Accounting Services in Romania
Bookkeeping · VAT · payroll · annual accounts · company liquidation · bank account
Accounting in Romania is compulsory for every company from the month it is registered. The books are kept under Accounting Law 82/1991, most ANAF returns (D300 for VAT, D112 for payroll, D100 for micro tax) are due on the 25th of the following month, every invoice goes through RO e-Factura within 5 calendar days, and the annual financial statements are filed within 150 days of the year-end – by 2 June in 2026. The work is done by a Romanian accountant who is a member of CECCAR: a licensed accountant (contabil autorizat) keeps the books, an expert accountant (expert contabil) prepares and signs the financial statements.
Romania for Business Advisory S.R.L. coordinates accounting services for international entrepreneurs and foreign-owned Romanian companies through its partner network of qualified Romanian accountants. All client communication, reporting and explanations are provided in English – so international founders understand their company’s financial position and compliance status, not just that filings have been submitted.
Accounting services in Romania
see full pricing below
Standard accounting services package includes:
- Monthly bookkeeping – recording all transactions, bank reconciliation, expense categorisation
- VAT return filing (D300) – monthly or quarterly, coordinated with ANAF
- Payroll administration – salary calculation, payroll tax, social contributions
- Quarterly microenterprise tax declaration (D100) – revenue tax at 1%
- CIT declaration – annual corporate income tax return (D101) for standard CIT companies
- Annual financial statements (bilanț contabil, 31 December) – filed within 150 days of the year-end
- ANAF compliance calendar management – deadline tracking and reminders
- Client liaison in English – all reports and communications in English
Fees confirmed in writing before engagement. Prices depend on transaction volume, company size and VAT registration status. All fees may be subject to Romanian VAT. Accounting services provided through Romania for Business Advisory S.R.L.‘s partner network of qualified Romanian accountants (contabili autorizați).
Romanian law requires that all financial records be maintained by a qualified accountant from the start of the company’s activity. For companies on the microenterprise tax regime, an employee must be hired within 90 days of registration – and the accountant must be engaged simultaneously to manage the payroll. Starting without a qualified accountant creates compliance risk from day one.
Romanian Accounting – Key Facts for International Clients
Tax rate range – micro to standard CIT
Standard VAT rate
Monthly / quarterly ANAF filing deadline
Annual financial statements – after the 31 December year-end
Starting monthly accounting fee
Accounting Services for Romanian Companies
Romania for Business Advisory S.R.L. provides accounting services across five areas. Each is supported by a dedicated page with full process detail, timelines and pricing.
Monthly Accounting & Bookkeeping
Ongoing monthly accounting – recording transactions, bank reconciliation, VAT returns and payroll for active Romanian companies.
- Monthly bookkeeping
- Bank reconciliation
- VAT return (D300)
- Payroll (REGES-ONLINE)
- Tax declarations
Annual Report & Financial Statements
Preparation and filing of the annual bilanț contabil – mandatory for all Romanian companies.
- Bilanț contabil (31 Dec)
- ANAF e-filing
- D101 CIT declaration
- Dividend preparation
VAT Registration in Romania
National and EU/VIES VAT registration – eligibility analysis, document preparation and ANAF filing coordination.
- Eligibility assessment
- ANAF application filing
- EU VAT (VIES) registration
- VAT return setup
- VAT deregistration
Company Liquidation
Full coordination of the Romanian company dissolution and liquidation process – from shareholders’ resolution to ONRC de-registration.
- Dissolution resolution
- Liquidator appointment
- Creditor notification
- ANAF clearance certificate
- ONRC de-registration
Bank Account Opening
Bank selection advice, documentation preparation and appointment coordination for opening a Romanian company bank account.
- Bank selection guidance
- Document pack preparation
- In-person appointment prep
- Digital bank alternatives
- Post-opening setup
Need accounting support?
Speak to our team about your specific needs.
