Over 608,000 companies in Romania will be able to choose, from January 1, the new simplified procedures of accounting, according to a statement of the Department for SMEs, Business Environment and Tourism.

“If 12,900 companies benefited from simplified accounting until now, from January 1, a total of 608,900 companies can opt for the new simplified accounting reporting and this change will significantly reduce the administrative burden for the business environment,” said Florin Nicolae Jianu, Minister for SMEs, Business Environment and Tourism, cited by local Agerpres.

Irina Popescu, irina.popescu@romania-insider.com