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Fiscal ceilings 2020
Tax ceilings EUR Exchange rate RON Micro enterprises 1,000,000 Exchange rate 31.12.2019 - 4.7793 RON/EUR 4,779,300 Switching from unpaid to paying VAT 88,500 3.3817 RON/EUR 300,000 Switching from VAT collection to normal... read more
Changes in income earned by non-residents
Dear client, As already announced in info no. 2 send January 28th and published on our website, the Fiscal Code is... read more
Taxation of part-time contracts
Starting with the income of January of the current year, the taxes for the part-time employees are calculated proportionally with... read more
Updates to the Corporate income tax return
Order no 4024/2014 to amend Order amending and supplementing the National Agency for Fiscal Administration Order no. 1.950/2012 approving the... read more
The VAT exemption threshold increases to 300,000 lei
Law no. 72/2018 regarding the approval of Government Ordinance no. 25/2017 for amending Law no. 227/2015 regarding the Fiscal Code... read more
Minimum gross salary guaranteed to payment
Starting 1 February 2017 the gross minimum wage guaranteed to payment is modified. According to HG no. 1/2017 (Official Gazette... read more
Updates to the Fiscal Procedure Code
Order no 2869/2014 amending and supplementing Appendix 1 to National Agency for Fiscal Administration Order no 127/2014 approving the Instructions... read more
An update to Statement 394 will require companies new disclosures about transactions with related parties
The new form will contain a section where companies will disclose whether they had, or not, any transactions will related... read more

