Specific services include: corporate taxation, individual taxation, indirect taxation (VAT and excise duty); assistance in relation with tax authorities; financial and tax due diligence; financial, tax and legal audit; tax assistance in merging procedures; defining structure and managing complex data bases for large number of debtors; financial modeling for business planning and valuation; costs structure and costing; affordability studies, statistical data modeling; MIS models. |
Tax advice regarding the tax compliance with domestic rules for multinational and Romanian companies acting in various industries such as: finance, cosmetics, healthcare, logistics, IT&C, breweries, consumer goods, etc. |
Planned and supervised tax audits, tax limited reviews and subsequent tax consulting services for large companies, typically involving identification of all taxes applicable to the respective industry, review of each fiscal area, identification of areas of potential risks, tax advice to overcome the risks and take full advantages of the potential opportunities. |
Performed international tax planning for real estate, software developing, pharmaceutical and trading companies. |
Assistance during controls performed by fiscal authorities to companies acting in automotive, textiles, IT&C and food industries. |
Harmonization of the company’s procedures to comply with European legislation (VAT, Excise duty). |
Coordination of key projects: J-Sox, FIN 48, CFC, Transfer pricing, Corporate tax reporting. |
Coordination of business integration projects (tax and finance issues). |
Preparing several drafts of laws subsequently adopted by the Ministry of Public Finance. |
Active involvement in assistance provided by the business community to Ministry of Public Finance for preparing the first draft of Fiscal code and its guidelines. |
Prepared complex data base including financial and legal information to manage a portfolio of several thousand of debtors. |
Prepared the financial due diligence for several state-owned companies, acting in different industries (metallurgy, production of electrical engines and animal breeding production). Translation of financial statements according to IAS, financial due diligence, financial review, cost structure breakdown by business units for the restructuring of one of Romanian’s trucks manufacturer project. The projects were part of the World Bank’s program (PSAL) regarding the privatization of over 60 Romanian companies. |
Prepared the financial and operating review for utility companies, part in Financial and Operational Assessment reports for MELF program, regarding the co-financing from EBRD private loans and ISPA funds of investment projects for 6 counties and cities (generally investments in water and wastewater companies). |
Business consulting and MIS services to water companies in the EBRD’s financed program MUDP II. In charge with benchmarking and performance monitoring. |
Financial and operating review of the Constanta heating utility company for an investment project aimed to the rehabilitation of the district heating network, to be financed through an EBRD loan. |
Cost structure analysis and defining a financial model for monitoring production process to one of the most important companies acting in Production and trade of graphite electrodes and nipples, HP and UHP grade. |
Financial services to prepare the merger between a Romanian private company acting in food industry and other two state owned companies acting in the same industry. Main responsibilities included valuation and modeling activities. |
Financial advisory services to prepare a study requested by World Bank regarding the evolution of Romanian public social services in the last years. Main responsibilities included collection of the financial data, modeling activities. |
Planned and supervised tax due diligence for one top 10 Romanian banks. |
Nominee Director in Romania for a large multinational company. |
Assistance to a Romanian division of the largest German telecommunication services provider regarding the tax, payroll and commercial matters |
Tax consultant in the multidisciplinary legal-tax team designated for a series of tax litigation cases, including the indicative list below: |
Assistance to a transaction automation market leader in Eastern Europe and a major IT&C solution provider and developer, in a dispute for the annulment of the Tax Decision issued by the National Agency for Tax Administration amounting to approximately Euro 300,000. |
Assistance to a multinational pharmaceutical company, in a series of litigation cases for the reimbursement by tax authorities of wrongfully calculated claw-back tax; high success rate in assisted cases. |
Assistance to the Romanian subsidiary of an Indian-based multinational pharmaceutical company in a series of litigation cases for the reimbursement by tax authorities of wrongfully calculated claw-back tax and VAT; obtained reimbursement of both taxes. |
Assistance in few international arbitrage cases for large companies acting in construction and oil industries |
Assistance to the largest Belgian-based renewable energy market player, in a litigation case against the refusal of the tax authorities to reimburse VAT for unachieved green energy investments. |
Assistance to a Romanian company acting in theatre decoration in a litigation case by which the client claimed for the reimbursement by the tax authorities of VAT for previous periods. |
Assistance to Romanian division of a German global diversified retail and wholesale/cash and carry group on the tax implications afferent to a series of commercial and employment litigation in respect with claims from suppliers and/or former employees. |