NNDKPNestor Nestor Diculescu Kingston Petersen (Romanian law firm)
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He commented that a swift refund process coupled with a reduction of red tape would help businesses.The KPMG partner added that a tax consolidation regime (tax grouping) would increase Romania's competitiveness along with the enforcement of a holding company regime.Dragos Doros, partner at NNDKP Tax Advisory Services, said the Ministry of Finance was currently working on holding regulation, as part of a wider effort to rewrite the Fiscal Code and the Fiscal Procedure Code.A cap of the computation of social health insurance contributions would be another measure welcomed by employers, said Gibbins.