News room

Christmas gifts for employees: tax rules and benefits for employers

Christmas represents a time when employers can offer benefits to their employees in the form of gifts, whether monetary, in-kind, or gift vouchers. In Romania, these benefits are not only a way to reward employees' work but also an opportunity to reduce tax costs, according to the provisions of the

Decision no. 1506/2024 for establishing the minimum basic salary in 2025

In the Official Gazette no. 1185 of 28.11.2024 was published Decision no. 1506 for establishing the minimum gross basic salary per country guaranteed in payment. As of 1 January 2025, the minimum gross basic salary per country guaranteed in payment shall be fixed in money, not including bonuses and other

CSRD in Romania

As there are more and more conferences and discussions about sustainability these days, we consider it useful to bring to the attention of our clients some relevant information. CSRD in Romania In Romania, CSRD is transposed into national legislation through Order no. 85 of January 12, 2024, which amends and

Order regarding the increase of cultural voucher values

The Order of the Minister of Finance no. 4,680/2024, which sets the indexed value of cultural vouchers for the second semester of 2024, has been published in the Official Gazette. According to this order, starting from October 2024, the maximum value of cultural vouchers granted is 220 RON per month

RO e-Invoicing and RO e-VAT system updates

On June 21, 2024, Emergency Ordinance no. 69/2024 was published, which brings amendments and additions to the regulations regarding the management and implementation of the national system for electronic invoicing, RO e-Factura, and electronic fiscal cash registers, along with other fiscal measures. Key Changes to the RO e-Factura System Extension

Legislative Change Regarding VAT Deduction for Travel Invoices

Significant changes in Romanian tax legislation have come into effect, affecting companies' ability to deduct VAT for invoices related to employees' and administrators' travel expenses. According to a Government decision, the possibility to deduct VAT for travel invoices issued in the name of employees or administrators has been eliminated. This

Minimum gross salary increases to 3,700 lei monthly starting July 1, 2024

Starting from July 1, 2024, the guaranteed minimum gross monthly salary in Romania will be increased to 3,700 lei, excluding allowances, bonuses, and other additions, up from the current level of 3,300 lei. With this raise, the minimum net base salary will be 2,363 lei, compared to the previous 2,079

International road transport of goods has been brought within the scope of RO e-Transport obligations

Through Emergency Ordinance no. 115/2023, the international road transport of goods has been brought within the scope of RO e-Transport obligations. This measure extends responsibilities not only to customs operations of import-export but also to intracommunity movements (acquisitions and intracommunity deliveries). Thus, economic operators must comply with both existing obligations

Changes regarding Health Insurance Contributions for Medical Leave

As of April 12, 2024, Government Emergency Ordinance 34/2024 has come into force, bringing significant changes regarding the obligation to pay Health Insurance Contributions (HIC) for medical leave, in accordance with the provisions of Government Emergency Ordinance 158/2005. According to the provisions of Government Emergency Ordinance 34/2024, it has been

Deadline Approaching: Employers Urged to Finalize Workplace Harassment Procedures

With a deadline imminent, employers are urged to promptly finalize their internal procedures and designate responsible personnel in matters pertaining to workplace harassment. Effective April 17th, 2024, it is mandatory for employers to enact prescribed methodologies, identify accountable parties, and actively mitigate such behaviors within their organizational environment. Non-compliance post-deadline