Decoding the Romanian dividend taxation for 2024
The Romanian dividend taxation rules have evolved over the years. Continuing from 2023, the dividend tax rate continues to remain at 8%, in spite of many proposals of government officials for its increase. This rate is a key component of the Romanian Tax Code and reflects the current Romanian government’s tax policies. 2024 tax obligations […]
Consulting a Romanian tax expert: when and why you should do It
Moving to a new country brings its set of challenges, and understanding the tax system is often one of the most daunting tasks. For those who have moved or are planning to move to Romania, grappling with the local tax regulations can be a complex affair. This complexity arises not just from the laws themselves, […]
When can a new Romanian company pay dividends?
When starting a business in Romania, a common question among new entrepreneurs is “when can a new Romanian company pay dividends?”. It is understandable for entrepreneurs to want to know how quickly they can withdraw money from their company’s profits in the form of dividends. Shareholders want to get company profits into their pockets as […]
Bitcoin tax regime in Romania – FAQ
We provide below answers to the most frequent questions about Bitcoin tax regime in Romania. The answers are drafted by the best tax consultants, specialized in the taxation of individuals and cryptocurrencies. They offer clarifications on the most commonly asked questions by our clients, such as: how must the taxable income from cryptocurrency transactions be determined?, […]
Using internship in Romania – basic rules that companies must observe
Many companies are using internship in Romania as a way of hiring temporary workforce, or are planning on using internship. This is a potential solution that’s part of their workforce restructuring plans in Romania, following the current economic conditions. Individuals lacking professional experience are also looking for entry or temporary jobs, where they can benefit […]
Tax registration of non-residents in Romania – practical aspects
Foreign companies or individuals, although not resident in Romania, can found themselves in the situation of having the obligation to register for Romanian tax purposes. In essence, the Romanian Tax Procedure Code includes in the scope of the obligation to register for Romanian tax purposes those non-residents involved in taxable transactions in Romania (essentially, we […]
What is the A1 certificate used for and how can we obtain it
In the article below, we explain the basic rules about the A1 certificate. The guide below answers important questions such as: “What is the A1 certificate useful for?”, “Why do I need to request an A1 social security certificate?”, “What are the most frequent situations where an A1 certificate should be obtained from the competent […]
Romanian tax residence explained in details
This article is the best guide on Romanian tax residence explained to expats moving to the country. Tax residence is a fundamental concept for anyone seeking to understand their fiscal obligations when moving to or doing business in Romania. Whether you are relocating for work, planning to stay only for a limited time, or are […]
Foreign nationals in Romania not complying with tax residency assessment subject to fine
A new fine is applied by ANAF for foreigners not complying with the tax residency assessment obligation. More exactly, foreign nationals in Romania who register a presence of more than 183 days within a period of 12 consecutive months will be imposed a fine by Romanian tax authorities, if they do not fulfill the mandatory […]
Romanian salary calculators
Use the Romanian salary calculators below to determine your payable taxes on salary in Romania Use the salary calculators below to estimate payroll taxes on different scenarios. Calculate the net or gross salary, contributions to social insurance, and determine the total salary cost. Our salary calculators are useful for both employers and employees, helping to […]
Will Romanian dividend tax rate change as of 2024?
The Romanian government has recently unveiled a draft ordinance intending to alter the country’s tax landscape. Among the tax law modifications, they also proposed a dividend tax rate change starting next year. More precisely, the proposal seeks to increase the dividend tax rate from 8% (as it is currently applicable) to 10%, starting January 2024. […]
International assignment of Romanian employee – mandatory steps
Table of Contents Are you for the first time faced with the requirement to solve the international assignment of Romanian employees to other countries? Dealing with a totally new case, are you a bit lost and don’t know how to deal with all the requirements of Romanian employment law and taxes? Do you feel helpless, […]
How to open an online tax account with ANAF
Both individuals and companies can open an online tax account with ANAF, in the Virtual Private Space (in Romanian: “Spațiul Privat Virtual” – SPV), a platform made available by the Romanian tax authorities. The online platform makes it possible for taxpayers to communicate with ANAF online, to file tax returns online, or obtain certain necessary […]
Salary tax exemption for software development sector in Romania – No longer applies as of 2025
Important update: As of January 1, 2025, the salary tax exemption for software developers in Romania has been eliminated from the tax law. This means that employers can no longer apply the specific tax exemptions for their IT employees, leading to potential changes in salaries and employment costs. Therefore, the eligibility conditions explained below are […]
How to get Romanian health insurance if you’re not paying it mandatorily
Are you living in Romania and would like to get Romanian health insurance, so you can benefit of medical care in all public hospitals and clinics? Would you also like to make sure you won’t have any potential issues with the immigration authorities, and start paying the Romanian health insurance as soon as possible? Even […]