4650

Authorization procedure and Trade Register aspects for CAEN 4650

When registering a company with the main activity CAEN 4650, it is mandatory to specify the main object of activity in the constitutive act, according to the updated classification of the Trade Register (ONRC). For this class, no prior operating permits are required, but it is necessary to submit a sworn statement in accordance with Law 359/2004, by which the administrator certifies compliance with the legal conditions regarding the registered office and storage spaces.
The following documents are submitted to the Trade Register: the registration application, the constitutive act, proof of registered office, and, if requested, the registration certificate mentioning "wholesale of computer and telecommunications equipment". After registration, the company must request from the Tax Authority (ANAF) the corresponding fiscal vector, including the tax obligation codes (corporate income tax, VAT, etc.).

Regulatory framework, specific permits and control institutions

The wholesale of IT and telecommunications equipment is not subject to special regulations, but the general rules on trade and product safety must be observed. CE marking is mandatory for marketed products, according to Directive 2001/95/EC. The control institutions are: ANAF for fiscal matters, the Territorial Labor Inspectorate for labor relations, and the National Authority for Consumer Protection for verifying product compliance.

No operating permits are required, but for the use of storage spaces, the municipality may impose compliance with fire safety rules (applicable if the space exceeds 200 sqm).

Fiscal management, ANAF audit risk and specific accounting

The company is liable for corporate income tax (16%) or micro-enterprise income tax (1% or 3%) if it meets the legal conditions. VAT applies to supplies of goods, with quarterly or monthly deadlines depending on the threshold. Acquired assets (equipment) are accounted for as goods in accounts 371, 372, and sales are recorded in revenue accounts (707). Invoicing is done through the RO e-Factura system for B2B relationships, and for sales to individuals it is not mandatory but recommended for record-keeping.

The main fiscal risk lies in under-valuation of stocks or incorrect recording of intra-community operations. ANAF may initiate a tax audit to verify the correctness of the tax base and supporting documents. We recommend keeping invoices, delivery notes and contracts for at least 10 years. Specific accounting involves separate recording of stocks by category, correct application of impairment adjustments, and compliance with tax payment deadlines. Failure to keep primary documents attracts sanctions under the Fiscal Procedure Code.