Companies can direct 20% of their corporate tax to an NGO that supports a social cause, and the expenses are deductible. With sponsorships like this, our programs become more sustainable, we can grow more efficiently and reach more children and families in need.
The payment is made directly to the chosen NGO and not to ANAF (National Revenue Agency).
For the amount to be deductible, the following conditions must be met:
This type of sponsorship does not involve any additional costs and does not affect the company’s net profit.
You have the freedom to choose exactly where these funds go, thus supporting a cause that interests you, adding the benefit of having visibility on the context in which the money is invested in the community.