The minimum wage in Romania is RON 3,000 per month and was increased by 17.6% at the beginning of 2023. This amount represents the minimum gross salary in Romania, guaranteed in payment, according to the Labor Code, Law no. 53/2003. In the following lines, you can find information about the minimum wage in…
For most entrepreneurs, the bookkeeping, the management, employment services and paying taxes in Romania represent an unpleasant obligation and a waste of time. 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. We offer customized services…
According to the Romanian Law, the certification of tax returns must be performed by a tax consultant who acquired a special status and is registered as an active member in the register of tax consultants and tax consulting firms. This decision is taken in accordance with the rules established by Ordinance no.…
In Romania, commercial companies, national autonomous administrations, national institutes of research and development, cooperative societies and other legal persons operating for profit shall be bound to double entry bookkeeping to prepare annual financial statements. For organizations and trade unions, as well as for other non-profit organizations, which carry out economic activities,…
When you are a foreign entrepreneur who runs a business in Romania you should be aware of the double tax treaties signed by Romania with other countries in order to avoid paying taxes in both countries. For this, you need the advice provided by a Romanian accountant who can guide you through the entire…
When you own a Romanian company that distributes the profit in dividends, you should ask an accountant about the Romanian regulations in this field. Even though the procedure is not complicated, it may incur tricky rules which can be solved only by an experienced accountant in Romania. This is why we…
The corporate tax in Romania is mandatory for all legal persons, with some exceptions provided by the law and you should ask for a specialized accountant advice to obtain a customized calculation for the corporate tax. In this sense, our accountants in Romania will provide all the legislative information for paying your corporate tax…
We are a team of Romanian accountants prepared in assisting corporate clients in a wide array of financial services: accountancy, financial consultancy and administration, payroll & related, VAT registration and VAT compliancy, as well as audit services. Kontas Management SRL offers accounting, audit, tax, business advisory and commercial legal services. Our services Our company…
Our team of accountants in Romania is at the disposal of both local and foreign investors who decide for business in Romania and who need assistance in the financial matters and many more. It is important to have in mind the services of an accounting firm and of specialists in this significant field. We can…
From the beginning, we mention that our team of accountants in Romania offers audit services in Romania in accordance with the International Standards on Auditing (ISA) fully adopted by the Chamber of Financial Auditors of Romania. Performing an audit in Romania is achieved by the analysis of an authorized specialist on the overall economic condition of a…
