News

4.04.2018
19.02.2018
Order on becoming employed in the design of computer programmes
The legislative act shall apply as of 1 February 2017 from salary incomes and those assimilated to salaries for the month when it comes into force, namely with incomes for the month of February 2016 and it regulates how programmers benefit from salary income tax exemption in 2017.
11.01.2017
Limiting the number of employees and scopes of activity
Law 182 of 17 October 2016 for the approval of Government Emergency Ordinance no.44/2008 regarding business activities by Self-Employed Persons, Sole Proprietorships and Family Businesses – comes into force on 17 January 2017.
11.01.2017
1st of February brings changes to the Tax Code
The Emergency Government Ordinance No. 3/2017 as of 06.01.2017 comes along with major changes of the Tax Code in terms of the several tax categories.
10.01.2017
The minimum gross salary to increase as of February 2017
As of 1 February 2017, the minimum gross salary guaranteed as payment will be 1,450 lei. The salary corresponds to an average monthly programme of 166 hours, meaning an hourly value of 8.735 lei/hour.
10.01.2017
Legislative changes for modern payment systems
Law 206/09.11.2016 for amending and supplementing Government Ordinance 193/2002 regarding the introduction of modern payment systems came into force on 1 January 2017.
9.01.2017
Guide on How to Start a Business in Cluj in 10 steps
Cluj-Napoca is the "heart of Transylvania": a cosmopolite European city, an important business destination for South-East Europe, with a remarkable investment potential. In a previous article we pointed out things that you, a company that wants to invest in Cluj, should know, such as: opportunities, trends and details about the city.
8.12.2015
Top 5 Reasons to Invest in the Establishment of an IT Company in Cluj-Napoca
Romania was first mentioned in the "Top 25 Countries for Overseas Investment" report published in Bloomberg in 2010, and in 2014 it was mentioned by the Forbes Magazine among the countries that are perfect for business. Investment fields in Romania vary from agriculture and healthcare to IT and automotive industry. 
20.10.2015
Starting a business in Cluj

If your plan is to set up your own company in Cluj, Romania, you will enjoy the advantages of skilled workforce at very competitive prices and low taxation for the profit. It all starts with a good idea, a well-developed plan and finding the right team to gain your trust and to provide the most complete service on the market in order to succeed. Before investing in a place, first you must analyze if it’s suitable for your type of business.
 
29.09.2015
Non-wage Benefits in 2015 under Scrutiny
Given that this year the main focus of tax authorities with control attributions has been the identification of additional salary-related or similar income, we considered as appropriate to review the main expenditures of companies, apparently in the direct benefit of employees, which may be reinterpreted as a benefit in kind and thus are liable to taxation accordingly.
2.09.2015
Financial and tax issues for a newly created company
Considering that Benjamin Franklin’s principle, i.e. that the only things in life are death and taxes, apply in our country, as well, you will have to choose one of the two tax systems for LLCs depending on the conditions met. Choosing is just a way of putting it, as in fact this is not really optional.    
27.08.2015
Essential steps and costs for starting a new company
We start by mentioning that all the necessary steps needed in order to register a company can be made for a fee directly at the Trade Register Office from the county where the new company will have its registered office.  
21.07.2015
New legislative changes for PFA’s in 2016!
Currently, there is a draft Fiscal Code pending approval, which also targets changes in the taxation of the income obtained from independent activities, some favourable, some less favourable.
8.07.2015

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