5914

Authorization procedure and Trade Register aspects for CAEN 5914

Registration with the National Trade Register Office (ONRC) for CAEN code 5914 – Projection of cinematographic films – requires filing a standard dossier, with attention to the main object of activity. According to Law 359/2004, the affidavit must explicitly state that the main activity is cinematographic projection. No prior authorizations from the Ministry of Culture are required for setting up the company, but only later, depending on the specifics. At the ONRC, the single registration form is completed, with the note that the registered office must be real, and the projection space must be declared as a point of work. Omission of these details leads to suspension or fines by authorities.

Regulatory framework, specific approvals, and control institutions

Film projection is regulated by the Cinematography Law no. 230/2003 and the norms of the National Cinematography Center (CNC). For operation, the CNC approval regarding film classification (e.g., prohibited for minors under 18) is mandatory. Cinemas also need to obtain fire safety authorization from the Inspectorate for Emergency Situations (ISU) and, depending on the hall capacity, sanitary approval from the Public Health Department (DSP). Current control is carried out by the CNC, which checks compliance with screening quotas for Romanian films (obligation of at least 20% of annual projection time). Non-compliance results in contraventional fines and suspension of the broadcasting license.

Tax management, ANAF audit risk, and specific accounting

From a tax perspective, the activity falls under CAEN code 5914, with standard corporate income tax of 16% (or 1% income tax for micro-enterprises if conditions regarding personnel and revenues are met). VAT applies to receipts, and the ticket is subject to the standard rate of 19%. There is an increased risk of ANAF audit regarding the recording of revenue from ticket sales, including through cash register systems. Accounting obligations include separate records of revenues from projections, costs of copyrights (royalties paid to distributors), and subsidies from the CNC. We recommend using accounts 701 (Revenue from sale of goods) and 608 (Expenses for services provided by third parties) for broadcasting rights. The single corporate income tax return (D101) is filed semi-annually for micro-enterprises or annually for corporate income tax payers. Special attention to the RO e-Factura system for invoices issued to third parties (e.g., sponsors or partners).