Finance News by Forvis Mazars Romania June 2025

Mon | 30.06.2025

Accounting/audit/tax

Forvis Mazars announces the launch of the International German-Romanian Desk, focusing on tax and legal services

Forvis Mazars, the international audit, tax and advisory services partnership, is pleased to announce the launch of its International German-Romanian Desk, an initiative aimed at addressing the demand for integrated cross-border tax and legal support between Germany and Romania.

The Desk combines a highly qualified German team of lawyers with an interdisciplinary Romanian team of experts, including specialists in the fields of tax, law, auditing, financial advisory, and a specialised Romanian law firm, Iablonschi & Associates, part of the Marcalliance network.

Edwin Warmerdam, Partner & Head of Tax at Forvis Mazars in Romania, Alexander Labus, Law Partner at Forvis Mazars in Germany, and Ionuț Iablonschi, Managing Partner at Iablonschi & Associates, will lead the International German-Romanian Desk, with the support of an integrated team of professionals from both countries. Their combined expertise, cross-border experience, and in-depth knowledge of the legal and business environments in Germany and Romania will ensure that clients receive practical, forward-thinking solutions tailored to their specific needs.

The team of this newly launched Desk has decades of experience in both legal systems and the associated economic and tax structures.

Read more info HERE.

 

Forvis Mazars launches the 2025 edition of ‘Doing business in Romania’ guide

Thinking about expanding to Romania or already running a business here?

Forvis Mazars’ comprehensive ‘Doing Business in Romania’ guide provides everything you need to make informed decisions and avoid costly mistakes. Written by local experts with 30 years of experience in the Romanian market, the guide outlines the main types of business structures available and walks you through the practical steps of setting up a company, branch, or subsidiary.

Whether you're an entrepreneur, corporate executive, or business leader expanding your activities in Romania, this guide helps you translate complex Romanian business requirements into practical, actionable insights.

Read more info HERE.

 

Tech-savvy auditors lead strategically, by Forvis Mazars

As Romania progresses in its digital transformation, auditors leveraging advanced technologies are positioning themselves as strategic leaders in safeguarding and enhancing business outcomes.

In today’s fast-changing business landscape, auditors are under pressure to deliver accurate, tailored insights. Clients expect real-time, personalised solutions, making AI and BI essential tools in transforming how audits are conducted.

Iulian Condrea, Senior Manager, Audit & Assurance: “Artificial intelligence and BI solutions do not replace auditors but support them in the decision-making process and in identifying critical risk areas. It is essential to ensure the quality of processed data and to invest in the continuous training of teams to effectively leverage these technologies. Modern auditing means digital culture, flexibility, and the ability to anticipate”.

Read more info HERE.

 

Is Pillar Two here to stay?, by Forvis Mazars

2025 marks the 10-year milestone since the release of the OECD’s final BEPS package reports in 2015.

Forvis Mazars’ transfer pricing experts explored in a recent material the future of Pillar Two - the OECD’s global minimum tax framework - and whether it can retain momentum amid diverging international positions.

Key takeaways:

  • 30 countries have implemented Pillar Two.
  • The EU continues to lead the implementation.
  • The U.S. has stepped back, creating uncertainty.
  • Romania has aligned with the EU directive and is listed in the OECD’s 2025 Central Record.

Read more info HERE.

 

Driving pay equity and transparency by 2026, by Forvis Mazars

The EU Pay Transparency Directive is set to reshape how organisations across Europe approach remuneration. With the 2026 implementation deadline approaching, companies must take decisive action now to ensure compliance and promote fairness in the workplace.

In a recent article, Forvis Mazars’ experts outlines the key requirements of the directive, what they mean for employers, and how organisations can align with these changes - not just to meet legal obligations, but to drive long-term business value.

Forvis Mazars in Romania, in partnership with Forvis Mazars in the Czech Republic, supports companies seeking to obtain the EQUAL-SALARY certification - demonstrating their commitment to a fair and responsible work environment.

Read more info HERE.

 

Closing the gap: advancing gender equality and pay transparency in Romania, by Forvis Mazars

Closing the gender pay gap and enhancing pay transparency are essential steps toward creating fair and inclusive workplaces.

Forvis Mazars’ experts explored how businesses can navigate the EU Directive 2023/970 on pay transparency, foster equal opportunities, and build trust with employees, clients, and regulators.

As Romania moves toward a fairer and more transparent employment environment, companies have a unique opportunity to position themselves as leaders in promoting responsibility and fairness. Beyond legal compliance, actively addressing gender pay disparities fosters a healthier organisational culture, improves talent retention, and supports long-term business performance. With the right expertise and strategic approach, Romanian businesses can not only meet the requirements of the new EU directive but also contribute to shaping a fairer, more inclusive economic future.

Read more info HERE.

 

This article is provided by our Finance Partner, Forvis Mazars Romania.

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