Health insurance

Self-employed persons declare and pay health insurance on an annual basis, at 10% of the taxable income, capped at 60 gross minimum salaries (RON 3,300 per month, i.e., around EUR 665 – gross minimum salary valid for December 2023), depending on the total annual income received by the individual.

Starting in January 2024, a minimum health insurance contribution will be introduced, amounting to 10% of the value of 6 minimum gross salaries (1980 RON/year – approximately EUR 400 – based on the minimum gross salary of 3,300 RON/month valid for December 2023), except in cases where the self-employed person has earned income from wages and assimilated to wages in the previous year at a level at least equal to 6 gross minimum salaries

Pension insurance

Self-employed persons declare and pay pension insurance on an annual basis, at 25% of the annual taxable income, capped at 12 or 24 gross minimum salaries (RON 3,300 per month, i.e., around EUR 665 – the gross minimum salary valid for December 2023), depending on the total annual income received by the individual. Individuals may choose to pay a higher pension insurance amount.

Obligatory pension fund

N/A

Accident insurance

N/A

Maximum contribution

10% of 60 gross minimum salaries for health insurance (RON 19,800 per year, around EUR 3,985 – based on the December 2023 gross minimum salary).

25% of 24 gross minimum salaries for pension contributions. (RON 19,800 per year, approximately EUR 3,985 - based on December 2023), or more if opted for by the individual.

Health and accident insurance

Employee: 10%, uncapped

Pension insurance

Employee: 25%, uncapped
An additional pension insurance contribution of 4% / 8% is due by the employers for particular, respectively special work conditions.

Maximum contribution

N/A

Others

Work insurance contribution: due by employer - 2.25 % of the gross salary.

Severance fund

N/A

Non-wage labor cost

n/a