American Chamber of Commerce in Romania
15 Years in Romania
Honored with Business Superbrands Award 2007/2008
European Council of American Chambers of Commerce in Europe
Foreign Commercial Service of the U.S. Embassy
U.S. Chamber of Commerce
KPMG Romania
With our principal office a known landmark in Baneasa on the DN 1 heading north from the city of Bucharest, 10 minutes drive from Henry Coanda (Otopeni) International airport, KPMG in Romania is a natural first stop for international investors coming to Romania. The letters stand for Klynveld Peat Marwick Goerdeler, because Klynveld Goerdeler and Peat Marwick merged to form KPMG in 1987.
We offer a full range of professional services that an investor – new or existing – might want: Audit, Tax and Advisory.
We offer a full range of professional services that an investor – new or existing – might want: Audit, Tax and Advisory.
We have been based in Romania since 1994, and now have offices in Bucharest, Timisoara, Cluj-Napoca, Iasi, Constanta and Chisinau (Republic of Moldova). KPMG in Romania is a member firm of the KPMG global network, which operates in 140 countries and has 135,000 people working in member firms around the world. We assist firms and organizations with meeting their compliance requirements, and help them to develop, adding value to our clients’ business. We combine detailed knowledge of the Romanian market with global expertise, drawing on the resources of the KPMG global network.
Our Audit services provide rigorous financial reporting to suit an increasingly demanding market in which transparency is more important than ever. Our professionals provide reporting under Romanian auditing standards, as well as international standards. Our attestation services include: Statutory Audits, Audits of financial statements prepared according to IFRS and other accounting standards, Reviews of quarterly financial statements, Reporting to regulators and other third parties, Accountants reports for IPOs and listings, Agreed upon procedures and reports t lenders on covenants
Our Taxation services help clients deal with the often complex Romanian taxation system. We assist businesses to comply with legal requirements as well as advising on opportunities for them to reduce their tax burden. The areas we cover are: Corporate Taxation, Indirect Taxation, International Taxation, Investment Incentives, Financing of Investments, Expatriate Tax Advice, Withholding Taxation, Global Income Taxation, Transfer Pricing, Real Estate, Assistance during tax investigations performed by fiscal authorities and further contestation procedures, Taxation of Leasing Operations, Forensic Tax Investigations, Foreign Currency Regulation, Local Taxes, Tax disputes, Tax Compliance Support.
Our Advisory function provides a wide range of services to help businesses develop, such as: EU Advisory; Business Performance services; Regulatory and Compliance Services; IT Advisory; Accounting Advisory Services; Human Resources Services; Internal Audit Services; Financial Risk Management Services; Environmental services; Actuarial Services.
The Financial Advisory team also assists companies to develop their businesses with the following services: Transaction services, Corporate Finance, Valuation Services, Forensic Services, Restructuring.
KPMG in Romania employs around 600 people, including both local and expatriate staff, who combine detailed experience of the Romanian and Moldovan markets with international know-how. We have specialized staff with a wide range of skills and backgrounds, who have a detailed knowledge of many industries. Many are qualified under the Association of Certified Chartered Accountants (ACCA) scheme or are working for this qualification. Good English is a requirement for employment with KPMG in Romania, and many of our staff are skilled in other languages too, including French, German, Spanish, Portuguese and others.
KPMG in Romania is strongly committed to playing an active role in the community. We are a caring organization, with a well developed Corporate Social Responsibility (CSR) programme. We participate in a wide range of CSR activities, both in Romania and globally.
