In this video, the focus is on the crucial shift from Caen codes (NACE codes 3) to revision 3, highlighting significant changes like new classifications and the mandatory update process for Romanian businesses.

It's vital for companies to conduct a comprehensive review of their current operations and realign their codes with the latest standards.

"If you need assistance with this transition, feel free to reach out."

If, by the deadline of April 15, 2024, you have decided that you qualify for the application of the micro-enterprise taxation regime, and that you still opt for this regime, because:

The company is the only one that applies this regime among all Romanian legal entities in which an associate/shareholder holds, directly or indirectly, more than 25% of the value/number of participation titles or voting rights and was established by the associates/shareholders to apply tax on the income of micro-enterprises;