Tax Advisory Services
THE SERVICES
GET IN TOUCH
The integration of tax services into a comprehensive multidisciplinary approach to the needs of our clients promoted us as one of the sole law firm active in Romania to offer built-in services and placed us among a very selected group of firms to provide this much needed combination of knowledge and resources.
We continuously earn our reputation for excellence by offering a comprehensive range of tax advisory services, focusing on direct and indirect tax. Starting with the last years, we have strengthened our capabilities in the area of transfer pricing, our team being comprised of recognized experts in the highly specialized area of tax litigation.
Our tax professionals include experienced economists, certified tax advisors, and tax lawyers. They produce a fusion of sophisticated economic and legal expertise and practical know-how focused on the unique needs and expectations of each client.
We team up with the legal practices across NNDKP to embed our tax expertise in the comprehensive advice offered to clients. Thus, our tax professionals are active members of the multidisciplinary teams proposed by our firm in sectors such as:
- advertising
- banking and finance
- capital markets
- energy and natural resources
- industrial and manufacturing
- pharmaceuticals and healthcare
- public procurement and PPP
- real estate
- technology
- telecommunications and media
AGENCY AND REPRESENTATION
Full range of representation services, focusing on value added tax, corporate income tax, and capital gains tax
ASSISTANCE IN RELATION WITH TAX AUTHORITIES
Communication with the Romanian tax authorities on our clients’ behalf during tax audits, as well as to obtain advance clearances and binding rulings on various tax issues
CUSTOMIZED TRAINING
We design and deliver tax training tailored to each client’s needs. Our training sessions focus on practical matters, not just theory, to help our clients deal with the day-to-day tax issues specific to their business.
DESIGN OF TAX PROCEDURES
We help our clients develop and improve the functioning of their internal tax systems by designing internal tax procedures and manuals.
We not only work closely with our clients to design and document procedures that are best for their organizations and business models, but also provide ongoing guidance and support during and after implementation of the improved tax procedures.
We do more than just advise on points of tax law. Our comprehensive, multidisciplinary approach and unsurpassed business knowledge translates for our clients into better management control and compliance as well as increased awareness of the substantial tax implications of day-to-day business operations.
TAX INVESTMENT AND TAX PLANNING
Providing several useful guidelines for the implementation of tax structures during the course of the investment, development, operational and exit phases.
“The hardest thing to undestand in the world is the income tax”
Albert Einstein
TAX COMPLIANCE
We help our clients manage their tax risks through a full range of Romanian tax compliance services. We not only give them greater confidence in their compliance practices, but we also can relieve them of the burdens of costly, time-consuming tasks such as data consolidation, preparing tax returns, and dealing with the tax authorities. For us, tax compliance is more than just following the rules.
The tax environment is changing rapidly in Romania and internationally and taxation systems are becoming increasingly complex. Our clients want to be sure that the tax base declared meets the legal requirements, in order to avoid undesirable tax penalties and costly tax disputes.
TAX RESTRUCTURING
Working closely with lawyers from practice groups across our firm, we help our clients assess and respond to the tax implications in mergers and acquisitions. We review and improve the full suite of restructuring documentation, such as merger plans and share and asset purchase agreements.
Our tax expertise and experience, combined with our firm’s traditional strengths in mergers and acquisitions, can create substantial tax savings for our clients, while also mitigating their tax risks.
TAX DIAGNOSIS
Our tax diagnosis service is a thorough tax position analysis, tax examines the most significant tax areas in each client’s business operations.
Our diagnostic findings and recommendations can help our clients to:
- discover ways to minimize potential areas of tax exposure
- identify and address tax savings and tax refund opportunities
TAX DUE DILLIGENCE
The tax due diligence process assesses the tax risks to which an acquisition target is exposed during the period subject to review.
Combined with tax structuring and tax planning solutions, tax due diligence is a comprehensive integrated examination that helps investors make tax-efficient investments.