alto que el capital inicial) en Rumania

El concepto

La mejor inversión que se puede dar en Rumanía es invertir en terrenos agrícolas y convertirlas en tierras para la construcción.

Las inversiones que se encuentran al principio de la cadena de valores tienen un mayor potencial que las más maduras. Sin embargo, se dice que las primeras poseen un mayor riesgo, aunque esto es solamente verdadero en parte.

Bestes Investment mit hoher Rendite (das 2- bis X - Fache des ursprünglichen Kapitals) in Rumanien

Das Konzept

Die beste Möglichkeit, mit hoher Rendite in Rumänien zu investieren ist ein Investment in bisher ackerbaulich genutztes Land, um es in Bauland zu verwandeln.

Investments ganz früh in der Wertekette besitzen ein viel höheres Potenzial als bereits weiter gereifte Möglichkeiten. Natürlich überlegt man es sich intuitiv, dass solch ein früherer Einstieg auch das höhere Risiko bedeutet. Das stimmt aber nur teilweise.

Syndicate content