Bitcoin tax regime in Romania – FAQ
In this article we provide answers to the most frequently asked questions about Bitcoin tax regime in Romania. The clarifications provided below are written by the best tax consultants and … Read more
Taxes
Dividends taxation in Romania – FAQ
In this article we provide answers to the most frequently asked questions about dividends taxation in Romania. The clarifications provided below are written by the best tax consultants and experts … Read more
What does a tax consultant do, and how to find a good one?
A tax consultant is an expert in tax law, planning, as well as compliance. He serves not only businesses, but individuals as well by staying current on any tax law … Read more
Stock Option Plan – Romanian taxation rules for 2020
This article is specifically addressed to HR professionals interested in the tax treatment applicable as per the Romanian tax law to a stock option plan, or to other similar remuneration … Read more
Romanian employers can still receive financial aid during pandemic
The latest measures for financial aid during pandemic taken by the Romanian government in the COVID-19 context are really beneficial for the Romanian employers. The restrictions imposed, not only by … Read more
Statement regarding the ultimate beneficiary – eliminated for certain companies
The statement regarding the ultimate beneficiary, which the majority of the Romanian companies registered in the Romanian Trade Register have the obligation to submit, could be repealed for certain categories … Read more
Rental income tax exemption for 2020 – now you can benefit of it
Romanian authorities have finally enacted the rental income tax exemption possibility for tax year 2020. This is a temporary tax exemption that was under draft project for a while, but … Read more
COVID-19: New tax measures adopted by Romanian government
The Romanian government recently adopted additional tax measures in response to the COVID-19 pandemic, by publishing a new emergency ordinance – GEO 48/2020. Thus, this ordinance comes to supplement the … Read more
How to open an online tax account with ANAF during COVID-19 period
Both the individuals and the companies can open an online tax account with ANAF, in the Virtual Private Space (in Romanian: “Spațiul Privat Virtual” – SPV), a platform made available … Read more
Romanian tax identification number for a foreign director – how to obtain it?
In this article, we detail the procedure for obtaining a Romanian tax identification number for a foreign citizen not holding a Romanian CNP. The foreign citizen has been appointed on … Read more
Romanian annual tax return – frequently asked questions
1. Who has an annual tax filing obligation in Romania? The tax return must be filed by: For more details regarding the tax residency concept, and its applicability in Romania, … Read more
Technical unemployment guide during COVID: useful tips for employers
Romanian Government recently modified the conditions under which the Romanian state will assist companies which face closure or significantly reduced activity due to the Coronavirus restrictions. More exactly, the rules … Read more
Pay Romanian road tax online – all steps explained
Are you looking for an option to pay the Romanian road tax by other means than directly at the gas stations? Well, of course you do… if this makes it … Read more
Monthly salary tax return – how do expats declare salary taxes in Romania?
Has your company seconded employees to Romania and you don’t know how to deal with their tax reporting? Is this a new situation for you? And you don’t even know … Read more
What’s the cost for registering a company in Romania? Here’s the simple truth
We received many questions lately about the estimated cost for registering a company in Romania. So, we wanted to publish the information in a useful article on this subject, that … Read more
New deadline for Romanian annual tax return is 25 May 2020
The Romanian government recently set a new filing deadline for Romanian annual tax return which individuals are required to submit this year. Thus, the good news is that the authorities … Read more
International assignment of Romanian employee – mandatory steps
Table of contents: Definition of an assignment/secondment as per the Romanian employment law Maximum period for an international assignment of Romanian employee List of documents that must be prepared for … Read more
Rental income taxation in Romania – practical guidance for best tax saving
Looking for best advice on rental income taxation in Romania? Are you trying to get some tips on efficient reporting of your rental income in Romania, and still can’t get … Read more
Romanian taxes on dividends in 2019
The income obtained from the distribution of dividends has been subjected to many changes over time, which were brought by different Romanian governments to the Romanian Tax Code. The most … Read more
How to obtain a Romanian tax identification number
Do you need to obtain a Romanian tax identification number and do not know where to go, and what are the steps you should follow? In this article, we will … Read more
