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Bucharest
October 28, 2020
BUSINESS

Romania’s image promoted abroad by Prince Charles, Ivan Patzaichin and Dracula

The flat tax charged to companies will replace the 3 pc turnover tax or the 16 pc profit tax and will be thrice lower than the tax amount they are paying now, Mediafax quoted Minister Delegate for S&MEs, Tourism and Business Environment, Maria Grapini, as saying, who added it will be “the most ethical way of payment”, since each field is given the chance to make certain revenues and different profit rate. In the case of hotels, the study take into account an occupancy rate of 30 pc, function of which a flat amount was calculated to be paid by each lodging unit. The tax will take into account the location, rural or urban, area (in Bucharest’s case), seasonality, occupancy rate, number of stars and rooms. The flat tax will come into effect from July 1 and will only be applied to boarding houses, hotels, restaurants, beauty parlors and carwashes.
The minister also mentioned that some hotel owners on the southern Black Sea seaside abandoned investments, which dents the image of all holiday resorts in the area. She also said that legislative changes will soon be operated, leading to creation of national interest areas to have investment priority.
Referring to Romania’s image being promoted abroad, Minister Grapini said it would be made by such international figures as Prince Charles or Ivan Patzaichin, and legends including Dracula. “We have found a deadlocked project which we’ve freed, and entered into a partnership with the Travel Channel, which will air two film episodes on Romania,” said Grapini, who explained that some names known Europe-wide should be chosen to speak about Romania.

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