The long-awaited intervention DR-12, one of the novelties brought by the National Strategic Plan 2023-2027, will be launched this year! Through it, young established farmers will be able to benefit from a financing of 200,000 euros/farm, with an intensity of 80%. These measure describes subventions for young farmers in Romania.
This article describes the core of RaaS, illustrating its role and benefits in modern recruitment practices. It presents a comprehensive overview of how RaaS operates, underscoring its advantages over traditional recruitment methods, including the strategic use of recruitment consulting and technology-driven recruitment tools. Furthermore, the article outlines actionable steps and best practices for implementing RaaS, providing readers with a roadmap to leverage this innovative recruitment strategy effectively.
Create a micro-enterprise in Romania and pay 1% taxes in 2024
The micro-enterprise tax is computed as follows:
If, by the deadline of April 15, 2024, you have decided that you qualify for the application of the micro-enterprise taxation regime, and that you still opt for this regime, because:
The company is the only one that applies this regime among all Romanian legal entities in which an associate/shareholder holds, directly or indirectly, more than 25% of the value/number of participation titles or voting rights and was established by the associates/shareholders to apply tax on the income of micro-enterprises;
Het potentieel van Roemenië voor directe buitenlandse investeringen (DBI) maakt een een veelbelovende groei door, zoals blijkt uit de toename van de inkomende DBI-stroom tot 11.273 miljoen USD in 2022 en de stijging van het aantal greenfield-investeringen tot 190 in hetzelfde jaar. Deze stijging wijst op een groeiend vertrouwen en een groeiende interesse van investeerders, waardoor Roemenië een aantrekkelijke bestemming wordt voor investeringsmogelijkheden, met name in de greenfieldsector.
The procedure regarding the exemption from income tax for IT employees&employer was modified by Order of the Ministry of Finance no. 835/2015 which replaces the old legal framework (MFP Order no. 1479/2013 – repealed). The new regulations stipulate that the employees in this sector may be exempt from income tax only if they occupy certain positions, as defined by the law.
Starting July 30, the alumni working in this sector must be in one of the eight functions, as defined in the Annex of the Order 835/2015:
We are specialized in providing assistance and guidance related to international company formation in Romania, company registration in Romania and related services in Romania. We also assist with the management and administration of international companies, and provide company services that are designed to guide and support the daily business.
Romania is emerging as an enticing destination for those looking to invest in Romania, by its strategic European location that assures seamless access to diverse markets including the EU, CIS, and Middle East. Romania offers a robust terrain for Romania investment opportunities.
In the upcoming year of 2024, there will be notable changes in corporate taxation. The following are the main adjustments that will be put into effect.
Eligibility Criteria for Being Considered as a Micro-Enterprise in Romania
The most significant alterations pertain to the categorization of businesses as micro-enterprises.
