inward investment incentives
In order to attract inward investment from overseas the following incentives
have been enacted by the Government of Romania:
The Government Emergency Ordinance No. 92/1997
(approved by Law No. 241/1998) for the stimulation of direct investments:
- any investment in any field of activity and in any legal form as stipulated
by the Romanian legislation
- equality of treatment among foreign and Romanian investors, residents and
non- residents to Romania
- guarantees against nationalisation, expropriation or other measures of this
kind
- assistance in fulfilling the administrative procedures
- right of investors to choose the judiciary or commercial arbitration to solve
the litigation
- the right to transfer the amounts in lei resulting from the investment into
the currency of the investment, as well as to transfer the currency into the
country of origin.
The Law No. 332/2001 for the promotion
of direct investments with major impact to economy: for investments over 1 million
USD, the machinery, equipment, software imported for current activities are
exempted from custom duties.
The Law No. 219/1998 modified
by Law 528/2004, regulates the concession regime for public or private state
properties and for public activities and services:
- list of goods, activities, services that can be concede period of maximum
49 years;
- procedures OE public auction (open or open with prior selection) or direct
negotiations
- elements of concession contract.|
1 | 2
| 3 | Next
Information & Links
romania news
romania news
romania news rss feed
romania news
romania news rss feed
romania news
romania news rss feed
romania news
romania news rss feed
romania news
romania news rss feed
romania news
romania news rss feed
Romania property news
Romania property news
Romania property news
Romania property investment
Romania property investment news property romania
property romania
property romania
property romania
property romania
property romania
property romania
property romania
property romania
property romania
property romania
property romania
property romania
property romania
property romania
property romania
property romania
property romania
property romania
property romania
property romania
property for sale bucharest
property for sale bucharest
property for sale bucharest
property for sale bucharest
romania property investment
romania property investment
romania property investment
romania property investment
romania property investment
Property Romania
Property Romania
Property Romania
Property
Romania
Property
Romania
Property Romania
Property Romania
Property Romania
Property
Investment Romania
Property
Investment Romania
Property
investment Romania
Bucharest property
Off plan property
Romania
Off plan property
Romania
Property for sale Romania