Although, in principle, the same types of taxes apply, there are some important differences between the taxation of self-employment income and employment income. Self-employment income Income tax – 10% Social security contributions: Pension contribution (CAS) – 25% Health insurance contribution… MORE
Romania is an attractive jurisdiction for IT companies and technology investors due to its competitive tax environment, access to the European market, and growing digital ecosystem. Businesses operating in the Romanian IT sector must carefully assess the applicable tax rules…. MORE
When entering the Romanian market, foreign investors have the option of incorporating a new legal entity with a Romanian legal personality, or setting up a unit of a foreign parent company, which will not have a Romanian legal personality. Under… MORE
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