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Short tax guide to newcomers
The number of foreign people choosing to settle in Romania is increasing, slowly but surely. Many authors or freelancers can... read more

Various cash limitations are brought back to previous level with some exceptions
The following changes are still valid: Advances for cash settlement are limited to RON 1,000/day per person. Ceiling at the... read more

The deadline for submitting the form regarding the beneficiaries of the sponsorships is approaching
The micro-enterprises income taxpayers that carried out sponsorship activities must submit the declaration 107 about the beneficiaries of sponsorship up... read more

New levels of Intrastat thresholds since January 2019
The Order approves the value of Intrastat reporting thresholds for 2019 as RON 900,000 for intra-EU shipments and procurements. The... read more

Transfer of Business (TOGC) – Long term Tax Implications in Romania
Daca implicatiile fiscale imediate ale unui transfer de afacere sunt binecunoscute si avute in vedere de toate partile implicate, sunt... read more

Average gross salary for 2017 was approved
Law no. 7/2017 regarding state social insurance budget for the year 2017 was published in the Official Gazette no. 128/02.17.2017. Starting... read more

Form 088 has been removed
ANAF Order no 605/2017 on establishment of the criteria for VAT registration was published in the Official Gazette no. 93/01.02.2017. Cancellation... read more

The Procedure for applying the debt rescheduling mechanism provided in GEO 181
The procedure applies to the main fiscal obligations and to afferent accessories under the administration of the central fiscal body,... read more