Do you believe in a simply green Romania? Get involved with us. You can start by becoming a volunteer and, if you like what we do, you can become a full memberDon't have enough time, but still want to get involved? Reallocate part of your taxes through a sponsorship act:
If you are a profit tax payer
By law, legal entities can sponsor non-governmental organizations registered in the Register of entities for which tax deductions are granted, if they conclude a sponsorship contract. Our association is enrolled in the Register, which can be consulted here (search by CIF 43498554).
The sponsorship contract must not be concluded in authentic form (at the notary), but must be signed by the parties in original (holographic / paper signature, or electronic signature).
At the date of signing the contract, the sponsor records an expense with the sponsorship, which it bears as follows:
- From the profit tax payable in the respective quarter, if the amount from the sponsorship contract related to the quarter does not exceed the minimum between 20% of the calculated profit tax and 0.75% of the turnover in the respective quarter. Basically, if you fall within these limits, you transfer to the state budget as profit tax only the difference between the sponsored amount and the calculated profit tax.
- From the company's own funds, if the company does not register a profit tax in the quarter / year of granting the sponsorship, or the sponsored amount exceeds the above-mentioned limits, the amount representing the minimum between will be deducted from the profit tax in each quarter of the next 7 consecutive years. 20% of the calculated tax and 0.75% of the turnover in the respective quarter.
The amounts related to the sponsorships must be declared to ANAF once a year, until the deadline for submitting the annual profit tax return. You can find the model statement here
If you are a micro-enterprise income taxpayer
By law, legal entities that pay income tax on micro-enterprises can also sponsor non-governmental organizations registered in the Register of entities for which tax deductions are granted, if they conclude a sponsorship contract.
In this case, too, the sponsorship contract must not be concluded in authentic form, but must be signed by the parties in the original.
At the date of signing the contract, the sponsor records an expense with the sponsorship, which it bears as follows:
- From the income tax (1% or 3%) payable in the respective quarter, if the amount from the sponsorship contract for the quarter does not exceed 20% of the income tax calculated for the quarter in which the (accounting) sponsorship was registered. Basically, if you fall within this limit, you transfer to the state budget as income tax only the difference between the sponsored amount and the calculated income tax. For simplicity, you can estimate this amount as 0.2% of turnover if your income tax rate is 1% (the company has at least 1 employee) and 0.6% of turnover if your tax rate is 3% (the company has no employees).
- From the company's own funds, following that in each quarter of the next 28 consecutive quarters (7 years) the amount representing 20% of the tax calculated for the respective quarter will be deducted from the income tax. The amounts related to the sponsorships performed must be declared to ANAF once a year, until January 25 of the following year.
The amounts related to the sponsorships performed must be declared to ANAF once a year, until January 25 of the following year. You can find the model statement here.
If you have any questions about your contribution, write to us at financiar@pursisimpluverde.ro.