Businesses plead for reducing number of mandatory reports

The effects of the regulatory reform are still insignificant, representatives of companies say. The number of financial reports that the businesses have to present is enormous, the financial director of Endava company Iraida Eremia said, when asked by Info-Prim Neo to say what effect the Government’s regulatory reform had on economic entities. “There are different monthly, quarterly, half-year and yearly tax returns and reports on the payments made into the state social insurance budget, to the compulsory health insurance company. These must be presented to different institutions, to different state officials that have special reception programs. If the number of these reports cannot be reduced, at least the process of sending them in electronic form should be hastened. We are sick and tired of standing in queues for hours,” she said. According to Iraida Eremia, the Government’s intention to organize the transmission of income statements through the Internet is an insignificant step because there are a lot of other taxes and duties on which the economic entities report. “A solution could be to unify the taxes. The authorities should make the necessary calculations, add up and put a single tax on the companies. We would lose less time, including for correcting the errors in different reports that we are obliged to fill in with the pen, as we are not allowed to write them on the computer,” the cited source said. Eremia welcomed the fact that the presentation of quarterly reports was excluded as from this year. But there are the half-year and yearly reports left. She also approved of the Government’s decision to exempt the companies working in the area of information technologies and their employees from the payment of the income tax for a five-year period. As a matter of fact, these exemptions represent a bonus of about 20% to employees’ salaries. This enables to keep the good specialists in the country because many of them used to go abroad, where they are better paid. Iraida Eremia said that the civil servants that work with the economic entities and citizens should be more amiable and favorably inclined. Many of them look inconvenienced when the people appeal to them. They could also attend courses on the relations with the public,” she said.