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+40 (744) 368 368office@bsa.roStr. Belgrad 10, Sector 1, 011804Buju, Stanciu & Asociații is a member of Interlegal and Legal Network International

Tax law

By Buju, Stanciu & Asociații

Tax and VAT consultancy on the sale of cryptocurrencies

Interest in cryptocurrencies has grown enormously in recent years, and some companies are already investing to develop their own blockchain. Cryptocurrencies are a type of digital currency that can be used as a means of payment. You can buy goods or even services using this method. For some people, cryptocurrencies are seen as a long-term investment.

Their security is provided by the technology known as blockchain. As a result, these digital currencies are immune to government intervention. However, you need a lawyer to carry out a sale of cryptocurrencies. Buju&Partners has the most professional team. Choose an experienced lawyer in Bucharest to keep you up to date with the latest trends.

Sale of cryptocurrencies - Is it legal?

Bitcoin was the first cryptocurrency to be launched on the virtual market and still enjoys real success. Alongside it, there are currently still 6,700 cryptocurrencies. Their number grows by the day. Some shops already accept payment in virtual currencies.

As a result, many people choose to invest in cryptocurrencies. The value of these virtual currencies keeps rising and they are seen as a currency of the future. There is a good chance of making a profit if you choose to invest in cryptocurrencies. There is also security thanks to the blockchain.

Blockchain is a technology that is impossible to forge or breach. Law firm Buju, Stanciu & Asociații offers quality expertise in the field of cryptocurrencies, or crypto. We will provide you with all the information you need and find optimal solutions in a short time. Our expertise includes, in particular, tax and VAT consultancy in the field of selling cryptocurrencies or tokens.

We are a law firm made up of young, passionate people. So, if you are looking for a lawyer in Bucharest to help you with a sale of cryptocurrencies, contact us with confidence.

What is blockchain?

This new technology, blockchain, stores and records information in a database. Blockchain is becoming an attractive technology for financial or logistics services. It currently serves as a ledger for all transactions. Blockchain helps with international transactions. The process of sending a currency is much simpler and faster thanks to it.

However, the technology known as blockchain is still under development. It is therefore important to understand all the legal and technical aspects. Choose one of our lawyers to guide you towards the best decision. We are a team dedicated to our profession and we provide the highest-quality services.

What should you know about a sale of cryptocurrencies? Looking for a good lawyer in Bucharest to guide you.

In Romania, the community of cryptocurrency holders is expanding rapidly. As a result, a number of questions arise regarding the declaration of income tax following the sale of virtual currencies. To carry out a sale of cryptocurrencies, it is necessary to understand a number of legal and technical concepts.

People who earn money from this type of transaction are required to declare the income. Otherwise, penalties will apply, and no one wants that. It is considered tax evasion when beneficiaries of income from cryptocurrencies hide or omit the asset or its source in legal documents.

For this, there are lawyers specialised in tax consultancy. The law firm Buju&Partners is the perfect solution for such matters. An opinion from specialists will therefore help you avoid unpleasant situations. Our team has a range of skills and competencies that will make your cryptocurrency sale experience easier and more pleasant.

Our areas of expertise are varied. Our lawyers specialise in tax law and will provide you with professional consultancy and legal assistance. Tax consultancy includes direct taxes or indirect, local or personal taxes. Also, if you own a business, working with a lawyer will help you avoid penalties from ANAF.

Some of our services include: assistance during tax audits, bankruptcy, restructuring or insolvency, identifying the advantages and risks of different business options and decision management, tax reviews, tax disputes, ensuring compliance with tax regulations, assistance with binding tax rulings and much more.

Choose to work with a team of specialists - the law office of Buju, Stanciu & Asociații - who will keep you informed of any legal or tax changes. Our firm offers you the best strategies and answers any question you may have. We have experience gained both domestically and abroad. We will achieve outstanding results together with you.