About

Ascongroup is well knowm local provider of audit, tax,financial and advisory services, providing advice to important companies in defining their strategy for entering, developing and diversifying their activities in Romania.

We provide a practical, customised and integrated range of business services that is market and performance driven.

As a small company ,our aim is not to be a traditional business "consultant" but to work with clients from start to finish, creating (strategic) added value for them at each stage of the project's cycle, thereby reducing their exposure to risks and improving their potential financial returns.
Success is directly related to its close affiliation with its local partners and staff, who are recruited on the strength of their motivation, entrepreneurial skills, practical business experience and proven track record in international business and their strong local public and private sector networks.

Companies

Audit, Tax and Financial Advisory Services

Our approach minimizes the risk of errors and maximizes the value obtained from financial models. Our models are designed from the start to address key issues and decisions facing senior management, allowing you to tackle critical business decisions with confidence.

Tax practice is focused on finding opportunities and leveraging them to the advantage of clients in the form of significant tax savings in the form of significant tax savings. Through tailored initiatives, the practice can help reduce a client's bottom-line expenses.

Audit practice helps clients manage risk so they can focus on their core businesses. By intimately understanding each client's business, we can convert information into insights to uncover the hidden opportunities that can help clients improve efficiency and performance.

For financial institutions, the key to staying competitive in the context of uncertain financial markets and structural changes is to more effectively manage financial risks and evaluate risk management strategies on a regular basis.We can help these institutions improve efficiency and pinpoint acceptable levels of risk.

Accountancy and Fiscal Services:

Basic accounting activities: house register, all kind of books (buying, selling, etc.)

All declarations for the Public Financial Administration, for the Pension House, for the Unemployment House, for the Health House, etc.

Consulting in preparing the corporate tax and financial declarations for any Romanian Business

Counseling in clients’ relation with the Romanian fiscal authorities

Assisting in clients’ relation with tax authorities for starting a Romanian Business

Investors

Set Up Services for a Business:

Registration of a new company, set up associations and other types of organizations, setting up branches, including the completion of administrative formalities

Registering of representative offices

Registration of annotations, licenses, cessions, modification of foundation deeds, foundation of secondary head offices, change of head office or name, change or appointment of managers or business partners, increase of capital

Counseling and assistance through all the necessary steps for obtaining the required authorizations for doing business in Romania

Obtaining the authorizations on our clients' behalf

Representing you before the public administration authorities

Drawing up of documents and contracts for doing business in Romania

Real Estate Consulting

Evaluation of Propriety

Identifying your needs in the real estate field..

We offer consulting regarding real estate acquisition..

We also offer consulting regarding real estate renting..

Consulting for the elaboration of rental or purchasing contracts in Romania

Financial Advisory Services

If you're building or repairing a business, you're making deals worth millions of dollars and putting the fortunes of stakeholders on the line.

Whatever your stake — CEO, creditor, shareholder — you need to know what to hold out for and what you can give away.

And you need the other players in the deal to know you know. Moreover, you need connections to capital, people and information. It all comes down to strength. You can't do a deal without it.

When you work with us, you share our strength. Exceptional technical skills. Global, seamless communications, Deep industry knowledge.

Your goal is shareholder value. We help build a structure to take you there

Risk Advisory Services

Constantly changing market conditions can place restrictions upon firms’ abilities to conduct business efficiently and cost-effectively. In addition, it is just not feasible for them to employ highly trained individuals for tackling each problem with which they are confronted. Capitalizing upon its broad knowledge base across a broad range of industries, our Risk Advisory professionals can provide the necessary in-depth knowledge, methodology and tools to help fill the gaps.

Reliable financial reporting results are crucial for effective business management. The shape this information takes is influenced by numerous national and international rules and regulations. Meanwhile, the accounting system employed must provide reliable results in an appropriate format. Our Accounting Advisory professionals are well versed in both the various accounting standards and in their application within specific industries.

Strategic advice and consultancy services to private enterprises

Ascongroup is a strategic adviser and can add value for clients in the following areas:

• analysis / diagnosis of companies

• business plans or feasibility studies

• corporate / project finance

• professional advice and support for direct investment

• post investment monitoring services for strategic or financial investors

• general consulting, such as: sector studies, general market research and market overview, management consulting, tailored training (for top management), institutional support

Financial and Investment Advisory Services

Our role varies per case depending on the position of the client (buyer or seller) and tactical considerations. The services provided are often (a mixture of) the following:

• Identification of M&A targets

• Identification of investors

• Writing the sales/investment memorandum and/or other presentation material

• Assessment or "pre due diligence" of candidates

• Negotiations

• Identification of co-finance possibilities

• Identification of government incentives

• Deal structuring

• Due diligence

• Deal closing

Our partners and staff cover the largest part of the client needs directly. In some cases, external experts complete the Ascongroup team.