“The accounting law is currently being revisited and simplified bookkeeping rules will be extended to include businesses with turnover of up to EUR700,000 from the current cap of EUR35,000. There are nearly 600,000 economic operators (60% of all registered businesses – e.n.) that will benefit from this change as of January 1, 2015,” said Jianu.
The Finance Ministry has recently put up for public debate a draft emergency ordinance amending the accounting law.