Managing your Investments in Romania

18 November 2016

Baker Tilly in South East Europe has organised at its Nicosia Offices a successful seminar with the cooperation of the Romanian Embassy in Cyprus, on ‘How to Effectively Manage Investments in Romania’.

The seminar was attended by prominent personalities from Cyprus’ business world, who had the opportunity to be informed about tax issues, by qualified personnel on legal and tax services of Baker Tilly in Romania, Mr Andreas Nikiforides and Ms Cerasela Elena Dragos, who arrived in Cyprus, specifically for this seminar. Among other topics, the Legal Framework and Corporate Taxation in Romania, as well as property transfer methods from companies to individuals were presented.

Mr. Neophytos Neophytou, Head of Tax Services of Baker Tilly in South East Europe commented ''In the recent years, the Romanian market is offering to both Cypriot and foreign entrepreneurs using Cyprus for their business activities, major opportunities for investment, particularly in real estate. The purpose of this seminar is the continuous updating of these businesspersons for current tax and legal developments in Romania.''

It is worth mentioning that Baker Tilly in South East Europe commenced its operations in Romania in 2003. Today, Baker Tilly in Romania ranks No.7 on the industry and employs 50 professionals, offering a wide range of audit, tax and corporate management services to more than 500 companies.

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