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
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
How is expat life in Bucharest?
Wondering how expat life in Bucharest is? Thinking of moving to Bucharest on your own or with a new job opportunity, and trying to find useful information on living in … Read more
Hiring foreign nationals in Romania – conditions applicable for 2020
What are the requirements for hiring foreign nationals in Romania, and how complicated are the procedures in this matter? What are the applicable conditions by Romanian law to obtain a … Read more
Romanian permanent residence permit – how to obtain it in 2020
The Romanian permanent residence permit (or long-term residence permit) certifies the right of a foreign person (from outside the EU territory) for long term residence in Romania. This permit can … 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
How to register a seconded employee in the Employee Electronic Registry
We briefly present below the essential rules on how to record a seconded employee in the Romanian Employee Electronic Registry (Revisal). First, let’s recall the definition of a secondment, according … Read more
Romanian residency permit for secondment expires soon? Check the extension solutions
Do you urgently need to extend the Romanian residency permit for secondment of a foreign citizen (from outside the EU)? Is the foreign citizen currently seconded to Romania, holding a … 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
The citadel of Brașov – best and must-see sights
Brașov is the favorite holiday destination in Romania for thousands of tourists every year due to the tourist objectives that the city offers. It is, without a doubt, one of … 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
How to exchange driving license to Romanian one – full procedure explained
Are you a foreign national living in Romania and looking to exchange your driving license to a Romanian one? Then you’re in the right place. This is a practical step-by-step … Read more
Romania – USA Income tax treaty – for the avoidance of double taxation
CONVENTION BETWEEN THE GOVERNMENT OF THE UNITED STATES OF AMERICA AND THE GOVERNMENT OF THE SOCIALIST REPUBLIC OF ROMANIA WITH RESPECT TO TAXES ON INCOME Preamble The Government of the … Read more
Tax convention between Romania and Germany (in force since 2004)
CONVENTION BETWEEN ROMANIA AND THE FEDERAL REPUBLIC OF GERMANY FOR THE AVOIDANCE OF DOUBLE TAXATION WITH RESPECT TO TAXES ON INCOME AND CAPITAL Preamble The Federal Republic of Germany and … Read more
Netherlands – Romania Income and Capital Tax Treaty
CONVENTION BETWEEN THE KINGDOM OF THE NETHERLANDS AND ROMANIA FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME AND ON CAPITAL … Read more
Income tax treaty between Romania and the United Kingdom
CONVENTION BETWEEN THE GOVERNMENT OF THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND AND THE GOVERNMENT OF THE SOCIALIST REPUBLIC OF ROMANIA FOR THE AVOIDANCE OF DOUBLE TAXATION WITH … Read more
Romania – Austria Convention for Avoidance of Double Taxation
CONVENTION BETWEEN THE REPUBLIC OF AUSTRIA AND ROMANIA, FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME AND ON CAPITAL Preamble … Read more
Income tax treaty signed between Romania and Italy
Preamble Romania and the Italian Republic Desiring to conclude a Convention for the avoidance of double taxation with respect to taxes on income and prevention of fiscal evasion, Have agreed … Read more
