Bucharest Employment Outsourcing Services buh4ww
We provide the Services to recruit your Romanian staff on behalf of you, not only located in Bucharest but almost in major cities of Romania.
Email: buh4ww@evershinecpa.com
The Engaging Manager from Headquarter
Ms. Anna Wang, Speak Romanian, English and Chinese.
skype: burlinna
We provide the Services to recruit your Romanian staff on behalf of you, not only located in Bucharest but almost in major cities of Romania.
If you don’t have any entity in Romania, you pay salary with expenses reimbursement from the overseas parent company to your local Romanian individual employees, who will be bear risk without paying individual income tax to the tax bureau.
Unless your local Romanian individual employees have set up their own company, then you pay to the company, that will be no problem.
If your company still doesn’t want to set up a WFOE (Wholly Foreign Owned Entity) in Romania due to some reasons, but you will recruit employees temporarily or by project base, we suggest you adopt this Romania Employment Outsourcing Services.
It means Evershine will recruit your Romanian local staff on behalf of your company.
And then we will take care of all kinds of relevant local services including payroll compliance and expenditure process.
Besides, Evershine will fully comply with Romanian law and regulations on individual Tax, Statuary Social Benefit, and Labor rights.
We found that our services have another name so-called PEO (Professional Employer Organization) Service.
For Romanian Local staff:
Your Romanian local staff can be recruited by Evershine affiliated companies in almost all major cities of Romania.
Service Coverage-for Romanian Local Employees:
* Recruiting contract
* Asking-leave arrangement and over-shift processing complied with Romanian regulations
* Online Payroll Management System
* File for listing and delisting of Labor Insurance and Health Insurance
* Gross salary calculation based on fixed and non-fixed salary, Leave, and Overtime
* Labor Insurance Charge paid by the company and employee
* Health insurance Charge paid by the company and employee
* Pension Fund Charge paid by the company and employee
* Withholding Tax
* Gross salary and net-cash salary
* Salary wire transferring services
* Delivering payment slip to each employee
* Accepting query from each employee.
* Annual accumulation salary income and withholding tax report to Tax Bureau.
* Year-end insurance premium certificate
* Severance pay application
* Semi-annual adjustment of insured caps and LPA caps.
* Laid-off arrangement complied with Romanian regulations.
Reimburse Expenses of local Romanian Employees:
Local Romanian Staff incurs some expenses.
It might be tax-nondeductible, say it is A.
It might be categorized to be the temporary salary of some individual, say it is B.
Finally, A minus B equals C. C becomes final tax-nondeductible expenses.
When your Romanian local staff makes an expenses payment request from Evershine, it will bear corporate income tax because the Romanian tax bureau will get rid of C( final tax-nondeductible expenses).
Therefore you need to pay us 1.35 C to reimburse Evershine.
Service processes-for Romanian Local Employees:
* Evershine will sign a” Service Subcontract Agreement” with your company.
* Evershine will sign an” Indemnification Agreement” among Evershine, your company and the local Employee.
*Evershine will sign a “Labor Contract “with your local staff based on the term of your Employment Contract.
*Evershine will take care of these local employees complied with Romanian regulations on Tax, Statuary social benefits and labor rights.
*Evershine will take care of payroll calculation and expenditure payment requests of these local staff. Then let you approve each payment and monthly payment sheet.
*Evershine will ask your company to pay us the fund before we pay salary and expenses to your local staff.
*Evershine will take care of the wiring process to your Romanian local staff.
*Evershine will take care of payroll compliance in Romanian.
*When lay-off these local employees, Evershine will take care of it complied with Romanian regulations.
Why do clients use this Employment Outsourcing service to recruit Romanian local Employees?
Timing
*When you need Romanian to help to do marketing or promotion for your products or services in Romania.
*When you need Romanian to help to do product sourcing, supplier sourcing and quality assurance before shipping in Romania.
*When you assign Romanian to do Research and Development in Romania.
*When you want to compete in government bidding and need Romanian to prepare bidding documents.
