A new law amending and supplementing the Fiscal Code was adopted.
The new amendments stipulate that the profit invested in supporting vocational-dual education
by ensuring the practical training and quality training of students is exempt from tax.
Thus, the micro-enterprises that carry out sponsorships in accordance with the sponsorship law to
support non-profit entities and cult units which at the date of concluding the agreement are
registered in the register of entities / cult units for which tax reductions are granted, as well as
micro-enterprises that grant scholarships to students in the vocational-dual education, the afferent
amounts from the tax on the incomes of the micro-enterprises decrease to the level of the value
representing 20% of the tax on the incomes of the micro-enterprises due for the quarter in which
they registered the respective expenses.
