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The difference between PFA and LLC : which option is better?

PFA si SRL

The difference between PFA and LLC: Which option is right for you? When you decide to start a business, one of the first choices you have to make is its legal form. The most common options for entrepreneurs in Romania are PFA (Persoană Fizică Autorizată) and SRL (Societate cu Răspundere Limitada). But which of PFA and SRL is right for you? This article gives you a detailed comparison to help you make an informed decision. What is a PFA? A…

Parental Leave 2025: Guide for Parents

Concediu Creștere Copil

Parental Leave 2025: The Complete Guide for Parents Parental leave 2025 is regulated by GEO no. 111/2010 and gives parents the opportunity to devote themselves to caring for their child in the first years of life. If you are about to become a parent or are already in this situation, it is important to know the conditions, legal rights and obligations. This guide clarifies everything you need to know about parental leave: duration, allowance, documents and return to work. 1.…

Individual Dismissal 2025

Concediere Individuală 2025

Individual Dismissal 2025: The Complete Guide for Employers and Employees Individual dismissal through redundancy is one of the most common legal forms of termination of employment. In 2025, the Labor Code clearly sets out the steps and conditions to be followed by employers in order to avoid litigation, as well as the rights of employees. In this step-by-step guide, we explain what an individual dismissal entails: definition, required documentation, notification, notice, notice of termination, termination decision and the right to…

Mini SAFT Guide for Small Taxpayers

Mini Îndrumar SAFT pentru Micii Contribuabili

With the extension of the SAFT (Standard Audit File for Tax) reporting obligation to small taxpayers starting in 2025, it is essential to understand what this electronic format entails and the associated tax responsibilities. 1.What is SAFT and what is its purpose? SAFT, or Standard Audit File for Tax, is a standardized electronic format mandated by tax authorities, used to transmit detailed information about a taxpayer’s economic operations. Although this requirement initially applied only to large and medium-sized taxpayers, starting…

CAEN Rev.3

services finance bg 03

CAEN Rev.3: What Entrepreneurs Need to Know in 2025 CAEN Rev.3 is the new classification of economic activities that came into effect on January 1, 2025. This update aligns CAEN codes with European standards and has a significant impact on how companies in Romania define their activities. Find out in this comprehensive guide what CAEN Rev.3 is, how it affects companies, and what you need to do to update your CAEN codes according to the new regulations. 1.What Is CAEN…

Decisions with purpose, not by chance – Informed entrepreneurs at IMMCLUB_SAS Iași 2025

antreprenori

On April 8, 2025, at Hotel Unirea in Iași, entrepreneurs and experts from across the country gathered for the event “Secrets of the Successful Entrepreneur – SAS,” organized by IMM Club. The central theme? “Business Decisions: Informed Entrepreneur vs. Intuitive Entrepreneur” – a timely debate, especially in an economic climate where uncertainty calls for both intuition and, above all, strategy. The event was moderated by Liviu Sav, FCCA, and featured speakers such as Adi Ploscaru and Dan Mocanu, who spoke…