44 results found

Starting July 1, 2026, Romania will implement significant changes to its minimum wage policy, raising the gross minimum salary while simultaneously reducing tax exemption benefits. These adjustments will impact both employers and employees across the country, affecting payroll calculations and net income for minimum wage workers.

The maximum value for daily meal tickets that can be awarded to employees while benefiting from a special fiscal regime has been increased from 30 RON (approximately 6 EUR) to 35 RON...

On December 31, 2024, Emergency Ordinance no. 156/2024 was published in the Official Gazette, bringing notable changes to Romania's fiscal framework for 2025.

February 2026 – At the beginning of 2026, we informed you about a significant tax reform enacted by the Romanian legislature...

As described in our previous newsletter in September 2024, profit taxpayers and microenterprise income tax taxpayers in Romania benefit from a 3% discount of their annual profit/income...

Romania recently implemented the EU Directive in its tax legislation.

Unable to keep its budget deficit under control, Romania announced a comprehensive package of tax measures earlier this year aimed at ensuring the country's long-term financial sustainability.

A new year has begun, and the build-up of tax responsibilities and pressure has peaked and is now close...

On 30 December 2024, the Romanian government adopted Emergency Ordinance no. 156/2024 ("the GEO") regulating a series of important fiscal changes...

There will be a significant number of tax changes in Romania in 2023. While companies may welcome some of them, others will bring them additional tax costs this year or next.

The most notable change in the fiscal environment in 2017 so far has been the VAT rate. It has decreased three times in the past 18 months, most recently in January when it reduced to 19%.

A legislative project applicable as of January 2024 challenges the tax system in Romania. Its aftershocks seem to be tangible for businesses and individuals. First and foremost, the project targets at micro SRLs...

On December 6, 2010, the government of Romania approved an Emergency Ordinance, which introduces that the retirees with incomes higher than 740 RON will have to pay contribution of 5.5% to the National Unique Health Insurance Fund (NHI), starting with January 1, 2011.

Order 827/2026 issued by Romania’s National Agency for Fiscal Administration (ANAF) approves a new procedure—including detailed application requirements—for issuing and amending Advance Pricing Agreements (APAs).

Once the restrictions are lifted, however, we expect not only tax audits to be resumed, but in fact expanded.

For eligible investors, Romania has a number of attractive tax incentives that can reduce the overall tax burden or improve cash flows during the investment phase.

The categories of mandatory social contributions set by the Romanian Fiscal Code payable by employers and by employees in different proportions are reduced from six ...