An Employer of Record (EOR) in Romania is a third-party entity that handles the employment, payroll, and compliance obligations on behalf of companies that want to hire employees in Romania without establishing a local entity. Here’s how an EOR typically operates in Romania and the benefits it offers:
Key Functions of an EOR in Romania:
Employment Compliance: The EOR ensures adherence to Romanian labor laws, including employment contracts, employee rights, working hours, and termination procedures.
Payroll Management: It manages payroll processing, tax calculations, salary disbursement, and social contributions, ensuring compliance with local regulations.
Tax Compliance: The EOR is responsible for accurate tax reporting and deductions, staying current with Romanian tax laws and regulations.
Employee Benefits: Provides access to benefits required by law, such as health insurance, retirement contributions, and other benefits expected by Romanian employees.
HR Support: The EOR handles HR tasks, including employee onboarding, performance management, and termination support.
Employment Laws in Romania
Capital: Bucharest
Language: Romanian
Currency: Romanian Leu (RON)
Payroll Cycle: Monthly
Employment Contract:
Employment contracts must be in writing and must provide a written statement related to the settlements in the parties of the contract. The contract depends on the kind and the duration of the work but must adhere to the Polish Labor Code.
Minimum Wage:
As of July 1, 2024, the minimum wage in Romania is 3,700 RON per month or 22.02 RON per hour.
General Taxation:
Employer Taxes - 6.25%, Employee Taxes - 35%
Working hours:
No more than 8 hours per day, and no more than 48 hours per week.
How Dhi ADT Helps You
Dhi ADT is here to help you seamlessly manage your workforce expansion in Romania. With our comprehensive Employer of Record (EOR) services, we handle compliance, payroll, and HR functions, allowing you to focus on growing your business confidently and efficiently. Reach out to Dhi ADT to simplify your global hiring journey.
Ready to expand into Romania?
Contact Dhi ADT today to learn how our Global EOR services in Romania can help you hire quickly and compliantly!