PKF Econometrica

Starting July 1st, 2026, the gross national minimum wage increases from RON 4.050 to RON 4.325 — a 6.8% rise.

Key figures:
🔹 New gross minimum: RON 4.325/month
🔹 New net minimum: approx. RON 2.699/month
🔹 Total cost to the employer: approx. RON 4.418/month
🔹 The non-taxable amount decreases from RON 300 to RON 200

The change will directly affect around 1.7 million employees — almost double the current 831.000 paid at minimum wage, due to ripple effects on nearby salary levels.

What employers should prepare:
🔹 Addenda to employment contracts for affected employees
🔹 Updated payroll calculations from July 1, 2026
🔹 A review of internal salary grids

Preparing documents and updating payroll systems in advance avoids issues at month-end.

The annual financial statements deadline is no longer just a formality.

For SRLs, the deadline for submitting the 2025 annual financial statements is June 2nd 2026, as the legal deadline falls on a non-working day.

Starting January 1st 2026, failing to submit the annual financial statements within 5 months after the legal deadline may lead to the company being declared fiscally inactive.

The consequences are significant:
🔹 The VAT code is annuled from the date the tax authorities communicate the fiscal inactivity decision
🔹 Clients can no longer deduct expenses based on invoices issued by the company
🔹 Business activity may be seriously disrupted

In addition, companies already declared inactive risk dissolution if they are not reactivated within 12 months.

Filing deadlines now require the same level of attention as tax return deadlines.

The PKF EMEI Gathering & Global Tax Pillar Meeting 2026 brought together leaders and experts from the PKF Global network — and PKF Econometrica was part of the conversation.

What we are bringing home:
🔹 A clearer view on where our profession is heading — from quality standards to the role of technology in shaping the services we deliver
🔹 New ideas on growth and innovation, shared with colleagues from over 200 member firms in 150 countries
🔹 Stronger connections across the network — the kind that translate, in time, into better service for our clients in Romania

Being part of PKF Global means our clients are backed by the experience of more than 23,000+ professionals worldwide. Lisbon was a good reminder of what that really means.