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Exemption from income tax for software programmers
Starting 1 February 2017, software programmers will benefit from tax relief on income from salaries regardless of the value of... read more
The Register of the entities for which tax deductions are allowed
Starting with April 1st 2019 sponsoring companies may apply the specific tax incentives only if the beneficiary is enrolled in... read more
Modifications to the Fiscal Procedure Code regarding the date to submit the electronic statements
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
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
News on VAT adjustment in case of bankruptcy, taxation of cryptocurrencies gains and other tax changes
The most relevant provisions are: The moment of VAT adjustment in case of debtor's bankruptcy was changed. The adjustment of the VAT will... read more
Order 191/2023 approving the form and content of reports for suspicious transactions
The Order approves the following documents: The form and content of the Suspicious Transactions Report for banking and non-banking reporting... 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
E-Invoice
• Starting with January 1, 2024, companies have the obligation to issue and send B2B and B2G invoices in electronic... read more
Elevating Business Efficiency: A Comprehensive Guide to E-Invoicing and the Role of Professional Service Providers
In the fast-paced realm of modern business, innovation continues to reshape traditional practices. One such transformation is the widespread adoption... read more

