https://lexco.ro/en/blog/ Romanian accounting and tax, explained by Lexco Expert, Iasi. en Sat, 24 Oct 2026 08:00:00 +0000 https://lexco.ro/en/blog/sole-trader-or-company-the-questions-that-decide/ https://lexco.ro/en/blog/sole-trader-or-company-the-questions-that-decide/ Sun, 09 Aug 2026 08:00:00 +0000 Most PFA-versus-SRL tables online use figures that are no longer in force. Here are the rules on 24 October 2026, a calculation with formulas at four revenue levels, and the point the tables leave out: the employee a micro-enterprise must have. https://lexco.ro/en/blog/e-invoicing-what-changes-in-practice/ https://lexco.ro/en/blog/e-invoicing-what-changes-in-practice/ Fri, 17 Jul 2026 08:00:00 +0000 The rules of Romania's e-invoicing system have changed at least eight times since 2022, and much of what circulates online is out of date. Here are the rules in force on 24 October 2026, with the legal article behind each, and what they mean in your working day. https://lexco.ro/en/blog/choosing-the-right-accountant/ https://lexco.ro/en/blog/choosing-the-right-accountant/ Sun, 12 Jul 2026 08:00:00 +0000 You choose an accountant once and work with them for years, yet the checks that matter take under an hour. Here is what Romanian law says as of 24 October 2026 about titles, the CECCAR Register, insurance, the contract and the liability cap, plus the practical questions to ask before you sign. https://lexco.ro/en/blog/a-dormant-company-what-is-left-to-do/ https://lexco.ro/en/blog/a-dormant-company-what-is-left-to-do/ Tue, 23 Jun 2026 08:00:00 +0000 Since December 2025 a fiscally inactive Romanian company that is not reactivated within a year is dissolved, and having no Romanian bank account has become a ground for inactivity. Here are the real options for a company that no longer trades, with the deadlines, filings and official costs in force on 24 October 2026. https://lexco.ro/en/blog/saf-t-in-plain-language/ https://lexco.ro/en/blog/saf-t-in-plain-language/ Thu, 11 Jun 2026 08:00:00 +0000 SAF-T is not one more return: it is an X-ray of your company's books, sent to ANAF every month or quarter. Here are the rules in force on 24 October 2026: who files D406, when, what the file contains and what a mistake costs, with the legal article behind each. https://lexco.ro/en/blog/what-an-accountant-actually-costs/ https://lexco.ro/en/blog/what-an-accountant-actually-costs/ Tue, 02 Jun 2026 08:00:00 +0000 There is no official rate for accounting in Romania, and the price lists online belong to the people selling the service. Here is what is regulated and what is not, what work you are actually buying, the only official series on how prices have moved, and how to compare two offers properly. https://lexco.ro/en/blog/switching-accountants-step-by-step/ https://lexco.ro/en/blog/switching-accountants-step-by-step/ Fri, 12 Dec 2025 08:00:00 +0000 Switching accountants is routine once you know what to ask for and in what order. Here are the Romanian rules in force on 24 October 2026 on company records, SPV access, retention periods and terminating the contract, plus a handover list you can use as the handover record. https://lexco.ro/en/blog/first-steps-after-setting-up/ https://lexco.ro/en/blog/first-steps-after-setting-up/ Wed, 12 Feb 2025 08:00:00 +0000 Romania's minimum share capital, VAT threshold, the role of the company bank account and the CAEN code deadline have all changed in the past year, and many guides have not caught up. Here is the first-90-days calendar for a new SRL, with the rules in force on 24 October 2026 and the legal article behind each. https://lexco.ro/en/blog/what-monthly-accounting-means/ https://lexco.ro/en/blog/what-monthly-accounting-means/ Thu, 26 Dec 2024 08:00:00 +0000 You pay for it every month, so it is worth knowing what you are buying and what you should get back. Here is the full compliance calendar of a small Romanian SRL on 24 October 2026, the rules that changed since 2023 and what paying late costs, with the legal article behind each. https://lexco.ro/en/blog/when-to-ask-for-tax-advice/ https://lexco.ro/en/blog/when-to-ask-for-tax-advice/ Fri, 05 Jul 2024 08:00:00 +0000 The short answer: before, not after. Here is who may legally give you a tax opinion in Romania, which tools give you certainty in writing, and which deadlines protect you in an ANAF inspection, under the rules in force on 24 October 2026. https://lexco.ro/en/blog/questions-before-your-first-big-contract/ https://lexco.ro/en/blog/questions-before-your-first-big-contract/ Sat, 02 Mar 2024 08:00:00 +0000 Between Romanian companies the payment term is capped at 60 days, and late-payment interest runs automatically, with no formal demand. Here are the rules in force on 24 October 2026, the legal article behind each, a worked example on a real-sized invoice and the checks that protect your VAT deduction. https://lexco.ro/en/blog/hiring-your-first-employee/ https://lexco.ro/en/blog/hiring-your-first-employee/ Sat, 09 Sep 2023 08:00:00 +0000 Romania's minimum wage changed in mid-2026, Revisal was replaced by REGES-ONLINE and the fine for work without a contract doubled. Here, in order, is what a first employee costs and which paperwork it needs on 24 October 2026, with the legal article behind each rule. https://lexco.ro/en/blog/organising-your-documents/ https://lexco.ro/en/blog/organising-your-documents/ Sat, 01 Jan 2022 08:00:00 +0000 Many pages still say 10 years, 50 years for payroll and 75 years for personnel files. Here are the retention periods in force on 24 October 2026, with the legal article behind each, and a simple system that gets documents to your accountant on time.