Information about Romania Minimum wage and taxes.

As of 2021, the gross minimum wage in Romania has been determined as 2,300 RON (Romanian Leu). This is the wage before taxes and other deductions. Income tax rates in Romania vary depending on the amount of income. Below are the income tax brackets and rates applied in Romania: - 10%: incomes between 0-27,000 RON - 16%: incomes between RON 27,001-130,000 - 25%: revenues between RON 130,001-1,000,000 - 30%: income of RON 1,000,001 and above Social security premiums are also paid in Romania. These bonuses are shared between the employer and the employee and are calculated based on a certain percentage of the gross salary. The premium rate paid by the employer generally varies between 2-3%. On the other hand, there are other compulsory insurance premiums deducted from employees' salaries by employers in Romania. These premiums are divided into different categories such as health insurance, unemployment insurance and retirement insurance. The rates of these premiums also vary depending on the gross salary. As a result, minimum wages and taxes in Romania are determined by a rather complex system. Therefore, it is recommended that you get support from experts who provide tax consultancy services in Romania to get more detailed information about deductions and tax payments.