Viewing profile — romaniatax

All I can find on the topic is: https://taxsummaries.pwc.com/romania/individual/income-deter... . > The net capital gain is subject to income tax at the flat rate of 10%. The taxab…

Quite interesting - didn't consider going beyond the GDP per capita. > but here are a couple of rankings placing Vilnius above Bucharest [0][1][2][3] informative, thanks for this! …

These taxes we are debating here apply mainly to "contractors". In Romania there are incentives for permanent tech employees as well, getting closer to the 40% mark - a bit higher.…

That's impressive! 120k is a medium level contract in the UK, at least for my background, so I am technically speaking ... cheap. In Romania, from what I gather, a director can mea…

There are some scams too around OLX, but the quality is indeed way below what you find on imobiliare as you can see. One of the other reasons is that expats usually use the latter,…

It is. Worth noting that I know no one among locals that are permanent employees to earn 10 years of experience. Junior or mid is way less. BI/Data science or web dev. Game dev and…

No need to ask for a friend :P as in other countries mentioned here, VAT for intra community (or in my case non EU / UK) trade there is no VAT. You do have to register as a VAT com…

Well that's great but I decided not to massage my contracts to accommodate for an _even_ lower tax.

If you like them then there is no issue, but usually i find them of lower quality. Not saying there aren't decent apartments, but anything <650/700 is not great IMO. Also the areas…

6202 is strictly for consulting services (ie. no programming). was advised by anaf and my accountant not to use it as it would be, basically, fraud (since i also write code not jus…

I can only speak about Bucharest as that's the area I know best. From what I see it has a slightly higher GDP per capita than Lithuania, and if you factor in the metro area, Buchar…

> I was under impression it was 1-3% profit tax + 5% dividend with an upper limit of 1 million euros? Or has that changed (again)? Correct, but on average mine works out around 7% …

Hold on I am also in Romania and pay 7%. Are you classed as PFA Consultant? If so then there's no programming "allowed" else it's the wrong category. Which tax code are you using s…

There is plenty of negativity surrounding east europe on HN so there is no need to remind people they won't get the same quality of life as in western europe, but it's not that bad…

> Do not be under the illusion that Bulgaria is just like $western_european_country but with less taxes and cheaper housing. Everything comes at a price. You will not find many thi…

While I am not so sure about Lithuania (lower GDP per capita than Bucharest, Bucharest being twice as developed as the rest of Romania, ibm, google, amazon, microsoft all having of…

Considering how tax money are being used in these countries, even 7% is too much. I don't mind taxes, but there's too much embezzlement so some dude in the parliament can buy lambo…

Try Romania - lower taxes, see my previous comment, higher standard of living and there's a small but decent size italian community here.

In Romania you pay 7% tax for an LTD (dividend + corporate tax) and for up to 100k turnover you pay 90% after tax as per above.