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Minimum wage in France in 2021

Minimum wage in France in 2021
The French minimum wage (salaire minimum in French), also called SMIC (Salaire Moyen Interprofessionnel de Croissance, or growth cross-sectoral minimum wage), represents the minimum amount (lowest salary) per hour or per month that employers have to legally pay their employees. What is this amount in 2021 ? Who determines it ? How often does it…
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Foreign Enterprise : Hire an employee without having any subsidiary in France

Foreign Enterprise : Hire an employee without having any subsidiary in France
Foreign companies can hire an employee in France without having a corporate establishment in this country. In order to do this, they have to undergo a certain number of procedures imposed by the administration and social welfare agencies. CONCERNED COMPANIES They must not have a subsidiary, a corporate establishment or keep books / records in…
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Collective agreements applicable in France : what do you need to know?

Collective agreements applicable in France : what do you need to know?
If you run a foreign company without establishment in France but you do employ personnel on the French territory, affiliated to the French social security system, you must then respect certain conditions imposed by the French law. These generally fall within the framework of an applicable collective agreement. We synthesized for you the most important…
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Understanding the Contents of a French Pay Slip

  CONTACT US   How to Read a French Pay Slip? As of January 1st 2018, a “simplified” pay slip template became mandatory in France. This new template reduced in half the number of lines on the French pay slip. As a result, the pay slip sequences became clearer, structured by expense accounts. Nevertheless, understanding…
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Income Tax in Romania: Possible Revolution Starting 2018

Income Tax in Romania: Possible Revolution Starting 2018
A common project of the Ministry of Finance and that of Labour and Social Justice Ministry, issued and presented for the first time in April 2017, brought a great surprise for both specialists and society members. This project, if materialized, will be a part of the new Economic Code, bringing some very important changes from…
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How to Start a Business in Romania ? A Step-by-Step Guide

How to Start a Business in Romania ? A Step-by-Step Guide
How to start a business in Romania if you are a foreign company and you are looking into setting up a local subsidiary? This is the question we will be tackling today on our blog, in a step by step guide covering all practical information you need to know. HOW TO START A BUSINESS IN…
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Easter 2017: fiscal opportunities to motivate Romanian employees

Easter 2017: fiscal opportunities to motivate Romanian employees
The Easter holiday brings good news for employers in Romania. They can take advantage of this festive time of the year by granting their employees a special bonus, under very favourable conditions. Don’t miss out on a good opportunity to financially motivate your staff! EASTER BONUS IN ROMANIA: THE GRANTING CONDITION For employers in Romania,…
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Freelance Activities in Romania: Taxes to be paid as of 2017

Freelance Activities in Romania: Taxes to be paid as of 2017
If you choose to be a freelancer in Romania and you have the legal authorization for this, the taxes to be paid are a bit different than for employed people. We hereby offer a big picture of all the different contributions to be taken into account by those undergoing such freelance activities. TAXATION FOR FREELANCE…
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Understanding the Romanian Civil Contract

Understanding the Romanian Civil Contract
The “civil convention” is a well-known form of civil contract and has been used for some years now. It is reflecting the work relation between an entity and a person who renders different services. The legal framework is a bit unclear for persons in this situation in Romania. We are trying to shed some light…
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Income Tax Exemption for IT Employees in Romania

Income Tax Exemption for IT Employees in Romania
An income tax exemption for IT employees exists in Romania since 2004. The qualifying condition were unfortunately fairly hard to meet. But this is no longer the case, since the 1st of February 2017 it has become easier to benefit from this tax exemption. Here is why. IT EMPLOYEES: EXEMPTED FROM INCOME TAX IN ROMANIA…
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