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More info and help: mail frjacobs@telenet.be

A new legislative Order has introduced changes regarding the tax exemption available on the wages of IT professionals. In order to decide who will benefit from said tax exemption certain conditions must be met, as follows:

• Reintroduction of the EUR 10,000 threshold

In order to benefit from the income tax exemption for software engineers, the employer must have earned at least EUR 10,000 per software engineer during the previous fiscal year.

Why Employer Branding?

All companies with private capital  that earned up to 500,000 euros in revenue in 2016 are required to change their tax system by becoming a taxpayer on microfinance income. Basically, no private company with income under this ceiling can not  pay a 16%  tax rate, but is forced to apply the tax regime for micro-enterprises. The only companies that escape this obligation are those with social capital of at least 45,000 lei, who can choose which tax system they apply (micro or profit tax).

De ondernemingsvorm

De bv = sprl = bvba = ltd (societate cu raspundere limitata, SRL): buitenlanders die in Roemenië een bedrijf willen starten, kiezen, al dan niet in de vorm van een joint venture met een Roemeense partner, meestal voor deze vorm. Reden hiervoor is dat de SRL grote flexibiliteit biedt en het beste naar de wensen van de betreffende ondernemer(s) kan worden vormgegeven.

Starting December 2016, the new maximum nominal value of meal vouchers is 15 lei.

The new nominal value of meal vouchers was established by Law no. 218/2016 for the amendment of Art. 3 paragraphs. (1) of Law no. 142/1998 regarding grating food vouchers, published in the Official Gazette no. 931/2016.

Therefore, in accordance with the provisions of this law the order meal tickets with face values of up to 15 lei inclusive can be delivered starting from December.

Where: Tinnenpot hall courtyard, Tinnenpotstraat 21, 9000 Ghent

When: Sunday, February 5th OM 15h

Speaker: ir. Freddy Jacobs, president "Belgian Romanian Real Estate Chamber '

You will get answer on the following topics:

Where: Tinnenpot hall courtyard, Tinnenpotstraat 21, 9000 Ghent

When: Sunday, February 5th OM 15h

Speaker: ir. Freddy Jacobs, president "Belgian Romanian Real Estate Chamber '

You will get answer on the following topics:

The new fiscal code.

The tax rate for dividend revenues derived by non-residents from Romania has been reduced from 16% to 5%, as of 1 January 2017, similarly to the amendment brought in the case of distribution of dividends to Romanian legal entities.

More info mail frjacobs@telenet.be

Procedure to create a company in Romania

“Roemenië is een arm land met een corrupte overheid en een bevolking van zigeuners die niet werken en daardoor stelen en bedelen”. 

Dat is het verkeerde beeld dat veel mensen van Roemenië hebben. De grootste schuld ligt bij de internationale media en de marketing van de Roemeense overheid.

Employee’s mobility is on many employers’ agenda for a wide number of reasons, including limited qualified resources and entering new territories. The procedure for detachment in Romania is one of Europe’s difficult cases and basically Romania looses a lot of taxes by a central agency that is working with a procedure that is contra productive and against migration to other regions in Europe. But with a lot of effort you will obtain your A1 form as employee or independent worker – PFA. We hope that the government will simplify the application to obtain European standards (e.g.