Generate the Sponsorship Contract
Tax details
Download application 177
Directs 20% of the profit tax (legal entities)
Download the sponsorship contract above
2022 was a busy year for the "Save a Heart" Association. Full of humanitarian campaigns, but also of successes that have delighted our soul and given us hope and confidence that this year, too, we will change for the better the future of children condemned by serious diseases.
We saved over 850 little ones, thanks to the 114,000 people who understood that any amount donated can make the difference between life and death.
Together we raised more than 16,000,000 euros, money that went to clinics and hospitals in the country and abroad, where children were operated on and benefited from treatments and recovery at high standards.
Any donation mattered, whether it was 2 euros through an SMS, whether it was 5,000 euros by card or over 185,000 euros through sponsorships.
There is also a form of financial aid that costs nothing. It is about directing 3.5% of the income tax in the case of individuals, and 20% on profit or income tax in the case of legal entities.
And companies can extend a helping hand to us, as they have done so far: also on our website, in the "Direct" menu there is also the sponsorship contract
In this case, 20% of the corporate tax can mean new lives saved.
You don't have to believe us. See for yourself! Enter the www.salveazaoinima.ro website, search for details about us in the thousands of media appearances and donate to one of the cases we deal with.
Microenterprise sponsorship 2022
2. Microenterprise income tax payers
Starting with April 1, 2018 , it was established the possibility to benefit from deductions for sponsorships also in the case of microenterprise income tax payers. Between April 1, 2018 and March 31, 2019, they could deduct from the tax on the income of microenterprises sponsorships made according to the provisions of Law no. 32/1994 for supporting non-profit entities and places of worship, which are providers of social services accredited with at least one licensed social service, up to the level of the value representing 20% of the tax on the incomes of microenterprises due for the quarter in which they recorded the respective expenses.
Starting with April 1, 2019 , microenterprises that perform sponsorships, according to the provisions of Law no. ANRE President's Order no. 32/1994 for the support of the ent
non-profit entities and places of worship, which at the date of conclusion of the contract are registered in the Register of entities / places of worship for which tax deductions are granted, deduct the related amounts from the tax on the incomes of microenterprises up to the level of the value representing 20% of the tax on the incomes of microenterprises due for the quarter in which they recorded the respective expenses.
The amounts that are not deducted from the microenterprise income tax due shall be carried forward to the following quarters, for a period of 28 consecutive quarters. The deduction of these amounts from the tax on the incomes of microenterprises due, in the next 28 consecutive quarters, is made in the order of their registration, under the same conditions, at each payment term of the tax on the incomes of microenterprises.
The facilities provided by the Fiscal Code are applied only if the sponsorships are made in accordance with the provisions of Law 32/1994. According to her, she can be a beneficiary of the sponsorship:
a) any non-profit legal person, which carries out in Romania or is going to carry out an activity in the following fields: cultural, artistic, educational, educational, scientific - fundamental and applied research, humanitarian, religious, philanthropic, sports, human rights protection, medical-sanitary, social assistance and services, environmental protection, social and community, representation of professional associations, as well as maintenance, restoration, conservation and valorization of historical monuments;
b) public institutions and authorities, including specialized bodies of public administration, for the activities referred to in letter a);
c) also, under the terms of this Law, broadcasts or programs of television or broadcasting organizations, as well as books or publications in the fields defined in letter a) may be sponsored ;
d) any natural person residing in Romania whose activity in one of the fields referred to in letter a) is recognized by a non-profit legal person or by a public institution operating in the field for which sponsorship is requested.
Thus, if in the case of corporate tax payers, the amounts granted under sponsorship contracts to any person who may be a beneficiary of the sponsorship according to Law 32/1994 can be deducted, within the limits provided by the Tax Code, with the mention that, in the case of entities
atilor non-profit legal entities, including places of worship, the amounts can be deducted only if they are included in the Register of entities / places of worship for which tax deductions are granted), in the case of entities that owe tax on the incomes of microenterprises, entities can deduct only sponsorships made to support entities legal entities non-profit entities, including places of worship and only if they are listed in the Register of entities / places of worship for which tax deductions are granted.
So, you can make a sponsorship without costing you anything!
Example of calculation of sponsorship ceiling and carryover
Turnover in the fourth quarter = 1.000.000 lei
– tax due = 1,000,000 lei x 1% = 10,000 lei
– limit of 20% of the tax due = 10,000 lei x 20% = 2,000 lei
– sponsored amount = 4.000 lei
– the amount that can be deducted from the tax is = 2,000 lei
– tax credit carried forward for the following quarters = 4,000 lei – 2,000 lei = 2,000 lei
– tax on the incomes of microenterprises payable in the fourth quarter = 10,000 lei – 2,000 lei = 8,000 lei
WHAT REMAINS TO BE DONE?
It's all about signing a Sponsorship Agreement between your company. and NGOs, on the basis of which the money can be deducted from the profit tax. After using the amount donated, you will receive a report on how your money was spent and the impact it had on the lives of those who needed us.
We invite you to get to know each other and discuss more about our projects.
Vlad Dumitru Pie
email: office@salveazaoinima.ro
phone: +40 752 753 540
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