What a Romanian Accountant Manages for Your Company
International founders are often surprised by the volume and frequency of accounting and tax obligations in Romania. The following table shows the full scope of what a qualified Romanian accountant manages on behalf of an active Romanian SRL.
| Accounting responsibility | Detail |
|---|---|
| Monthly bookkeeping | Recording all income and expenditure transactions – customer invoices, supplier invoices, bank payments, expense receipts – in the company’s accounting system under the Romanian accounting regulations (OMFP 1802/2014). Supplier invoices are downloaded from RO e-Factura. Bank account reconciliation monthly. |
| VAT return (D300) | If VAT-registered, a monthly or quarterly VAT return (Declaration 300) must be submitted to ANAF by the 25th of the following month/quarter. VAT due is paid simultaneously. |
| Microenterprise revenue tax (D100) | If on the microenterprise regime, a quarterly revenue tax declaration (D100) must be submitted by the 25th of the month following each quarter. Tax at 1% of total quarterly revenue is paid at the same time. |
| Payroll processing | If the company has employees, monthly payroll must be calculated – including gross salary, income tax (10%), health contributions, social contributions and employer contributions. Employment records must be registered in REGES-ONLINE (the national employment register). |
| Payroll declarations | Monthly payroll tax and social contribution declarations (D112) must be submitted to ANAF and paid by the 25th of each month. D112 is a single return for income tax and all social contributions – there is no separate filing with the pension (CNPP) or health (CNAS) funds. |
| Annual financial statements (bilanț) | The annual financial statements must be prepared for the full calendar year and filed within 150 days of the year-end – 31 May, moved to 2 June in 2026 because of the weekend and the 1 June holiday – on e-guvernare.ro with a qualified electronic signature. This is the primary annual accounting deliverable. |
| CIT annual declaration (D101) | Companies on the standard 16% CIT regime must submit an annual corporate income tax declaration (Declaration 101) by 25 March of the following year and pay the CIT balance by the same date. The 25 June deadline applied only to the 2021–2025 tax years under GEO 153/2020: 2025 profits were due by 25 June 2026, 2026 profits are due by 25 March 2027. During the year, CIT is paid quarterly by the 25th of the month after each quarter. |
| Trade Register updates | Significant accounting events – capital increases, profit distributions, address changes – may trigger Trade Register (ONRC) filings that the accountant coordinates with our partner lawyer. |
Romanian Accounting Compliance Calendar
The table below is the standard compliance calendar for an active Romanian SRL. Deadlines depend on the company’s tax regime, VAT status and employee count. Your accountant manages all deadlines proactively – missing a deadline results in fines from ANAF.
| Frequency | Deadline | Obligation |
|---|---|---|
| Monthly | 25th of following month | VAT return (D300) – if VAT-registered, monthly filer |
| Monthly | 25th of following month | Payroll tax & social contributions (D112) – if employees |
| Quarterly | 25th after quarter end | Microenterprise revenue tax (D100) – 1% of revenue |
| Quarterly | 25th after quarter end | CIT prepayment (D100) – if on standard CIT regime |
| Quarterly | 25th after quarter end | VAT return (D300) – if VAT-registered, quarterly filer |
| Per invoice | Within 5 calendar days of issue | RO e-Factura upload – B2B since 2024, B2C since 2025 |
| Monthly / quarterly | Last day of following month | SAF-T file (D406) – same period as VAT; quarterly if not VAT-registered |
| Annual | 150 days after year-end (2 June in 2026) | Annual financial statements (bilanț contabil) – filed on e-guvernare.ro |
| Annual | 25 March (following yr; 25 June 2026 for 2025) | Annual CIT declaration (D101) – standard CIT companies only |
| On change | Within 15 days | UBO (beneficial owner) declaration update – if ownership changes |
| On change | Within 15 days | Trade Register filing – director, address, activity or capital changes |
| On registration | Within 30 days | Registrul Unic de Control – obtained from ANAF for the registered office and each secondary office, kept at the premises |
A late tax return (D300, D112, D100) is fined RON 500–1,000 for a small company and RON 1,000–5,000 for medium and large taxpayers (Fiscal Procedure Code, art. 336); tax paid late adds 0.02% interest and a 0.01% penalty per day. Late annual financial statements cost RON 300–4,500 depending on the delay (Accounting Law 82/1991, art. 42), and a company that has still not filed them 5 months after the deadline is declared fiscally inactive. Your Romania For Business accounting partner manages all filing deadlines proactively – with calendar reminders sent to the client before each deadline.
