Stock Option Plan – Romanian taxation rules for 2025
This article is specifically addressed to HR or tax professionals interested in the tax treatment applicable as per the Romanian tax law to a stock option plan, or to other similar remuneration plans based on company shares offered to employees. Thus, we describe below the tax rules applicable in Romania to such share plans, as […]
Self-employment tax calculator
Use our self-employment tax calculator for Romania to quickly determine the due taxes and the annual net income Calculate the net income after taxes, social contributions and determine the total tax cost. We help you understand how self-employment taxation works in Romania. Enter the amount of the annual gross revenue and the tool will automatically […]
About payroll in Romania – basic rules applicable for 2025
Looking to understand how payroll works in Romania, and what the main employment and salary taxation rules are? If you want to establish a business presence in the EU (European Union), Romania is a good country to do it. Romania still uses its own currency — the Romanian Leu (RON) — and has not joined […]
Taxation of foreign pension in Romania – detailed explanations
Taxation of foreign pensions in Romania is a topic that attracts significant interest among expatriates and foreign nationals receiving retirement income from abroad. As Romania becomes an increasingly popular destination for retirees from around the world, understanding the local tax implications of foreign pension income is essential. Actually, we’ve been addressed this question by our […]
Rental income taxation in Romania – practical guidance
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 it? In this article, our team of tax consultants provides best practical tips for rental income reporting in Romania, so you can apply the most […]
Do I have to file a tax return in Romania? How to determine this obligation
When it comes to the obligation to file a tax return in Romania, our tax system makes no exception from those of other countries. Everyone would agree that preparing and filing a tax return is not an easy job in any country. But this gets a lot more complicated when you are a foreign individual […]
Managing a microenterprise company in Romania – useful guide
If you have just set up a microenterprise company in Romania or intend to do so in the future, you would surely want to know how such type of Romanian company works. It is very important to understand what your tax obligations are, as shareholder or representative of such company, what is the level of […]
Cryptocurrency taxation in Romania, how is it regulated in tax law?
Are you looking to understand how cryptocurrency taxation in Romania works? Are you making money from investments in cryptocurrency and don’t know how to fulfil your tax reporting obligations? Cryptocurrency has emerged as a significant player in the global financial market, and Romania is no exception. With the increasing popularity of digital currencies like Bitcoin, […]
Navigating company car tax rules in Romania – the ultimate guide
The question regarding the company car tax rules is very frequently raised among Romanian employers. Especially those who allow employees to use company cars not only for work-related tasks, but also for personal purposes. In such cases, the tax treatment applied to the use of the company car and related expenses is different from that […]
New regime for rent taxation in 2024 – key things to consider for filing your return
The year 2024 brought significant changes to the rent taxation system in Romania. Understanding these new regulations is crucial for property owners to ensure they apply the correct tax treatment to rental income generated in 2024 and fulfil their annual tax return preparation and filing as per the new regulations. This article outlines the key […]
Taxation of property sale in Romania – how does it work in practice?
Navigating the taxation of property sale in Romania can be a complex endeavor, especially for those unfamiliar with the local legal and fiscal landscape. Understanding how this process works in practice is essential for both buyers and sellers of real estate. This helps them ensure tax compliance and optimize financial outcomes. The prices of apartments […]
Why it is important to file the annual tax return in advance to avoid “technical issues”
There is little time left until the legal deadline to file the annual tax return and pay the related taxes – but we advise you to submit it in advance, and not to leave it until the last days before the deadline. Why? Because the experience of the past years has shown us clearly enough […]
An expat tax guide for Romania – navigate the complexities of taxes
This is an essential expat tax guide which is very useful to those moving to Romania, and who need to demystify the tax reporting obligations applying for different types of income. We know that moving to another country brings with it a multitude of adventures and challenges. One of them is for sure navigating the […]
Dividend tax reporting in Romania – how it works in 2024
As we start to navigate through 2024, understanding the intricate details of dividend tax reporting in Romania becomes crucial for both companies and individual shareholders. This article explains the essentials of Romanian dividend taxation, spotlighting the critical changes and ongoing requirements that shape the current framework. Understanding dividends in Romanian law Dividends in Romania are […]
Microenterprise tax regime – changes as of 1 January 2024
The start of 2024 has brought significant tax law changes in Romania, impacting the microenterprise tax regime. These changes significantly reshaped the taxation landscape for small and medium-sized enterprises (SMEs). As the Romanian government seeks to refine fiscal policies to create a more equitable and robust economic environment, these amendments demand attention and adaptation from […]