- A leading retail company in Romania, in relation to a tax audit process, including assistance with procedures during the audit, as well as subsequent tax challenge exercise. We also assisted this client on other tax matters, such as: restructuring of the retail business, compliance with various regulatory obligations, implementation of electronic cashiers, and tax aspects in relation to various supplier damages.
- An American international e-commerce company, upon extending its presence in Romania, regarding local restructuring processes, tax incentives for local employees, including the drafting of all relevant documentation. Our mandate included extensive tax assistance with respect to changes in the local restructuring of local undertakings, on the individuals’ taxation aspects, as well as other day-to-day tax advisory requests.
- One of the largest online platforms offering homestays and tourism services, in relation to aspects regarding the Romanian VAT implications stemming from its various business models on the local market.
- A flagship listed business services and industrial company of a global asset management firm, on various tax issues in connection with the USD 13.2 billion acquisition of 100% of a major power solutions business. We assisted the client at all stages prior to the business transfer, and generally with the structuring of the transaction from a tax perspective. The tax aspects of this deal included handling VAT treatment applicable to the transfer of business, drafting of relevant documentation, and tax registration of the newly incorporated local entity.
- One of the largest players in the meat production, processing, and sales field in Romania, with respect to various tax issues regarding a tax audit performed by the tax authorities. Our involvement consisted in preparing various challenges against the tax decisions issued by the tax inspectors for the group’s companies, as well as assistance throughout the entire court litigation process.
- A global biopharmaceutical leader, in connection with the spinoff of its BioScience and its Medical Products businesses into two separate and independent global healthcare companies. Our mandate included, among others, assisting and representing the client in view of the local separation, undertaking extensive tax analysis on the separation projects, assessing financial and tax implications arising from the transfers of business, as well as preparation of the required transaction documents for the VAT registration of the new company.
- A leading healthcare company, in connection with clawback matters. Legal and tax work include drafting the preliminary complaints to be submitted before the National Health Insurance House, preparing the court challenge in connection with the claw-back contribution, as well as representing the client before the court in the claw-back related litigation.
- A leading global healthcare company, following extensive tax and legal due diligence, on the tax effects of the consolidation of its Romanian-based vehicles via transfer of assets and related personnel, as well as in relation to various day-to-day operations. Additionally, we assisted the client in connection with the local tax aspects further to a spin-off project at the group level.
- A leading global healthcare company, in connection with the activities performed by the company in Romania. We advised the client on issues such as taxation of the revenues paid by the company to foreign speakers attending educational events and revision of the related agreements, as well as on the COVID-19 related tax incentives and government relief. Additionally, we advised the client on potential alternatives to restructure the business along with various advice provided on different contractual arrangements.