Tax Regimes – How They Affect Your Accounting Obligations
The tax regime applicable to your Romanian SRL determines which declarations must be filed, how frequently, and what the tax base is. Your accountant advises on the appropriate regime at registration and monitors eligibility conditions throughout the year.
| Regime | Tax rate | Tax base | Key conditions |
|---|---|---|---|
| Microenterprise – 1% | 1% | Gross revenue | Revenue ≤ €100k; ≥1 employee; other statutory eligibility conditions apply |
| Standard CIT | 16% | Taxable profit | Revenue > €100k or the company does not meet the conditions for the microenterprise regime |
| Dividend tax | 16% | Dividend paid | Withheld at source when dividends distributed to individual shareholders |
| VAT – standard | 21% | Taxable supply | Mandatory above RON 395,000 annual turnover; voluntary below threshold |
| VAT – reduced | 11% | Taxable supply | Qualifying goods and services subject to the reduced VAT rate |
| VAT – zero | 0% | Taxable supply | Exports, intra-EU supplies (VIES), certain specific categories |
The table follows the Fiscal Code as amended by Law 141/2025 and OUG 8/2026. Since 2026 the microenterprise rate is 1% for every eligible company; a company whose revenue passes €100,000 pays 16% CIT from the quarter in which it crossed the limit. The employee and 25% shareholding conditions apply all year, so your accountant re-checks them every quarter.
Accountant, Expert Accountant or Tax Advisor – Who Does What in Romania
Four regulated professions work on a Romanian company’s accounts and taxes, each with its own professional body and reserved work, so the title tells you what that person may sign. A tax advisor in Romania, for example, is a separate qualification from an accountant. Roles and entry routes below are from Accountancy Europe’s profile of the Romanian profession and OG 71/2001 on tax consultancy.
| Professional | Body and entry route | What they do for a company |
|---|---|---|
| Licensed accountant (contabil autorizat) | CECCAR; secondary education, 3 years of training and an aptitude exam | Bookkeeping, payroll and employee records, preliminary work for the financial statements |
| Expert accountant (expert contabil) | CECCAR; economics degree, 3 years of training and an aptitude exam | All of the above, plus preparing and signing the financial statements, tax returns, accounting expertise and valuations |
| Tax advisor (consultant fiscal) | Chamber of Tax Advisers (CCF), OG 71/2001; economics degree, 5 years of experience and an exam | Tax advice and tax opinions – only active members listed in the CCF register may provide tax consultancy |
| Financial auditor (auditor financiar) | Chamber of Financial Auditors (CAFR), Law 162/2017 | Statutory audit – required only above the audit thresholds of OMFP 1802/2014, not for a typical small SRL |
Before you hire an accountant in Romania, ask for the CECCAR membership number of the person who will sign your financial statements and check it in the CECCAR register; for tax planning, check the advisor in the CCF register. An accounting firm in Romania that keeps books for third parties must itself be authorised by CECCAR. Which taxes apply to your structure is set out in our guide to Romanian tax law.
Why International Companies Choose Our Accounting Service
| What we offer | Why it matters for international clients |
|---|---|
| English-language reporting | Monthly financial summaries, tax declarations and ANAF notices explained in plain English – not just filed and forgotten. |
| Qualified Romanian accountants | Bookkeeping by licensed accountants (contabili autorizați), financial statements prepared and signed by expert accountants (experți contabili) – both regulated by CECCAR. |
| Proactive deadline management | Your accountant tracks every ANAF deadline and sends advance reminders. Missing a deadline never happens because you forgot – it happens because you were not warned. We warn you. |
| Integrated with legal & HR | Your accounting team works in coordination with our partner lawyer and the Romania For Business HR team – so decisions on salary structure, dividend timing, CAEN code amendments and corporate changes are made in context. |
| Transparent pricing | Monthly fees confirmed in writing before engagement. Volume-based pricing scales fairly with company activity – dormant companies pay less than active ones. |
| ANAF inspection support | If ANAF inspects your company, your accountant prepares the documentation and the position and can attend the inspection under a power of attorney; where legal representation is needed, our partner lawyer provides it. |