Posts tagged with #income-tax
INCOME TAX EXEMPTION IN THE IT FIELD ...
Under the law draft on tax measures for ensuring Romania’s long term financial sustainability tabled for public debate by the government, the income tax exemption on salaries and other salary-related income for employees in the [...] Read more
22 September 2023
INCOME TAX EXEMPTION: A BROADER LIST ...
Starting with January 1, 2023, new categories of employees in the IT field hired based on an employment contract may benefit of an income tax exemption enacted by the Order no. 21813/6421/2246/4433/2022, published in the [...] Read more
2 February 2023
THE MINIMUM GROSS SALARY AND SOCIAL C...
Starting with January 1, 2023, the minimum gross salary at the national level increases from 2,550 Lei per month to 3,000 Lei per month. In the construction field, according to the GEO no. 168/2022, the [...] Read more
13 December 2022
REPRESENTATIVE OFFICES OF FOREIGN COM...
The legal framework regulating the registration and operation of representative offices of foreign economic entities was aligned to the economic and digital reality by the Ordinance of the Government no. 18/2022, published in the Official [...] Read more
29 August 2022
TAXATION: NEW RULES AS OF AUGUST 2022...
The Fiscal Code was subject to major changes enacted by the GO no. 16/2022 published in the Official Gazette no. 716 of July 15, 2022. Read more
28 July 2022
TAX INCENTIVES FOR EMPLOYEES ACTING I...
The procedures for granting tax incentives, benefitting the workers in the agricultural field and the food industry who have a 3,000 lei monthly minimum basic gross wage, were published early this July in the Official [...] Read more
27 July 2022
TAX CONSOLIDATION: THE IMPLEMENTATION...
Order no. 1.191 of July 26, 2021, published in the Official Gazette no. 766 of August 6, 2021, provides for the procedure for the setting up and administration of the tax group for profit tax [...] Read more
16 September 2021
ESTABLISHING A REPRESENTATIVE OFFICE
Foreign companies wanting to deploy their activities on the territory of Romania may choose either to create a local entity, i.e. a branch office or a subsidiary, or to open a Representative Office having no [...] Read more
28 February 2019
TAXATION OF REPRESENTATIVE OFFICES: N...
New legal provisions regarding the taxation of representative offices of foreign companies in Romania ("ROs") will enter into force on 1 January 2018. These new provisions are set forth by Government Ordinance no. 25 as [...] Read more
28 September 2017