PFA vs SRL Calculator Romania

PFA is an individual business with personal liability and simpler administration, while SRL is a company with limited liability, more tax optimization options, but complex administration. PFA is ideal for freelancers, SRL for larger businesses.

PFA: 10% income tax plus social contributions (health insurance and pension). SRL: 16% profit tax plus 8% dividend tax when withdrawing profits. SRL often has lower effective tax rates for higher incomes.

Yes, you can migrate from PFA to SRL at any time. You need to close the PFA and register a new SRL. This process typically takes 2-3 weeks and involves transferring assets and client contracts.

You need: valid Romanian ID or residence permit, proof of address, completed form 03 (fiscal registration), and payment of registration fee (~200 RON). The process can be done online or at ANAF offices.

PFA: You can manage accounting yourself or hire an accountant (recommended for ~100-200 RON/month). SRL: Professional accountant is mandatory due to complex requirements (typically 300-600 RON/month).

Generally around 150,000-200,000 RON annually, SRL becomes more tax-efficient. However, this depends on your business goals, expenses, and growth plans. Use our calculator for personalized recommendations.