Moorcroft Services Romania

Information regarding tax residency in Romania

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Just completed the inspection and registration for a German client, of his Mini Cooper S and his BMW 1200GS. Another satisfied client. (Yes, I rode the bike to RAR)

Romanian Govt. ready to take in 100,000 foreign workers in 2023 amid workforce shortage Romania’s Government is ready to accept 100,000 non-EU workers into the national labor market in 2023, the same number as this year. By mid-September 2022, the General Inspectorate for Immigration had issued 64,894 employment/posting permits. At that time, the immigration authority also had...

https://www.romania-insider.com/minimum-wage-increase-romania-2023?utm_source=Romania+Insider+Newsletters+Database&utm_campaign=c48585afe2-EMAIL_CAMPAIGN_4_23_2020_8_3_COPY_01&utm_medium=email&utm_term=0_ece3d6d4cf-c48585afe2-405651693&mc_cid=c48585afe2&mc_eid=af217f107b

Minimum statutory wage in Romania to rise by 17.6% in 2023 The minimum statutory gross wage in Romania will increase by 17.6% in 2023 compared to 2022, to RON 3,000 (EUR 600), according to a draft bill published by the Labour Ministry, Economica.net reported. The growth is going to be only marginally smaller, given the steady exchange rate. This is the...

https://www.romania-insider.com/govt-hike-benchmark-property-taxation?utm_source=Romania+Insider+Newsletters+Database&utm_campaign=2ec00c66b1-EMAIL_CAMPAIGN_4_23_2020_8_3_COPY_01&utm_medium=email&utm_term=0_ece3d6d4cf-2ec00c66b1-405651693&mc_cid=2ec00c66b1&mc_eid=af217f107b

Romania's Govt. to hike benchmark used for property taxation by 50% The Romanian Government decided to increase the benchmark price per square meter used to calculate the taxes on buildings by 50% effective as of 2023, Prime Minister Nicolae Ciuca confirmed. Anyways, the local administrations - which set, collect and use these revenues - have the freedom to...

Ruling partners in Romania close to agreeing on tighter taxation The Social Democratic Party (PSD) and the Liberal Party (PNL) still have to put the final touch on the amendments to the Fiscal Code, but they have already reached an agreement on several key elements. Thus, the dividend tax will rise from 5% to 8%, the excise duty on to***co and alcohol will...

Romania’s ruling coalition agrees on several changes to the tax code, including hiked taxes for gambling gains The three parties that make up Romania’s ruling coalition – Social Democrats (PSD), Liberals (PNL) and Hungarians (UDMR) – have agreed on several changes to the tax code that will be implemented starting January 1, 2023. However, there’s no consensus yet on the so-called “solidarity...

https://www.romania-insider.com/romania-green-plates-electric-cars?utm_source=Romania+Insider+Newsletters+Database&utm_campaign=93d250652d-EMAIL_CAMPAIGN_4_23_2020_8_3_COPY_01&utm_medium=email&utm_term=0_ece3d6d4cf-93d250652d-405651693&mc_cid=93d250652d&mc_eid=af217f107b

COVID-19: Romania will end state of alert and start lifting pandemic restrictions The Romanian authorities will not extend the state of alert due to the COVID-19 pandemic beyond March 8, 2022, president Klaus Iohannis announced on Friday, March 4....

https://www.romania-insider.com/ro-freeze-fee-mandatory-car-insurance-feb-2022?utm_source=Romania+Insider+Newsletters+Database&utm_campaign=e3ba396fdc-EMAIL_CAMPAIGN_4_23_2020_8_3_COPY_01&utm_medium=email&utm_term=0_ece3d6d4cf-e3ba396fdc-405651693&mc_cid=e3ba396fdc&mc_eid=af217f107b

Romania to freeze mandatory car insurance fees for six months To protect the consumers against the “speculative attempts”, the Romanian financial markets regulator ASF proposed and the Ministry of Finance reportedly approved to cap the third-party liability (RCA) car insurance fees for six months....

https://www.romania-insider.com/gindeanu-introduction-combined-ticket-airport-feb-2022?utm_source=Romania+Insider+Newsletters+Database&utm_campaign=378e96a6c1-EMAIL_CAMPAIGN_4_23_2020_8_3_COPY_01&utm_medium=email&utm_term=0_ece3d6d4cf-378e96a6c1-405651693&mc_cid=378e96a6c1&mc_eid=af217f107b

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