Collaboration benefits

Teambuilding and networking

Corporate social responsibility

Along with the internal steps to reduce the negative footprint of the economic activity carried out, on the environment, a company can report the achievement of several performance indicators from the corporate social responsibility strategy (ESG KPIs). Environmental indicators cover materials used, energy and water consumed, biodiversity, greenhouse gas emissions, spills and waste, the impact due to transport, investments for environmental protection.

Sponsorship and taxation

The Law on Sponsorship and the Fiscal Code allow corporate taxpayers to offer sponsorships to NGOs and to benefit from tax facilities, under certain conditions provided by law. The sponsorship expense offered is not a tax deductible expense, but may be a tax credit, i.e. it may reduce the profit tax payable by the full amount of the sponsorship offered.

Thus, the tax facility granted through the tax credit mechanism practically allows the sponsor to actually pay that amount to a non-profit organization and not in the account of the profit tax.

To receive more details about sponsorship, please contact us at: [email protected] (project manager).

  • Profit tax payers

In the case of profit payers who perform sponsorship according to the provisions of Law no. 32/1994, with the subsequent amendments and completions, the Sponsorship Law of 2019, the expenses incurred being non-deductible, but the related amounts are deducted from the profit tax due, at the level of the minimum value between the following:

  • the  value calculated by applying 0.75% to the turnover (Law no. 156/2019, since 29.07.2019);
  • the value representing 20% of the due profit tax.


2. Payers of micro-enterprise income tax


Starting with April 1, 2019, the micro-enterprises that carry out sponsorships, according to the provisions of Law no. 32/1994 for the support of non-profit entities and cult units, decrease the related amounts from the income tax of micro-enterprises due to the value level representing 20% of the income tax of  micro-enterrprises due for the quarter in which they registered the respective expenses.

Source: fiscalitatea.ro

Examples of Tree Adoption Certificates

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