Partnership Packages | International School of Oradea

Partnership Packages

 

BECOME AN ISO PARTENER

First of all, thank you for your interest in being an ISO partener! There is no better partnership to assure that all kids have the support and resources needed to succeed in school and life than the partnership between families, educators, businesses, volunteers and the local community.

We know that strong schools help build strong communities, and strong communities help build strong business. We are committed to seeking, building and nurturing these partnerships to ensure that our schools and communities are vibrant and our students prepared.

It is with genuine appreciation that we express our gratitude and thank you for your valuable contributions and commitment.

 NextGen Education Individual Contributor Certificate

 Displaying your name on the website

 Announcing on the social media

 Promoting partner products to our parents via email 1/year

 Promoting partner products to new students via email or brochure

 Displaying the logo on our website as a service partner

 Social media promotion 1/year

 Promoting partner products to our parents via email 2/year

Promoting partner products to new students via email/brochure brochure

Displaying the logo on our website as a bronze partner

 Social media promotion 1/year

 Live social media event 1/year

 Promoting partner products to our parents via email 3/year

 Promoting partner products to new students via email/brochure

 Displaying the logo on our website as a silver partner

 Displaying the logo on the school roll ups

 Social media promotion 3 times/year

 Live social media event 2/year

 Mention in the ISO Gazette

 Promoting partner products to our parents via email 1/month

 Promoting partner products to new students via email/brochure

 Displaying the logo on our website as a gold partner

 Displaying a roll up in the school entrance

 Workshop possibility with the students/parents

 Monthly social media promotion

 Article in the ISO Gazette

 Mention in various school events

Promoting partner products to our parents via email 1/month

 Promoting partner products to new students via email/brochure

 Displaying the logo on our website as a gold partner

 Displaying a roll up in the school entrance

 Workshop possibility with the students/parents

 Monthly social media promotion

 Article in the ISO Gazette

 Mention in various school events

 An advertorial în Bihon and Bihoreanul

GOLD PARTNERS
SILVER PARTNERS
SUPPORT PARTNERS
BRONZE PARTNERS
Reducing the tax due by supporting NGOs.
What are the conditions that must be met?

 

TAX BENEFITS OF SPONSORSHIP

The tax treatment of sponsorship expenses is provided by the Fiscal Code.

Legal entities registered as corporate income tax payers that grant sponsorships in accordance with the relevant legislation may benefit from tax credit (deduction from the corporate income tax due) for these sponsorship expenses, which means that part of the tax due to the state budget is redirected towards the entities sponsored.

According to the law, the tax credit for sponsorship expenses is granted up to the value of the lower of:

0.75% of net turnover; or
20% of the corporate income tax due

If sponsorship expenses exceed these limits, the unused tax credit can be carried forward over the next 7 consecutive years. In other words, in such a situation the tax incentive is carried forward and available to be used when the company’s profitability allows it.

Also, legal entities registered as microenterprise tax payers, that grant sponsorships, may benefit from the same tax incentive by deducting the sponsorship expenses from the turnover tax due, up to the threshold of 20% of the tax due.

Similarly to the carrying forward mechanism applicable to corporate income tax payers, if the sponsorship exceeds the 20% threshold in one quarter, microenterprise tax payers can carry forward the amounts exceeding the threshold in order to deduct them in the following 7 years.

In order to benefit from a tax credit, the sponsorship must be actually granted within the fiscal period. In other words, it is not sufficient just to conclude a sponsorship contract but the sponsorship must be actually paid or granted.

In addition, in order to benefit from a tax credit, in the case of sponsorships granted to NGOs, it is mandatory for the NGO to be registered in the Registry of non-profit legal entities.

Also, at the end of the year, legal entities that have granted sponsorships must file an informative statement detailing the sponsorships granted and the related beneficiaries.

From a VAT perspective, sponsorships granted in cash are not subject to tax. Goods offered or services rendered free of charge as sponsorship are not subject to VAT, if their total value in a year is within a limit of 0.3% of the annual turnover, as per the VAT returns submitted in the relevant year (sponsorships made in cash as well as sponsorships in the form of goods/services granted, for which no VAT was deducted, are not subjected to this limitation). For any part which exceeds this limit, VAT is collected and is included in the VAT return for the last tax period of that year.

CONDITIONS FOR GRANTING SPONSORSHIP

To qualify for the tax credit, sponsorship must fulfill the conditions set out in Law no. 32/1994 on sponsorship, as further amended, and it must be supported by a sponsorship contract which should be made available to the fiscal authorities in the event of a tax audit.

SPONSORSHIP CAN BE GRANTED TO:

1 Non-profit legal entities, engaged or planning to engage in an activity in Romania in the following fields: culture, art, education, science (fundamental and applied research), humanitarian aid, religion, charity, sports, human rights protection, healthcare, social services and assistance, environmental protection, social and community activities, professional association representation, as well as maintenance, restoration, conservation and enhancement of historic monuments;

2 Public institutions and authorities, including public administration bodies for the activities mentioned above in lettera);

3 Broadcasts or shows broadcast by television or radio organizations, as well as books or publications relating to the categories set out in subparagraph);

4 Any individual residing in Romania who carries out activity in one of the fields described in subparagraph) and is recognized by a not-for-profit legal entity or by a public institution that operates in the field for which the sponsorship is required.

THE FOLLOWING ARE NOT PERMITTED:

1 Mutual sponsorship between individuals or legal entities.

2 Sponsorships of relatives or in-laws up to the fourth degree.

3 Sponsorship of not-for-profit entities managed or directly controlled by the sponsor.

Tax relief is also not available for sponsors that seek to influence or control the activity of the recipient of the sponsorship directly or indirectly.

Contact

6 + 5 =

Phone

+40 359 178 757

Email

[email protected]

Address

International School of Oradea
Calea Armatei Române 1F,
Oradea – Bihor
Postal Code 410203