Declaring a lack of activity within the meaning of the Accountancy Act

Following the entry into force of the amendments to the Accountancy Act of 01.01.2018 the enterprises which did not carry out an activity are no longer obliged to submit an annual tax return under Art. 92 of the CITA to the TD of NRA, as well as annual financial reports in the Commercial Register and the Register for Non-Profit Legal Entities /CRRNPLE/. Instead, the enterprises which did not carry out activity should declare this circumstance in CRRNPLE by 31.03.2019, along with an enclosed statement of truth, as no fee is due. The declaration may also be filed by an attorney-at-law with a power of attorney, without the need the power of attorney to be notarized.

 

In addition, the enterprises have an obligation to declare the fact that they did not carry out activity during the previous year before the National Statistical Institute by submitting a declaration in a standard form. The declaration can be submitted both on paper and electronically, and the deadline is 30.04.2019.