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Whether you are buying, developing, selling or leasing real estate in Romania, and regardless of whether you are the owner, developer, investor, lessor or lessee, contractor, agent or professional service provider, you always need sound technical tax expertise in order to have control of the outcome of your transactions.

Our specialised real estate tax advisors can assist you in the course of the investment, development, operational and exit phases, providing you with useful guidelines for conducting your real estate business in Romania. 

Our advisory services in the above phases of a real estate investment include inter-alia: 

• Preferred structure for the investment in Romania, depending on the residency of the investors;
• Tax and financial due diligence;
• Financing the acquisition in Romania (equity versus debt) and tax structuring – leverage buy-outs, mergers, spin-offs, leasing, sale and lease-back etc.
• Asset deals versus share deals;
• Taxation of dividends and capital gains;
• Direct taxation – interest deductibility, transfer pricing, step-ups in value etc.;
• VAT treatment of real estate investments and operations and VAT recoverability.