The teams at Forvis Mazars in Germany and Romania announce the launch of the International German-Romanian Desk, focusing on tax and legal services
Forvis Mazars, the international audit, tax and advisory services partnership, is pleased to announce the launch of its International German-Romanian Desk, an initiative aimed at addressing the demand for integrated cross-border tax and…
Forvis Mazars, the international audit, tax and advisory services partnership, is pleased to announce the launch of its International German-Romanian Desk, an initiative aimed at addressing the demand for integrated cross-border tax and legal support between Germany and Romania.
The Desk combines a highly qualified German team of lawyers with an interdisciplinary Romanian team of experts, including specialists in the fields of tax, law, auditing, financial advisory, and a specialised Romanian law firm, Iablonschi & Associates, part of the Marcalliance network.
This initiative comes as German foreign direct investments (FDI) in Romania are significant. As of December 2023, according to the National Bank of Romania, Germany remained the country’s largest trading partner, holding investments totaling €17.1 billion, which accounts for 14.5% of the closing FDI position.
“The launch of our International German-Romanian Desk is a strategic move that underscores our commitment to strengthening business ties between Germany and Romania. As Head of the German Desk in Romania, I’ve seen firsthand the growing complexity of cross-border transactions and the increasing demand for specialised expertise that can seamlessly navigate both legal and tax frameworks. The new Desk is designed to provide comprehensive support to German companies operating in or entering the Romanian market, as well as Romanian businesses expanding into Germany,” commented Dino Ebneter, Country Managing Partner, Forvis Mazars in Romania.
Edwin Warmerdam, Partner & Head of Tax at Forvis Mazars in Romania, Alexander Labus, Law Partner at Forvis Mazars in Germany, and Ionuț Iablonschi, Managing Partner at Iablonschi & Associates, will lead the International German-Romanian Desk, with the support of an integrated team of professionals from both countries. Their combined expertise, cross-border experience, and in-depth knowledge of the legal and business environments in Germany and Romania will ensure that clients receive practical, forward-thinking solutions tailored to their specific needs.
The team of this newly launched Desk has decades of experience in both legal systems and the associated economic and tax structures.
“The establishment of our International German-Romanian Desk underscores our commitment to supporting businesses operating in Romania, as well as in Germany, by facilitating cross-border transactions and investments and fostering strong relationships within the German community in Romania. From a tax perspective, the Desk will play a crucial role in helping companies navigate the complexities of cross-border tax compliance. By combining our local expertise with a deep understanding of both German and Romanian tax systems, we can provide businesses with clear, strategic guidance that minimizes risk, ensures compliance, and supports sustainable growth”, mentioned
