Romanian annual tax return assistance
Everything you need to control your taxes
Best annual tax return assistance
How We
Can Help
Get assistance with preparation and submission of your Romanian annual tax return from the best tax experts. We are specialized on expat taxes and have the necessary experience to manage your international tax affairs.
If you’re struggling with fulfilling your annual tax obligations in Romania, then we have the right expertise in managing your tax obligations in the most efficient manner.
Our tax team provides comprehensive guidance and assistance throughout the annual tax return procedures, ensuring complete compliance with tax law requirements. We prioritize your convenience by minimizing your involvement in the process, typically requiring less than an hour of your time investment.
plan of action
Fulfilling your Romanian annual tax filing obligations
01
Assess your annual tax obligations
Conduct a free assessment of your particular case, tax residency and types of income.
02
building your tax file
Collect all relevant tax documentation and information to help us correctly deal with your tax obligations.
03
Ensuring your annual tax compliance
Ongoing management of tax obligations: timely and accurate filing of tax return and payment of taxes, maintenance of proper records.
We are here every step of the way
our annual tax return services Include:
Our team guides and assists through the mandatory procedures, ensuring full compliance. All with minimal involvement from your side: usually, less than a 1 hour time investment.
Request for professional tax assistance
Get in contact filling the contact form, and one of our tax experts will be happy to assist.
About the Romanian annual tax return obligation
The Romanian annual tax return is an essential obligation for all individuals living in Romania or deriving income from Romanian sources. This tax return encompasses all types of income earned (and expenses incurred) during the previous calendar year. Failure to file this return or filing it incorrectly can result in fines, penalties, or even legal action.
The Romanian annual tax return can be a complicated and time-consuming process, especially for those who are not familiar with the country’s tax laws and regulations. Therefore, it is crucial for individuals to seek the advice of a tax expert to ensure that their returns are accurate and complete.
You can find below answers to the most frequently asked questions regarding the Romanian annual tax reporting obligation, applicable to individuals.
FAQ
The tax return must be filed by:
- individuals who are Romanian tax residents, and who, either as individuals or in a form of association, derive any type of taxable income, in cash or in-kind, from any source (from Romania or from abroad)
- non-resident individuals who derive income from Romanian sources – e.g. rental income from Romanian real estate (renting of a house).
The annual tax return must also be submitted by Romanian citizens or foreign citizens living in Romania who derive no reportable income, and who would like to voluntarily insure in the Romanian public health system. The health insurance contribution must be declared and paid via annual tax return filing procedure.
Any personal income that you derive as an individual, from activities such as:
- self-employment (freelancing) activities
- intellectual property rights
- renting of any assets (real estate, personal belongings)
- sale of shares or other types of financial investments
- dividends received from non-resident companies
- cryptocurrency transactions
- interest paid from any entities non-resident of Romania
- gambling activities
- pensions received from abroad
- income from any other sources which do not fall into any of the above categories
The Romanian annual tax return must be filed by every individual until May 25th of the following year. For example, for income derived during 2023, the reporting deadline will be 25 May 2024.
The same deadline applies for payment of the taxes.
Extension of the tax return submission deadline is possible only by law amendment (by authorities). There is no option for extension that can be exercised by an individual taxpayer.
The deadline for the tax payment is the same as for the tax return filing deadline (25 May of the next year). As the annual tax return filing system is based on a self-assessment system, the taxes you calculate and declare in the tax return can be paid directly, until the same deadline, without any assessment from the tax authorities. Tax authorities are not issuing any tax assessments or decisions over your taxes.
The annual tax return can be submitted online, as follows:
- through the “Virtual Private Space” online service (in Romanian: “Spațiul Privat Virtual”), available on the website of the tax authorities www.anaf.ro – for this you need to register a personal online acccount with this service;
- through the “Submission of declarations” service, available on the portal www.e-guvernare.ro, on the basis of qualified digital certificate (electronic signature).
It still can also be submitted in paper format, as follows:
- directly at the local tax authorities’ office (ANAF)
- or via Romanian Post (“Poșta Română“), through receipt confirmation procedure.