Payroll & Benefits in Romania

Paying staff accurately and in a timely manner along with correct social and tax contributions is of extreme importance. Payroll Administration counts as a complex and time-consuming activity. It requires extensive and up-to-date knowledge of tax and labor laws in Romania. Any mistake can lead to serious consequences ranging from discontented staff to unexpected legal penalties.

At NNRoad, we stand responsible for all the legislative and administrative developments freeing you from all the burden. We have experienced professionals who will look after all your payroll needs saving you the time and resources which you can utilize in business-oriented activities.

• Registering and de-registering the necessary company and personnel information for payroll calculation in compliance with local rules.
• Registering all local employees with the social security board, if required.
• Calculation of gross salary, salary deductions, such as social insurances, unpaid leaves, etc., and net salary based on information provided by the Company including irregular payments such as incentive/bonus, allowance, etc. if applicable.
• Pro-rata calculation for people who join/resign.
• Providing a monthly payroll summary to the Company.
• The monthly issue of electronic pay-slips.
• Prepare annual payroll related reconciliation report.