Tax Compliance Project Report

Company:

TransTax Solutions

Company Profile:

New Romania-based startup specializing in comprehensive tax compliance solutions for SMEs.

Project Duration:

3 months (Feb 2025 – Apr 2025)

Objective:

Ensure accurate, timely, and fully compliant tax filings while minimizing risks and penalties for clients.

Key Actions Taken:

• Reviewed client tax records for compliance gaps
• Implemented automated tax filing reminders and alerts
• Advised on VAT, corporate tax, and local tax regulations specific to Romania
• Provided training sessions on tax compliance best practices
• Regularly monitored regulatory updates to ensure ongoing compliance

Results:

Metric	Before Project	After 3 Months	% Improvement
Compliance Rate	70%	98%	+40%
Late Tax Filings	5 per quarter	0	-100%
Tax Penalties	€2,000	€0	-100%
Client Satisfaction	75%	92%	+22.7%

Summary:

TransTax Solutions successfully enhanced tax compliance for its clients by implementing robust processes and automation, reducing late filings and penalties to zero. This ensured peace of mind and optimized tax-related operations for growing Romanian businesses.