Romanian SMEs Ministry Designs “Starter Firm” Law For Youths
13:48, 23 Sept. 2009
Romanian youths aged up to 35, who have never owned a company, will be able to set up a firm with a share capital of 10 lei (EUR1=RON4.2293) and which will be exempt from profit and wage taxes in the first three years, according to an initiative of the Ministry for SMEs.