The Government approved a change of the Fiscal Code that will allow micro-enterprises to opt between paying a 16 pc tax on net profit, or a 3 pc tax on incomes. The measure has been agreed with the IMF and the EC, Mediafax reports. As of January 1, 2011, a company may opt for either of the two taxes, if it meets the conditions for being a micro-enterprise: annual turnover under EUR 100,000 and up to 9 employees.
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
Choosing this option will immediately limit the number of advertising
partners who will serve you with relevant adverts following your
browsing patterns, although you may still see some advertising that has
been tailored to you.
However, if you wish to disable cookies on Nine O'Clock, including
advertising cookies, you will need to take further steps. Please follow
the instructions in our cookie policy.
Note: these settings will only apply to the browser and device you are
currently using.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.
More information about our Cookie Policy
