7990

Authorization procedure and Trade Register aspects for CAEN 7990

Setting up a company that will carry out activities under CAEN class 7990 – Other reservation services and tourist assistance – requires the correct integration of the CAEN code into the main or secondary object of activity at the Trade Register (ONRC). According to Law 359/2004, upon registration a sworn declaration regarding compliance with operating conditions is filed. For CAEN 7990, in the absence of special mandatory approvals from the ONRC, the company can operate from registration if there are no specific tourist authorization requirements (e.g., travel agency license – see below).

It is recommended that the articles of association state the exact object of activity: “Other reservation services and tourist assistance” with code 7990. For related secondary objects, the following can be included: 7911 (Activities of travel agencies), 7912 (Activities of tour operators), 8220 (Activities of call centres), 7311 (Advertising activities) or 4799 (Retail trade via other means). Any subsequent modification of the object of activity requires rectification at the ONRC.

Regulatory framework, specific approvals and control institutions

The main normative act is Government Ordinance no. 58/1998 regarding the organization and conduct of tourism activities, republished. For CAEN 7990, if the activity involves intermediation of tourist services (booking accommodation, plane tickets, etc.), it qualifies as a “travel agency” and requires a tourism license issued by the Ministry of Entrepreneurship and Tourism (MAT), through the county tourism departments.

Contracting service providers (transport, accommodation) is done based on commercial contracts. The operator must comply with Law no. 363/2018 on consumer protection in package travel services.

Control institutions include: National Authority for Consumer Protection (ANPC) for customer-related aspects; Territorial Labour Inspectorate (ITM) for labour relations; Tax Authority (ANAF) for taxation.

There are no special approval requirements for the premises (e.g., fire brigade, environment) in the case of office services, but if on-site assistance is provided, local regulations must be checked.

Tax management, ANAF audit risk and specific accounting

Revenue from reservation commissions qualifies as service provision – the tax base is the actual commission, not the total value of intermediated services (according to Article 286 of the Fiscal Code). The standard VAT rate of 19% applies, with the possibility of reduced rates for related services (e.g., accommodation part of a package).

For services to individuals, invoicing with VAT is done upon collection or issuance, depending on the chosen system. Electronic invoicing via the RO e-Factura system is mandatory for B2B relationships, according to Government Emergency Ordinance 120/2021.

ANAF audit risks concern: underreporting of income (undeclared commissions), incorrect tax treatment of discounts and payments to subcontractors (e.g., travel agencies in B2B operations). ANAF may analyze contracts and the actual performance of services – it is recommended to keep supporting documents (contracts, order notes, bank statements).

Accounting must distinctly reflect income from reservation commissions, personnel expenses (guides, call-centre operators) and marketing expenses. It is recommended to implement a correct tax vector system – registration in RO e-Factura and monthly/quarterly VAT return reporting.

For micro-enterprises, the revenue threshold of 500,000 euros applies; if exceeded, the company switches to corporate income tax.

In conclusion, CAEN 7990 requires rigorous legal and tax organization, with attention to tourism authorization and documentation of transactions.