SMEs are outnumbering other types of firms in the Romanian economy. For this reason, the importance given to this type of enterprises must increase. One possible way of achieving this goal is stimulating their activity using means for raising the financial and legal support.

Throughout this paper we intend to identify and propose specific procedures for achieving the above mentioned objective, out of which we mention: evaluating the economic impact of the existing regulations concerning the SMEs; simplifying the procedures for obtaining the authorizations and special licenses needed for starting up the business and the ones which are issued after the firm is registered; simplifying the declaration and registration procedures for SMEs; improving the legal environment for SMEs by removing the administrative barriers. The object of our study is providing assistance for SMEs in identifying new ways of increasing and developing their business, and, last but not least, the accounting harmonization with international regulations.

small and medium-sized enterprises, structural funds, stimulating methods, accounting implication