Carpathian Valley Innovation is a program dedicated to young Romanian entrepreneurs from the country and the diaspora, who want to turn their ideas into real businesses. Through courses, mentoring and personalized support, we help them launch and develop their own business ideas.
What does sponsoring an NGO mean?
According to the sponsorship law, a commercial company or a micro-enterprise can support, at no cost, a project of the heart, by directing 20% of the profit/income tax or 0.75% of the turnover.
Microenterprise paying profit or income tax?
If you have already filed your 100th tax return this year, then you have all the necessary data to complete form 177.
Until December 27, 2022, you can submit form 177 and sign a sponsorship contract with a legal entity that is registered (on the date of signing the contract) in the Register of Religious Entities/Units - [ct:font-bold text-blue-700 italic]ANAF[/ct].
Examples
Carpathian Valley Innovation is a program dedicated to young Romanian entrepreneurs from the country and the diaspora, who want to turn their ideas into real businesses. Through courses, mentoring and personalized support, we help them launch and develop their own business ideas.
Calculation example 1
Turnover (total revenue) = 1,000,000 lei
Income tax for microenterprises (at least one full-time employee – 1%) = 10,000
Limit 20% of microenterprise income tax = 2,000
Sponsorship granted = 2,000
Tax on income of micro-enterprises for payment = 8,000
Calculation example 2
Taxable income base = 300,000
Microenterprise income tax (3%) = 9,000
Limit 20% of microenterprise income tax = 1,800
Sponsorship granted = 5,000
Amount eligible for tax credit = 1,800
Carpathian Valley
Why sponsor?
Support young people with initiative
Contribute to the economic development of the regions of Romania
You associate your brand with innovation, education and social impact
Visibility in all our communication channels
Our sponsors
InterLife Support NGO
Interlife Support is a non-governmental organization in Romania, dedicated to supporting families in difficulty and promoting education among children in the villages of Vaslui County.
Through our projects, we aim to offer real chances for a better life, access to educational resources and concrete support for those who need it most.
Kala3D is a 3D printing workshop in Romania, specialized in the on-demand production of volumetric letters, personalized decorations, promotional items, architectural elements and small furniture.
Through our services, we aim to provide creative, precise and affordable solutions for architects, designers, content creators and advertising professionals.
We transform ideas into real objects, with fast delivery, transparent costs and attention to detail.
Carpathian Valley Innovation Hub helps young people between the ages of 18 and 35 to start their journey into entrepreneurship, offering them specialized courses and individual mentoring sessions, alongside experienced entrepreneurs.
