Țuca Zbârcea & Asociații | NEWS & EVENTS
10 November 2020

Tax+Legal Videoconference: Sailing Tailwind, Through the New Normal

Țuca Zbârcea & Asociații and Țuca Zbârcea & Asociații Tax are pleased to present the second edition of their flagship event TAX + LEGAL VIDEOCONFERENCE: SAILING TAILWIND THROUGH THE NEW NORMAL. This will be a virtual event hosted on the Wolters Kluwer - Sintact.ro platform, taking place on 18 November, from 9:30 a.m. to 1:00 p.m. (EET).

In these challenging times, businesses are searching for opportunities, and in particular for solutions to keep operations running or at least to stay afloat. Clearly, 2021 will be a complex year, a genuine turning point for many industries or companies. On the one hand, due to the huge pressure of an excessive budget deficit, we may expect a repositioning of public and tax policies, and intensified and targeted controls and inspections by the fiscal authority, as well as the competition and the employment, labour safety & security authorities. On the other hand, the domestic business environment will face higher internal pressures, generated in many cases by the current uncertainty in relation to consumption and investments, and the potential cost accumulation against the backdrop of the relief measures accessed in 2020 (such as payment deferral for budgetary obligations, bank loans, rents and utilities, etc.).

At present, the unanimous opinion is that there is still money in the market, the banking system is stable (in the spring of 2020, the average rate of non-performing loans was at its lowest since 2009), the stock exchange is operating and offers some opportunities, while grants from the Romanian Government and substantial EU funds are becoming available.

With a growing need for capitalization so as to become bankable and an increasing pressure on the budgets, including investment budgets, local entrepreneurs should promptly find solutions to secure the continuity of their business plan in the years to come. In general, the business community will have to take quick decisions on finance and cashflow, cost control and business model efficiency.

In this context, it becomes necessary for businesses to accurately identify and assess their legal or tax exposure areas, and to avail themselves of the financing opportunities and fiscal facilities which become available.

TAX + LEGAL VIDEOCONFERENCE: SAILING TAILWIND THROUGH THE NEW NORMAL, 2nd edition is part of a set of multi-disciplinary debates on some of the hottest topics with an impact on the business environment.

The conference topics will be covered by speakers with extensive expertise in their areas of practice, both from Țuca Zbârcea & Asociații and from Țuca Zbârcea & Asociații Tax, as well as by prominent guests from the Romanian and international business community, including representatives of Andersen. As of March 2019, Țuca Zbârcea & Asociații and Țuca Zbârcea & Asociații Tax cooperate with Andersen in Romania.

Event speakers:

  • Gabriel Zbârcea, Managing Partner at Țuca Zbârcea & Asociații
  • Violeta Luca, CEO Microsoft
  • Iulian Stanciu, CEO eMAG
  • Maricla Pennesi, European Tax Coordinator, Andersen
  • Karoly Radnai, Managing Partner, Andersen Hungary
  • Alexandru Cristea, Tax Partner at Țuca Zbârcea & Asociații Tax
  • Șerban Pâslaru, Partner at Țuca Zbârcea & Asociații
  • Ciprian Timofte, Partner at Țuca Zbârcea & Asociații
  • Cristian Velcu, Director at Țuca Zbârcea & Asociații Tax

Event moderator:

  • Dan Cristea, Partner at Țuca Zbârcea & Asociații

The event is designed exclusively for the business community, i.e. entrepreneurs, CEOs and other C-level executives, Chief Finance and Accounting Officers, as well as Chief Legal and HR Officers. Participation in the videoconference is free of charge, subject to prior registration and confirmation from the organisers.

The conference is organised with the support of Wolters Kluwer Romania, as well as the Belgian-Luxembourg-Romanian-Moldovan Chamber of Commerce (BEROCC), the British-Romanian Chamber of Commerce (BRCC), Hotnews, Juridice.ro, LegalMarketing, Newsweek, Universul Juridic.

For further details about the agenda and the registration procedure, please go to: https://info.wolterskluwer.ro/tza-tax-legal-ed-2/

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