Romania: Country & Cooperation Opportunities

Ladies and gentlemen,

First of all, a short presentation of Romania, country and economy and its recent and previous evolution and performances:

From the point of view of easiness of doing business, in the present Romania is ranked among first 40 countries worldwide, climbing more positions in the last few years.
The attractiveness of doing business in Romania is based on many facts and factors, out of which the level of tax payment that is the second best among the countries from the south east region of Europe, the simplification of the process of starting up a business and the significant reduction of the number of taxes due to be paid.
Romania has one of the lowest dividend taxes, namely 5%, an usual company is being taxed in general, with 16% on their volume of profit.
For the case that the respective companies are classified based on their size, as microenterprises, they are benefiting of even more advantageous taxes and conditions (for example 1% up to 3% from the volume of their turnover).
A lot of important international companies like Huawei, Microsoft, Daimler, Aerotec, Renault, Continental a.s.o. have set up their businesses in Romania, as a result of the favorable, predictable and stable business environment and the related advantages in Romania.
Regarding the evolution of the macroeconomic key indicators of Romania it is to say that the growth rate of the GDP was of 3.8% in 2015, of 5% in 2016 and the forecasts for 2017 and 2018 are that it will exceed 5%. The unemployment rate is of abt. 6.5% and is also developing in a favorable way, that is to say is lowering. The inflation rate das dramatically dropped down, down to almost negative values recently.
The general VAT has dropped down from 20% before 2017 to 19% beginning with 1st of January 2017 and will diminish to 18% beginning with 2018. There are also diminished values of the VAT rate, namely of 9% and 5%. The 9% VAT is applying for certain goods and services, among which food, restaurant and catering services and also accommodation services. The 5% reduced VAT is applying for cultural products and services, such as: books&magazines, cinema, museums, expositions and cultural events tickets.

You can see that the situation in Romania has considerably improved in the last few years, and hence there are additional possible opportunities with regard to our country, by comparison with the past situation.

Depending on your interests in our region, we would be glad to collaborate and contribute in your possible specific projects regarding Romania.

Herein below, our short presentation and details to our cooperation proposal for you and for your clients, as well:

Euro Support (www.eurosupport.ro), is a Romanian company established in 2004 with a considerable amount of experience in structural non-reimbursable EU funds and Romanian governmental funds, but in the analysis of the companies’ internal and external environment as well (Marketing analysis, Business plans etc.).
We have contacts with European partners whom we are representing, with a view to provide and distribute various means of production (machinery and equipment for the companies acting in the field of production).
Based on our own language competencies we can help you to find clients and cooperation partners in Romania and Europe, we can involve ourselves also in private touristic projects and we are delivering law services, as well.
We are convinced that we can contribute to the developing of our country and region so that all the economic key indicators such as BIP, gross salary and attractiveness of our area would grow and permanently develop with a more rapid growth rate.
We are interested in building partnerships and cooperation with European and Romanian companies, disregarding their size, with the purpose of find them clients and/or partners on the European or Romanian market, in order to supply and distribute production machinery and equipment for European production companies but we are offering them also the opportunity to sell and distribute also other European products and services they would be possibly interested in.

You can find and download the Contract form we are proposing in our website www.eurosupport.ro in the page Partners (EN) !

We are hoping in a mutual advantageous cooperation and looking forward to your reply !
www.eurosupport.ro

With kind regards,
Procontrade & Euro Support