The period for informing the tax authority about the change of the company’s head office or address and about the temporary halt in work will be 60 days, IPN reports, quoting the amendments to the Tax Code that came into force on January 1, 2014.

By the end of last year, the term was 30 days and many entrepreneurs complained that they didn’t manage to report the changes.

The amendments made to Article 165 of the Tax Code say the fiscal obligations of the private individuals are monitored based on the tax codes included in the State Tax Register of the State Population Register. Thus, no additional effort will be made to obtain the tax code.