Muşat & Asociaţii: July 1st brings an increase in social security charges payable by freelancers

The New Fiscal Code brings forth important amendments concerning the applicability of social security charges applicable to agreements concluded with freelancers, the most important of which aims directly at the applicability of the full quota to revenues which are not subject to withholding taxes. “A full quota of 31.3% for social security contributions, approximately 20%…

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