04
Jan 2024
Episode 9: Romania's Tax Landscape in 2024: Key Changes and Impacts
Romania's Tax Landscape in 2024: Key Changes and Impacts
As we step into 2024, Romania ushers in a new set of tax regulations, marking significant shifts in the financial landscape for businesses and individuals alike. Here's an overview of the pivotal changes:
Personal and Corporate Taxation
- Microenterprises: The income tax rates are adjusted to 1% for those with a turnover below EUR 60,000 and 3% for turnovers between EUR 60,000 to EUR 500,000, affecting certain sectors including IT, hospitality, legal services, and healthcare
Having in view the recent changes, the taxes paid for an yea...
06
Jun 2023
Episode 8: SRL vs SA - Choosing the Right Company Structure in Romania
The main differences between the two most popular Romanian business structures