Toma Financial Consulting or how we could ADD value to your business

Our Services

Accounting and Reporting

  • Full General accounting services (assistance and review)
  • Payroll, Suppliers, Clients, Depreciation & Amortization
  • Reporting package (as requested by the Group)

Tax Advisory

  • Tax files review & certification services, tax planning and on-going tax advise
  • Tax assistance (during tax audit performed by the tax authority, due diligence)
  • Nonresidents tax regime in RO (avoiding double taxation (Conventions signed in this respect by Romania with other different tax jurisdictions)

Transfer Pricing File

  • Transfer pricing documentation (file and policy), due diligence and review
  • Benchmarking studies

Financial and Internal Audit

  • Statutory & Internal audit, Agreed upon procedures
  • Financial audit for UE grants funded by European Commission and/or domestic bodies

Corporate Finance & Cash Management

  • Financial Risks management (interest rate and foreign exchange rate risks included)
  • Cash management: solutions for payments and collections, liquidity management and other available resources (IN/OFF balance sheet)
  • Structuring/Restructuring financing facilities (in line with co's objectives - maturity, financing cost, liquidity)

Payroll & HR Services

Payroll

  • Salary calculation
  • Prepare and transmitting of individual payment statements ("salary flyers")
  • Prepare of tax files related on social contributions and income tax
  • Reports at the client's request regarding staff costs, statistical reporting to RO’s authorities
  • Declaration of income earned by resident employees of other EU countries

Personnel Document Management Services

  • REGES database management & drafting internal regulations
  • Carrying out formalities related to the conclusion / modification / termination of employment contracts
  • Sick leaves calculation (and submission to authorities), release of medical & income certificates and others related as per co’s request

Advisory / Others

  • Salary calculation advisory (simulation) & on going tax & labor laws update in Romania
  • Assistance during tax audits and/or labor law in Romania

Global Mobility Services

  • Advisory, tax residency, certificates
  • Immigration services (for EU and Non-EU citizens in RO)
  • Tax advisory services (tax compliance, residency, registration & deregistration for social insurance in RO).