Direct 20%

Welcome to the FARA Foundation! Thank you for being with us!

You can direct, totally or partially, 20% of your income/profit tax to the FARA Foundation. Any amount is welcome!

Steps to Direct 20%

Step 1: Calculate the amount.
Step 2: Sign the sponsorship contract.
Step 3: Pay the established amount into the Foundation’s account. Payment can be made no later than the last day of each quarter. Directing 20% of the income/profit tax does not represent financial pressure for the company. The sponsored amount is fully deducted from the tax paid to the state. The company does not pay anything extra because FARA Foundation is registered in the Register of Foundations/Religious Units (number INTERNT-169727677-2019).

The sponsorship will be wisely spent in the interest of FARA Foundation’s beneficiaries. We invite you to find details about our programs and activities in the Annual Report on this page.

Three Simple Steps and No Additional Cost for the Company

Step 1

Calculate the amount. Legislative details and an example of calculating the sponsored amount can be found here.

Step 2

Complete the sponsorship contract and send it by email in PDF format to office@faracharity.ro

Pasul 3

Transfer the indicated amount in the sponsorship contract to FARA Foundation’s bank account. The sponsorship contract includes account details.

Download the sponsorship contract

for directing 20%

Value of Sponsored Amount

For a commercial company that pays profit tax, the amounts related to sponsorships are deducted from the profit tax owed to the state budget of Romania and calculated at the minimum value between 0.75% of the turnover and 20% of the profit tax owed, according to the law.

For micro-enterprises, the amounts related to sponsorships are deducted from the income tax owed for a quarter, up to the value representing 20% of the income tax owed for the quarter in which the expenses were recorded.

We are available with additional information about the procedure for directing 20% of the profit tax. You can contact us at office@faracharity.ro

How Else Can You Support?

Recommend FARA Foundation to entrepreneurs.
Donate products, services, training hours, and mentorship to vulnerable people.
Share your experience on social media pages.
Promote FARA Foundation within your company.

Support FARA Programs

Your messages about how you want to support us can be sent to office@faracharity.ro. We assure you that we will respond promptly! Your generosity adds value to FARA Foundation’s efforts and the passion and professional dedication of the team. Be part of the joy we bring to those who need help the most!