Starting January 1, 2025, the minimum gross national salary in Romania will be 4,050 lei per month for a standard working schedule....

Mandatory invoice elements in Romania: date, unique number, supplier and buyer details, description, taxable amount, VAT rate and VAT amount

With a notarised Power of Attorney (PoA), your accountant can represent your business at the Romanian Tax Agency (ANAF).

Romania introduces a citizenship card, biometric data collection, and digital services for a more secure and streamlined citizenship process

Updated fiscal laws, managing budget debts, raising pension thresholds, and revising VAT, gambling, and tax regulations.

Reminder: Pay local taxes by September 30. New 2024 luxury tax applies to high-value properties and cars.

New Tax Form 112 rules mean more employer duties for reporting non-wage income and vouchers. Compliance is key to avoid penalties.

Streamline logistics reporting with the e-Transport app from ANAF! Enrollment, starting transport sessions, managing active sessions

Stay updated on RO e-Factura and tax changes! Learn about optional/mandatory registration, precompleted VAT forms, and VAT refund procedures

Don't make tax payments on the 25th. Instead, ensure your payments reach the Treasury by then. Missing this deadline could mean penalties.

Starting a business in Romania? Ensure compliance by obtaining the paper-based inspection register within the first 30 days of incorporation

Explore how DAC6, SAF-T, and CSR are revolutionising business practices through enhanced tax transparency and sustainability reporting.

Fast-track your Romanian VAT registration and avoid unnecessary fees & delays. Learn the less-known method for new businesses.

This article presents the official ANAF list of Double Taxation Avoidance Agreements and presents solutions to language discrepancies.

Closing a Business in Romania doesn’t need to be a hassle. The easiest is to appoint a lawyer and an accounting firm, who work in sync

Tax optimisation opportunities from understanding the differences between Subsidiary, Branch, Representative Office, and Tax Representative

In Romania, the choice between establishing a profit-tax paying company and a micro-enterprise can significantly affect taxation.

A Permanent Establishment (PE) arises when a foreign company has a fixed place of business in Romania for more than 6 months

Until 30.04.2024, owners of real estate > 2.5 million lei and cars > 375 thousand lei must declare and pay the new 0.3% special tax

The new Law 296/2023 defines unauthorised activity as illicit, increasing risk of confiscation and fines

Issuing invoices to clients and sending them to RO e-Factura, as well as downloading invoices from suppliers, is the director responsibility

Your ACCA / CFA exams paid by GEC. Interested in joining GEC to take advantage of this opportunity? Email your CV to office@piroi.com