Exempted from the general obligation to publish the annual financial statements are:
- state financed entities and sole traders not subject to statutory independent financial audit and sole proprietors who have not operated during the reporting period; and
- all other enterprises that have not operated during the reporting period. This circumstance shall be declared on a one-off basis for the first reporting period in which no activity was carried out, with a declaration in the form approved by an order of the Minister of Finance by 31 March of the following year for all non-profit traders and legal entities in the commercial and non-profit legal entities register.
The Registry Agency electronically provides the National Revenue Agency with lists of companies within a shorter timeframe, respectively, by July 31 of the current year for the non-submitted financial statements and by April 30 of the current year for the declarations of non-activity.
Within two months of information receipt from the Commercial Register, the National Revenue Agency shall take the necessary measures to carry out inspections and to establish infringements.