The import tax in Romania is set at 19% which represents the VAT on imported goods from the EU and outside the EU. There are also exceptions regarding this tax, and here the country of origin of the respective products is taken into account, for its application. In the following lines, you…
In Romania, individuals have the opportunity to establish PFA-type businesses and individual enterprises, both of which are subject to specific taxation systems. If you are considering starting such a venture, we highly recommend taking advantage of the services provided by our team of knowledgeable Romanian accountants. Our dedicated specialists possess…
Foreigners who want to work in Romania must consider the applicable tax system. The same is available for international companies that want to enter the Romanian market. Taxes for expats in Romania can be explained in detail by our Romanian accountants, whether we are talking about individuals or legal entities. The specialized help…
The withholding tax in Romania is 16% and is applied to various types of income. Romania taxpayers must comply with the rules in this case, and in order to better understand what this type of tax entails, it is advisable to talk to a specialist in the field. Our Romanian accountants are at your…
Companies that want to outsource their accounting services can call on our company. Those looking for the best accounting in Timisoara in exchange for setting up an entire department can turn their attention to our services and can get in touch with us, either by phone, email, or by filling out a form on…
According to a general definition capital gains tax or CGT is the type of tax that is imposed on profits generated from the sale of property, precious metals, bonds, and stocks. But it is important to note that not all countries impose such a tax. In Romania, capital gains tax is…
16% represents the standard income tax rate in Romania for companies with activities in this country. The tax rate in Romania is relatively low compared to other European countries, but for more details on this topic, you can discuss it with one of our Romanian accountants. Our specialists can help international entrepreneurs register for…
Quality financial consulting will make the difference in the smooth running of a business in Romania. Experienced entrepreneurs know how important it is to benefit from the services of a financial advisor in Romania, and finding such an expert can sometimes be a real challenge. We invite you to discover in…
For most entrepreneurs, the bookkeeping, the management, employment services and paying taxes in Romania represent an unpleasant an obligation these must handle in accordance with the legislation. For our experienced team this is the field in which they can excel in supporting partners to develop without care regarding bureaucracy, statements and fines.…
If you have decided for business in Romania as a citizen from South Africa, you should consider the provisions of the double tax treaty signed by the two states, and meant to help business persons avoid the double taxation of incomes. Whether you are a Romanian with companies in South Africa or a citizen from South…