SME Romania warns: and #8221;Increasing the share capital of LLCs to 8,000 lei will block entrepreneurship and #8221;

The National Council of Small and Medium-sized Private Enterprises in Romania (IMM Romania) states, in a position statement published yesterday on the website of the employers and #39; confederation, that the Ministry of Finance and #39;s plan in Package 2 of the tax reform, which proposes increasing the share capital for limited liability companies (SRLs) from 1 leu to 8,000 lei upon establishment, risks blocking access to entrepreneurship in Romania and directly hitting micro-enterprises and start-ups.

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