Advantages:
*Adopting Evershine “Employment Outsourcing Services”, you need not maintain a legal entity which surely significantly reduces company maintenance expenses.
*You can quickly assign a person to reside in Romania because this decision will not need through BOD resolution from your Parent company site.
*Of course, you can withdraw your activities from Romania very easily.
Disadvantages:
*Adopting Evershine “Employment Outsourcing Services”, when you pay us Employment cost of salary and tax-deductible employee expenses, it needs to add up 6% Value Added Tax according to Romanian tax regulations.
*When you pay us the Employment cost of Employee’s expenditures, if it belongs to non-tax-deductible expenses, it needs to add up about 35% ( Income tax rate + Value Added Tax rate) according to Vietnam tax regulations.
*That will increase your cost 6% (Romanian VAT Rate) when compared with executing payroll compliance by your own Romania WFOE.
The conclusion is:
*When your employment is few people and short-term, you can adopt our Employment Outsourcing Services in Romania.
*And when your operation becomes stable and long-term, you need to set up your own WFOE in Romania.
*Remember we can provide payroll compliance services to you in both scenarios.
For Expatriates staff assigned from overseas parent company:
If you plan to assign expatriates to work in Romania, when applying for resident certificate, expatriates need to show a house-rent agreement with the house owner.
Therefore, generally, instead of using employment outsourcing services, it is better that you set up your own Romania entity.
However, in some scenarios, like in the city of Bucharest where are 100% of Evershine-owned subsidiaries located, it will still work although it will be more complex.
Please send us your requirements by email. We will propose it case by case.
Contact Us
Bucharest Evershine BPO Service Limited Corp.
Email: buh4ww@evershinecpa.com
The Engaging Manager from Headquarter
Ms. Anna Wang, Speak Romanian, English and Chinese.
skype: burlinna
or
For investment structure relevant to multi-national tax planning and Financial & Legal Due Diligence for M&A (Merge and Acquisition), send an email to HQ4buh@evershinecpa.com
Dale Chen, Principal Partner/CPA in Taiwan+China+UK will be accountable for your case.
LinkedIn address:Dale Chen
Additional Information
Evershine CPAs Firm Headquarter
6th Floor 378 Chang Chun Rd., Taipei City, Taiwan ROC
Partner Kerry Chen, USA Graduate School and a well-English speaker
Tel No.: +886-2-27170515 ext. 105
Mobile: +886-939357000
Email: kerrychen@evershinecpa.com
Skype: oklahomekerry
Evershine has 100% affiliates in the following cities:
Headquarter, Taipei, Xiamen, Beijing, Shanghai,
New York, San Francisco, Houston, Phoenix,
Tokyo, Seoul, Hanoi, Ho Chi Minh, Bangkok,
Singapore, Kuala Lumpur, Manila, Dubai,
New Delhi, Mumbai, Dhaka, Jakarta,
Frankfurt, Paris, London, Amsterdam,
Milan, Barcelona, Bucharest,
Melbourne, Sydney, Toronto
Other cities with existent clients:
Miami, Atlanta, Oklahoma, Michigan, Seattle, Delaware;
Berlin, Stuttgart; Prague; Czech Republic; Bangalore; Surabaya;
Kaohsiung, Hong Kong, Shenzhen, Donguan, Guangzhou, Qingyuan, Yongkang, Hangzhou, Suzhou, Kunshan, Nanjing, Chongqing, Xuchang, Qingdao, Tianjin.
Evershine Potential Serviceable City (2 months preparatory period):
Evershine CPAs Firm is an IAPA member firm headquartered in London, with 300 member offices worldwide and approximately 10,000 employees.
Evershine CPAs Firm is a LEA member headquartered in Chicago, USA, it has 600 member offices worldwide and employs approximately 28,000 people.
Besides, Evershine is Taiwan local Partner of ADP Streamline ®.
(version: 2022/03)
Please send an email to HQ4buh@evershinecpa.com
More Cities and More Services please click Sitemap