Business Guide to Romania* - Bayern - Europa

Chapter 12 - PricewaterhouseCoopers in Romania
The Crisis Management network accounts for over 2,500
experts worldwide and around 10 in Romania.
For further information please contact:
Dinu Bumbacea (dinu.bumbacea@ro.pwc.com)
Emilian Radu (emilian.radu@ro.pwc.com)
Tax Services
PricewaterhouseCoopers Romania's tax advisory practice
comprises international and local tax experts, and
customs, VAT, individual taxation and human resources
specialists. This is the country's largest tax consultancy,
with specialists in all areas of tax, including:
Corporate Taxation. The Team has extensive experience
in advising clients based on Romanian laws and their
interpretation by tax authorities, as well as their
interrelation with international regulations and treaties.
PricewaterhouseCoopers' specialists are highly qualified
to advise on all aspects of inward investments in
Romania, and the structuring of those investments in
terms of profit tax, withholding tax, dividend tax and local
tax regulations. The team provides proactive advice on
international tax planning and structuring; mergers and
restructuring, and undertakes company health checks and
due diligence projects, as well as assistance with tax
authorities (during tax inspections, and lodging of
objections).
Indirect Taxation. With group members that include
specialists from Romania's Finance and Foreign Affairs
ministries, as well as the Customs Department,
PricewaterhouseCoopers' indirect tax specialists have
extensive experience in resolving complex issues related
to indirect taxes, customs procedures and foreign trade.
Services available include VAT consultancy and tax
reviews; VAT planning and efficiency schemes for
domestic and cross-border operations; assistance with
standard and fast VAT refund procedures; assistance
during tax inspections; support and advice during
appeals. Customs consulting includes tax planning for
minimising import duties; implementation of temporary
customs regimes; authorised exporter status and
simplified customs procedures implementation; use of
bonded warehouses and customs-free trade zones;
intellectual property rights; obtaining import/export
licences; assistance during customs clearance and audits;
support during customs litigation or complaints.
56 PricewaterhouseCoopers - Business Guide to Romania 2005
Human Resources Services. PricewaterhouseCoopers
HRS brings together all of the professionals working in the
human resource consulting arena - specialists in
individual tax, payroll, benefits, assessment, education,
equity, reward, staffing, regulatory, legal, and process
management - offering clients an unmatched breadth and
depth of local and global expertise. Available services
include individual advice, ranging from assistance with
obtaining work and residence permits, to advice and
assistance with all matters regarding Romania's personal
income taxation legislation; salary surveys; outplacement,
and human resources audit.
Legal Services
Legal Services are provided to clients by David & Baias,
PricewaterhouseCoopers correspondent, but fully
independent, law firm. Its lawyers are qualified to give
advice in a multitude of areas that include advising
multinational companies and local businesses on how to
structure their investments and activities in Romania, inter
alia foreign investments, banking, securities and financing,
privatisation, mergers and acquisitions, legal audit,
corporate structures, competition, trade practices,
intellectual property, and employment.
For further information please contact:
Rene Bijvoet (rene.bijvoet@ro.pwc.com)
Mihaela Mitroi (mihaela.mitroi@ro.pwc.com)
Edwin Warmerdam (edwin.warmerdam@ro.pwc.com)