Paying Taxes in Romania

The requirement to keep a “Shareholder Registry”
Law No. 31/1990 stipulates that Romanian SRL companies must maintain, through the care of the administrator, a “Shareholder Registry”, where the following information is to be registered: shareholder’s full names, domicile or headquarters of the shareholder, respective share of the share capital, the transfer of any shares or any modifications occurred regarding the shares of the Romanian company.
Our company formation agents in Romania can offer additional information on the taxation system.
The requirement to keep an “Employee Evidence Registry”
The employers have the obligation to maintain a “General Employee Evidence Registry” per the dispositions of HG 295/2025 (REGES-ONLINE, which replaced Revisal and HG 905/2017). This Registry must be transmitted in electronic format to the Territorial Labour Inspectorate at the latest on the working day before the employee starts work. In the case where certain elements are modified, the Romanian employers must transmit the changes within the legal deadlines (generally by the day before the change takes effect, or within 20 working days for salary changes). The Registry will be kept in electronic format at the employer’s headquarters. 
The requirement to keep “Accounting Registries”
Law No. 82/1991 stipulates that the obligatory Accounting Registries are the following:
– The Journal-Registry
– The Inventory-Registry
– The Main Registry
– The Fiscal Evidence Registry.
The Journal-Registry
This is a document which registers chronologically all the financial-economical operations. Any information inserted in the Journal-Registry must include elements regarding: type, number and date of the document, explanation regarding the respective operations and the debt and credit accounts where the respective amounts were registered.
The Main Registry
Information is inserted on a monthly basis through re-grouping of the accounts regarding the movement and existence of all the elements of assets and liabilities at a certain date;
The Main Registry contains the symbol of the debtor-account and the correspondent creditor-accounts as well the balance of the account for each month of the current year.

The Inventory-Registry
This Registry contains all the elements of assets and liabilities, grouped according to their nature per the stipulations of the Law.
The Fiscal Evidence Registry
Romanian tax-payers paying tax on profit must keep this type of Registry. This has as purpose the registration of all information taken into account when determining the profit subject to taxation and the calculation of the tax on profit contained in the declaration regarding the payment obligation to the Romanian General Budget.
The payment obligations of employers and employees:
I. Social and Health Insurance (CASS)
Since 2018 the Romanian employer no longer pays CASS; it pays a 2.25% work insurance contribution (CAM). The Romanian employee pays CASS 10% if the gross salary received from his/her employer.
II. Pension Fund (CAS)
Since 2018 the employer no longer pays CAS (except 4%/8% for particular or special working conditions). The Romanian employee pays CAS 25% of his/her gross salary received from his/her employer.
III. Unemployment Fund
Since 2018 there is no separate unemployment contribution (it is covered by the 2.25% CAM). The employee does not contribute.
IV. Risk & Accident Fund
This is to be paid as part of the 2.25% work insurance contribution (CAM) since 2018.
V. Holidays & Indemnities
Since 2018 this is covered by the 2.25% CAM. The Romanian employee does not contribute to the holiday and indemnity fund.
VI. The Territorial Labour Inspectorate
The employer no longer pays any commission (the former ITM commission was abolished). The employee does not contribute.
VII. The Guarantee Fund
Since 2018 this is covered by the 2.25% CAM. The employee does not contribute.
Please contact us if you need more information on paying taxes in Romania.