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 cus<strong>to</strong>ms, 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 <strong>to</strong> 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 Cus<strong>to</strong>ms Department, PricewaterhouseCoopers' indirect tax specialists have extensive experience in resolving complex issues related <strong>to</strong> indirect taxes, cus<strong>to</strong>ms 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. Cus<strong>to</strong>ms consulting includes tax planning for minimising import duties; implementation of temporary cus<strong>to</strong>ms regimes; authorised exporter status and simplified cus<strong>to</strong>ms procedures implementation; use of bonded warehouses and cus<strong>to</strong>ms-free trade zones; intellectual property rights; obtaining import/export licences; assistance during cus<strong>to</strong>ms clearance and audits; support during cus<strong>to</strong>ms litigation or complaints. 56 PricewaterhouseCoopers - <strong>Business</strong> <strong>Guide</strong> <strong>to</strong> Romania 2005 Human Resources Services. PricewaterhouseCoopers HRS brings <strong>to</strong>gether all of the professionals working in the human resource consulting arena - specialists in individual tax, payroll, benefits, assessment, education, equity, reward, staffing, regula<strong>to</strong>ry, 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, <strong>to</strong> 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 <strong>to</strong> clients by David & Baias, PricewaterhouseCoopers correspondent, but fully independent, law firm. Its lawyers are qualified <strong>to</strong> give advice in a multitude of areas that include advising multinational companies and local businesses on how <strong>to</strong> 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)
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