I assume that many of you here have companies and I have a one too but I never had a company before, here nor in my home country so I would be grateful if you could tell me one thing.
I know it is a question for accountants but I just need some basic guidance whether it is possible or not.
In my country when we buy equipment necessary for our company to function(cellphone, computers...) the price of the equipment is tax deductible as it is seen as an expense. We also get the vat tax payed for the equipment back at the end of the fiscal year.
My question is- can I get tax deduction and vat back in Romania for the equipment I buy for my company?
I am thinking about buying certain items as a computer and a cellphone.