Important changes in Romanian State Aid Law
Noerr Finance & Tax - 6 Mai 2011
The mid-size state aid scheme was recently amended by including state aid funds for taking over companies in difficulties (e.g. insolvency and liquidation cases) and by emphasising the importance of some specific criteria in order to maximize the state aid up to 40% for Bucharest/Ilfov region and to 50% for the other regions.
These criteria are the following:
- investment characteristics
- degree of complying with the financial indicators
- location of the investment
- contribution of the entity to the economic and regional development resulting from the payment of contributions and taxes to the state budget
- financial ratios specific for the area in which the investment will be realised (Gross Domestic Product/habitant and unemployment rate)
- threshold for the current period for the state aid scheme
Sursa: http://www.noerr.com
Tags: state
EVENIMENTE DE AFACERI
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