Payroll Service in Romania

A presentation brought to you by our Romanian accountants

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Payroll in Romania

The payroll process in Romania is important for any type of company incorporated in this country.

Payroll calculation is governed by the employment law and other regulations. The process includes the calculation of salaries and an updated situation of employment within the corporation.

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Outsourcing Payroll Services in Romania

Payroll is often outsourced to another company that has experience in this business field.

By choosing to hire an accounting and payroll specialist in Romania, investors save time and do not need to hire their internal payroll and personnel specialist.

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Taxes on Salaries in Romania

Individuals who derive income from Romania are subject to an income tax. This applies to employees and the calculation of this tax is included in the payroll.

The income tax is payable not only for residents, but also for foreign employees.

Double taxation relief is possible for this tax, if a treaty is in place.

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The Minimum Salary in Romania

Employers in Romania must observe the laws regarding employment and the minimum salary.

The value of the minimum salary has changed over the years and our team of accountants in Romania can help you with information about it.

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Bonuses for Employees in Romania

Our accountants in Bucharest can also help you calculate any bonus for your employees.

According to law, certain additions can be made to the salary in the form of overtime compensation, night allowance or benefits. These will be included on the payroll.

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Personnel Administration in Romania

When you request the payroll services offered by our experts, you also benefit from assistance and counselling for drawing up or terminating employment contracts.

We can help with personnel administration services or the HR processes for your company.

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Payroll Services in Romania >>

Our accountants in Romania can help you with:

salary calculation and processing;

payroll and salary preparation;

calculation of salary taxes;

preparing tax returns on salaries;

accounting notes related to salaries.

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>> Payroll Services in Romania

Additional services provided by our Bucharest accounting firm include those related to personnel administration:

filling out forms for medical leave;

concluding or terminating employment contracts;

calculating and handling salary increases or

bonuses etc.

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Accounting Services in Bucharest

Our accountants in Bucharest have expertise in this field of activity and can help you with any payroll related services.

You can also contact our accountants for audit services in Romania.

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Thank you for your attention!

For more information please contact us at:

 +40 744 366 340 or +40 756 036 047tpg-group@romanian-accountants.com

http://www.romanian-accountants.com/