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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
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
Law 216/2023 brings clarifications regarding the delivery and installation of photovoltaic panels
The law brings clarifications regarding the extension of the application of the reduced VAT quota to other supplies of goods... read more
The social security tax is reduces with 5%
Law no 123/2014 amending Law no 571/2003 regarding Fiscal Code was published into Official Gazette no 687/19.09.2014. Social security contribution rates... read more
Change in nominal value of meal vouchers
Law no. 218/2016 for the amending art. 3 paragraphs. (1) of Law no. 142/1998 regarding the granting of meal vouchers... read more
Changes to the Fiscal Code – income tax exemption for reinvested profit
Emergency Government Ordinance no 19/2014 to amend Fiscal Code, was published into Official Gazette no 308/25.04.2014 Main amendments: Tax exempted profit can... read more
Maintaining the net income for tax exempt persons for which the net income has been diminished as a result of the transfer of social contributions from employer to employee
Government Emergency Ordinance no. 3/2018 on certain fiscal-budgetary measures was published in the Official Gazette no. 125/08.02.2018. The Ordinance applies to... read more

