Income Tax in Romania

Income Tax in Romania

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…
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Import Tax in Romania

Import Tax in Romania

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…
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Taxation for Sole Traders in Romania

Taxation for Sole Traders in Romania

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…
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Taxation for Expats in Romania

Taxation for Expats in Romania

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…
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Withholding Taxes in Romania

Withholding Taxes in Romania

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…
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Accounting Services in Timisoara

Accounting Services in Timisoara

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…
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Capital Gains Tax in Romania

Capital Gains Tax in Romania

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…
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Income Tax in Romania

Income Tax in Romania

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…
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Double Tax Treaty Romania – South Africa

Double Tax Treaty Romania – South Africa

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…
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New Tax Exemptions for Natural and Legal Persons

New Tax Exemptions for Natural and Legal Persons

Significant changes in the tax legislation have been recently  adopted by the Romanian authorities. New tax exemptions for natural and legal persons are implemented since January 1st 2017. These tax exemptions are meant to make Romania a more attractive business investment location and provide further incentives for entrepreneurship. Detailed information about these tax exemptions can be provided to…
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