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National minimum wage in Romania - since 01.01.2009

In conformity with Government decision HG 1051/2008, starting with January, 1st 2009 the national minimum gross wage was increased from 540 lei to 600 lei per month for a full time working schedule (170 hours per month), which means ... Read more 

Coefficients and calculation of the national minimum wage - since 01.01.2009

According to the Territorial Work Chamber (ITM), the minimum coefficients for job grading are the following: ... Read more 

Details on the flat rate tax

By the “Emergency Ordinance with regard to budgetary correction for 2009 and some fiscal measures regulation” from April 2009 a minimum flat rate was introduced for the income tax paid by companies and for the turnover tax paid by microenterprises ... Read more 

What is the job description and what is its structure

The job description is a list of the general tasks, or functions, and responsibilities of a position. The human resources specialist develops the job description by conducting a job analysis, which includes examining the tasks and ... Read more 

The state allowance for children and the child raising indemnity

In conformity with Ministry of Labour’s latest statements from may 2009, the allowance for children and the child raising indemnity are to be granted regardless the mother’s income. These are granted in accordance with Government Emergency Ordinance nr. 148/2005 completed ... Read more 

The minimum share capital

In conformity with Law nr. 31/1990 regarding commercial societies republished and changed, the minimum value of the share capital is: ... Read more