About Romania

Country and Population

Country Geographical position Romania is located in the South-East of Europe, on 44 degrees Nordic latitude and 23 degrees Eastern longitude. Surface 238.391 square km, comparable as surface with Great Britain. Thus Romania is at the 80th place in the world. Borders and neighboring states Romania has 5 states as its neighbors. The overall length […]

Economic data

Updated data from the Romanian economy (December 2009) The GDP evolution The gross domestic product increased during the period September 2010 –  September 2011 with 4,4%. The gross domestic product decreased during the period September 2008 – September 2009 by 7,4%. The gross domestic product increased during the period September 2007 – September 2008 by […]

Salaries and state taxes

Updated data about salaries (average net salary by activity fields, February 2016) Finances: 3.840 RON (ca. 860 €) Insurances: 4.079 RON (ca. 913€) Post and telecommunications: 4.083 RON (ca. 914€) Military employees: 2.874 RON (ca. 644€) Education: 1.881 RON (ca. 421€) Industry: 1.851 RON (ca. 415€) Health: 1.943 RON (ca. 435€) Constructions: 1.435 RON (ca. […]

Taxation

Generalities The Romanian taxation law is very comprehensive, there being a series o legal provisions, regulations and exceptions in this field. We briefly present you summary with the most important information. A complete description would overload this web page. For more concrete questions in this field, are at your disposal. Profit tax: 16% Corresponds to the […]

Taxation comparison

According to the taxation analysis of the European Commission “Taxation Trends in the European Union 2009″ the income tax in the EU is at it follows: Source: http://ec.europa.eu The situation of the profit tax in the countries of the EU is at it follows: Source: http://ec.europa.eu Referring to the profit tax from Romania compared to […]