News room

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

Deadlines and contraventions for General Register for Recording Employees (REVISAL)

Deadlines for General Register for Recording Employees (REVISAL) The register is prepared in electronic form. The register is completed in order of employment and includes the following elements: 1.the identification data of the employer, natural person, or legal entity of private law, that employs personally on the basis of an

Employer obligations in regard to Workplace Harassment, Internal Regulation and Collective agreement

Workplace Harassment - Employer Obligations The employer is obligated to take any necessary measures to prevent and combat acts of workplace harassment, through the implementation of internal policies and anti-harassment measures, including provisions in the internal regulations. Elimination of all forms of discrimination is achieved through: Prevention of any acts

ANAF Order 1996/2023 – Adapting Romanian tax legislation to the digital economy

In a significant development, the Romanian National Agency for Fiscal Administration (ANAF) has issued Order 1996/2023, aimed at aligning the country's tax regulations with the digital economy. This order introduces Form F7000, specifically designed for online platform operators, to facilitate tax compliance in accordance with Government Ordinance 16/2023 and the

Law nr. 360/2023 on the Public Pension System

As of January 1, 2024, Romania has implemented a significant Pension Reform Law, reshaping the landscape of retirement for women. One of the amendments brought by the Pension Reform Law is the increase in the retirement age for women. The retirement age extended to 65 by January 2035. In conjunction

New regulations introduced by Emergency Ordinance 115 – Individual taxation

In the context of recent legislative changes, significant modifications are made regarding the application of income tax exemption. The new rules cover various aspects, including salary income, the value of subscriptions, and various benefits granted by employers to their employees. Below, we will detail the main changes and their implications.