Foreign Investment Incentives in Romania

One of the most recent and important legislation in effect is the OUG 85/2008, having as purpose the creation of a legal background for the stimulation of foreign investment in Romania. The methods to stimulate these kinds of investments are facilities offered by the Romanian State:
- Non-reimbursable funds for the purchase of assets;
- Granting financial contributions from the State budget for the newly created jobs;
- Granting interest benefits when contracting certain credits as well as other types of benefits;

These measures instituted on the basis of the above-mentioned legislation are destined to those investments which:
- are taking places in regions of weak economical activity, respectively with a PIB/person of under the country’s average;
- are taking place in counties with an unemployment rate higher than the country’s average;
- contribute to infrastructure projects or modernizing already completed infrastructure;
- contain projects related to research and development and innovation or imply the use of high standard technology;- result in the improvement of energy efficiency, the use of the ecological energy;- insures the protection and rehabilitation of the environment;
- insures the development of human resources in the region

For more information you can visit www.RomanianLawOffice.com