What is the current value of meal vouchers, childcare vouchers, and cultural vouchers offered by employers?

The values of culture, meal, and childcare vouchers have been officially changed.

According to the World Economic Forum’s “Future of Jobs” report from 2025, the aging population is increasing the demand for professionals in various fields and putting pressure on employers to specialize their employees.

Ascent Group and Oxford Process Excellence strengthen their strategic partnership started in 2023.

The list of activities in the new CAEN Rev.3 corresponds to the list of activities valid at European level.

Here’s what’s wearing in the immediate tax season. Don’t
forget to declare your car by December 31!

The guaranteed gross minimum basic wage in the country increases from the current 3,700 lei to 4,050 lei gross monthly.

,,Life is like riding a bicycle. To keep your balance you need to keep going forward.’’ – Albert Einstein

As of July 1, 2024, a number of important legislative changes will have a significant impact on the financial situation of employees, the self-employed and employers.

Starting this year, the reporting obligations in Romania are extended to RO e-transport reporting obligations.

The 300 lei deduction applies to a monthly earnings ceiling of 4,000 lei maximum.

From 1 July 2024, the minimum gross basic wage in the country increases from 3,400 lei to 3,700 lei gross monthly and the non-taxable amount of the minimum gross wage from 200 to 300 lei.

“Resilience is how you regain your balance when life challenges you.”- Steve Marabol

“All human beings are born free and equal in dignity and rights. They are endowed with reason and conscience, and ought to behave towards one another in a spirit of brotherhood.” – Universal Declaration of Human Rights

We often wonder what to do to make the management of our organisation successful or what to do to get teams fully engaged in management challenges.

Iulia is our colleague in the HR branch of the company, who brings not only support to the team, but also a lot of good humour. We invite you to meet her.

Law 275/2022 was published in the Official Gazette on October 3, 2022, rejecting the provisions of the Emergency Ordinance 37/2021 which exempted micro-enterprises from a series of bureaucratic obligations.

Starting this year, companies are earning a 6-month deadline from the fourth quarter tax return for deciding what amounts to pay as sponsorship.

Ascent Group continues its expansion plans, and November 2021 marks the conclusion of a strategic partnership, an agreement that is covering the Greek and Cypriot markets.

According to an order draft, ANAF will eliminate 11 tax declarations.

Simplification of procedures specific to the activity of human resources in micro-enterprises, given that there are currently around 500.000 micro-enterprises with up to 9 employees in Romania.

A new Regulation for employers in insolvency, bankruptcy or liquidation proceedings.

Today we want to stop our attention to our colleague from Bucharest, Adina. If you have already crossed paths with her (in workouts, coaching sessions, etc.), we are sure that you have noticed the naturalness, charm and good mood that characterizes her.

On the 21^st of June the Emergency Ordinate number 43/2019 came into force. It brings significant changes to the regulations that have previously governed the construction industry.

Briefly, the changes brought by the EO 43/2019 are based on four pillars. These have implications for the minimum wage in the industry, on the one hand, and for the necessary conditions employers and employees need to fulfil in order to enjoy the financial benefits, on the other.

 I. Minimum wage.

For the period comprised between 01.01.2020 and 31.12.2028, the minimum wage in the construction industry will be 3.000 RON, for a normal work schedule averaging around 167,333 hours per month. This will represent, on average, 17. 938 RON per hour.

During the same year, the Romanian Government publishes a new order by introducing a new procedure for registration in VAT […]

Ascent Group continues its expansion plans by opening a new office in Romania, in Sibiu.

Ascent Group’s office in Sibiu will offer clients all types of services the consulting group Ascent is offering, but also aims to become a catalyst for enhancing business relations between the central part of Romania and other countries in the region.

Not last, Sibiu office aims to provide support to all foreign investors intending to start a business in Transylvania.

The office in Sibiu is the 7th office opened by Ascent Group, after those in Bucharest, Arad, Chisinau, Limassol, Sofia and Belgrade.

The contact details where you can find our new office are:

Ascent Group Sibiu
Revolution street no. 1, apt. 15
Tel: +40 269 211090
fax: +40 269 211722

We look forward to see you in Sibiu!