accounting in romania Archives - Romanian Accountants

Double Tax Treaty Romania – Bulgaria

Double taxation is when a person, natural or legal, pays income tax twice on the same source of income. This normally happens for persons who are working abroad or are engaged in international trade and is very burdensome for the tax payer. That is why in April 24, 2015, the double…

Double Tax Treaty Romania – Australia

Double taxation occurs when the same income from the same source is taxed by two different countries. To prevent this from happening, in February 2, 2000, the double tax treaty between Australia and Romania was signed. The treaty was called The Agreement Between Australia and Romania for the Avoidance of Double Taxation…

Double Tax Treaty Romania – Belgium

The double tax treaty between Romania and Belgium settles the taxation rules for the income obtained by the economic agents in one of the two countries. Belgium applies the exemption with progression method which implies lower taxation amounts. Our Romanian accountants are ready to offer counsel regarding the double taxation treaty and all its related legal…

Double Tax Treaty Romania – Austria

In November 2014, Romania signed a double tax treaty with Austria. This convention has as a goal to prevent tax evasion and to avoid the taxation of Austrian or Romanian companies in both countries. Moreover the treaty provides some tax reductions and some special taxation regulations for the participant states. Beneficiaries…

Corporate Tax in Romania

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…