Small businesses (i.e. those with a turnover of less than EUR 500,000) can choose to be taxed at the rate of 1% of their income rather than on their profit at the rate of 16%. Experts from the Romanian accounting firm LPG have determined that this regime is favorable to all companies that offer a return above 6.25%. Read our full article on
LPG has witnessed the evolution of the real estate market in Romania for over 15 years and has published its real estate forecast for 2013 and 2014.
Since 2008 real estate prices have significantly dropped and this trend is expected to continue through 2014.
The average price per square meter at the beginning of 2013 was 1,100 EUR.
Hospitals in France are experiencing increasing difficulty in medical professional recruiting and therefore are looking to Romania, with the help of LPG, for these professionals.
LPG helps French regions (especially those in rural areas) to recruit general practitioners or dentists. Read our page regarding the recruitment of Romanian doctors.
As of October 1, 2010, the Romanian government has decided to eradicate the minimum flat tax. However, it was replaced by a new tax in January 2011. For more information read our article about the minimum flat tax is eradicated.