0710
Mining of iron ores
This code covers the mining of iron ores, such as iron ore, from natural deposits. Activities include open-pit or underground mining, as well as ore preparation operations (crushing, grinding, magnetic separation, etc.) to obtain a marketable product. It does not include further processing in blast furnaces or steelworks, which fall under separate codes.
Entrepreneur Profile
Acest cod este destinat companiilor miniere care exploatează zăcăminte de minereu de fier, fie în cariere deschise, fie în mine subterane. De asemenea, este util pentru firmele care prestează servicii de pregătire și îmbogățire a minereurilor feroase direct la locul extracției. Nu este potrivit pentru unități de prelucrare ulterioară (oțelării) sau pentru comerțul cu minereuri.
Who should avoid:
Avoid the exclusive use of code 0710 if the main activity of your company shifts towards other commercial or related branches not specified in the official description. See the excluded activities section below.
Authorization procedure and Trade Register aspects for CAEN 0710
For registering with the Trade Register (ONRC) of an LLC or sole proprietorship with the main activity CAEN 0710 (Mining of iron ores), the entrepreneur must submit the constitutive acts and a sworn declaration according to Law 359/2004 certifying compliance with operating conditions. In practice, no prior approvals are filed, but the obligation to obtain environmental and exploitation permits arises later. For sole proprietorships, the same rules apply, but additionally it is verified whether the individual has the technical capacity to carry out extractive activity. The recommended organizational structure for this CAEN code is a joint-stock company or LLC, given the significant capital required. The single form is completed at the ONRC, and for the registered office, proof of the right to use the mining perimeter is required. Any subsequent change to the secondary object (e.g., adding 0891 - mining of non-ferrous ores) requires filing new documents with the register within 15 days.
Regulatory framework, specific permits, and control institutions
The mining of iron ores is strictly regulated by Mining Law No. 85/2003 and Water Law No. 107/1996. The operator must obtain from ANRM (National Agency for Mineral Resources) the exploitation license, granted based on a feasibility study and environmental agreement. The National Environmental Guard and Tax Authority (ANAF) are the main control authorities. Mandatory specific permits include: water management permit from Romanian Waters (if water resources are used), environmental permit issued by APM (Environmental Protection Agency) – requiring impact assessment on soil and groundwater, as well as a mine closure plan. Additionally, the Territorial Labor Inspectorate must approve mining safety standards. For waste storage, Government Emergency Ordinance 195/2005 applies. Lack of any of these permits leads to suspension of activity by ANRM.
Fiscal management, audit risk with ANAF, and specific accounting
From a fiscal perspective, extraction operations are subject to the Fiscal Code, and the mining royalty is calculated according to Law 85/2003 (a percentage of the production value, payable quarterly to the state budget). Tax Authority (ANAF) prioritizes verifying the correctness of declaring extracted quantities and the application of the royalty rate. The deduction of prospecting and mine development expenses is done through specific amortization, and mine closure costs are recorded as provisions. Audit risk is heightened by transactions with related parties (sale of ore to associated processors) and the adjustment of inventories to net realizable value. The company must prepare the monthly D112 declaration for miners' wages (heavy working conditions) and apply specific contribution rates. Also, the single declaration is filed for income from royalties paid to individuals. For the export of ores, the excise regime applies if classified as energy products. Accounting is kept by cost centers per mining perimeter, and IFRS standards apply for annual financial reporting, with the obligation to present the management report on estimated resources.
Included Activities
- ✅ Mining of iron ores from surface or underground deposits
- ✅ Preparation of ferrous ores for beneficiation (crushing, grinding, gravity separation, flotation, magnetic separation)
- ✅ Beneficiation of iron ores (concentration)
- ✅ Agglomeration of iron ores (sintering, pelletizing) – only if carried out within the mine
- ✅ Operation of iron mines, including drainage and gallery maintenance
Excluded Activities
- ❌ Processing of iron ores in blast furnaces or direct reduction furnaces (code 2410)
- ❌ Production of steel and rolled products (codes 2410, 2420, 2431, etc.)
- ❌ Mining of non-ferrous ores (codes 0729, 0730, etc.)
- ❌ Support service activities for mining (code 0910) – if performed separately by another entity
Similar or Related CAEN Codes:
From the same category of economic activities:
Întrebări Frecvente
What permits are required to carry out activities under CAEN code 0710?
For the mining of iron ores, the following are required: a mining concession license issued by the National Agency for Mineral Resources (ANRM), an environmental permit from APM, a fire safety permit, approvals from ISU, and, where applicable, a building permit for mining installations. Additionally, registration in the Mining Operators Register is mandatory.
What special taxes apply for this CAEN code?
In addition to the standard corporate income tax, mining companies pay a mining royalty to the state, calculated as a percentage of the production value (typically 4-10% for iron ores). Also, a tax on mining assets and contributions to the Environmental Fund for rehabilitation of affected areas apply. For exact details, consult the Mining Law No. 85/2003 and the Fiscal Code.