Decree 126/2020’s Article 4 states the following:
“2. During the time taxpayer’s operations are suspended:
a) Taxpayers are not required to submit tax returns, but they must still submit monthly and quarterly tax returns as well as annual tax finalization records for the period in which they suspend operating for less than a complete month, quarter, calendar year, or fiscal year.
c) Taxpayers are not allowed to use invoices and are not required to submit reports on the use of invoices. If the tax authority grants the taxpayer permission to use invoices in accordance with the law on invoices, the taxpayer must submit both tax returns and the required reports on the use of invoices.
Taxpayers who promptly restart their business on time as registered are exempt from the requirement to notify the Authority where they registered their suspension of operations.
If the taxpayer resumes activities before the deadline, it is required to notify the Authority where it registered the suspension of business, and must fully comply with tax regulations, submit tax declaration dossiers returns, and submit reports on the use of invoices according to regulations.”
In the case that, for example, the company decides to temporarily cease operations from a date in July 2022, the following declarations should be kept in mind:
– VAT declaration Quarter 3/2022;
– PIT declaration Quarter 3/2022 (if any income is paid in the quarter);
– Maintain quarterly usage reports for invoices / deduction voucher (if relevant);
– CIT finalization for 2022;
– PIT finalization for 2022 (if any income is paid in the year);
– Financial statement for 2022.