ACTIVE MEASURES TO COMBAT THE EFFECTS OF THE COVID-19 PANDEMIC IN ROMANIA BY STIMULATING THE MAINTENANCE OR INCREASE OF OWN CAPITAL

Abstract

In addition to the passive measures meant to combat the effects of the Covid-19 pandemic, in Romania some active measures have been regulated to stimulate the activity of entrepreneurs. Passive measures have focused on helping employees and encouraging employers to maintain employment through measures such as technical unemployment supported by public funds, incentives for telework, kurzarbeit, etc. Active measures aim to stimulate the establishment and development of small and medium enterprises by granting grants in the form of financial support from nonreimbursable external funds, as well as stimulating the maintenance or increase of equity on account of granting reductions between 2% and 15% during the years 2021-2025 to income taxes, income or specific tax. The paper will present an analysis of existing active measures, focusing on those to stimulate the maintenance or increase of equity, while providing answers on the measures that economic agents can take to facilitate the fulfillment of the criteria for granting reductions in profit / income / specific tax during the period 2021-2025.

Keywords

• working capital
• accounting / adjusted equity