The information on this page was collected from public resources.

Is there cash assistance available? Who is eligible? How does someone apply?

Financial assistance will be provided until June 30, 2024, in the following order:

During the first 4 consecutive months:

- 2,000 lei per month per family for living expenses;

- 750 lei per month per single person for living expenses;

- 600 lei per month per person for food expenses.

Starting from the 5th month until June 30, 2024:

- 2,000 lei per month per family for living expenses;

- 750 lei per month per single person for living expenses.

More information here mceclip0.png.

How do I set up a bank account?

Romanian Banks will generally require a Ukrainian passport with a valid entry-stamp in order to open up an account. Several banks have customized offers dedicated to Ukrainian refugees. Please be aware that you will need to provide documents โ€“ you cannot open up a bank account solely based on the refugee status as far as the regulations provide.

In such a regard, we point out this mceclip0.png offer which has generally zero costs for the bank account.

How do I withdraw cash or exchange my currencies?

You can exchange money at some banks or exchange points. For example, BCR mceclip0.png allows a withdraw of 1.000 RON / person / day and has more than 11 ATMs at the border zones to cover all the required necessities. Foreign credit cards are covered throughout the Romanian territory.

How do I pay taxes in a country?

If you wish to work as an employee, you do not need to worry about personally handling and managing your taxes. The employer will pay the required taxes for you.

If you wish to work as an individual entrepreneur (Authorized Physical Person), you would normally need to register within the National Trade Register Office mceclip0.png in order to legally conduct commercial activities on the territory of Romania.

For individual entrepreneurs, taxes are paid on a yearly basis. For example, for the revenue that will be made in 2022 on the territory of Romania, a fiscal declaration will be filed at NAFA (National Agency of Fiscal Administration) in 2023 and the taxes will be paid then.

Generally, for individual entrepreneurs a 10% income tax is paid. However, if the individual entrepreneur had a yearly income above 30.000 RON, besides the 10% income tax, additional 25% social contribution tax and 3.000 RON health tax will be perceived (Therefore, approximatively 45% of his revenue will be paid under the form as taxes).

If I already work remotely, how should I pay my taxes?

As an employee, you do not need to worry about personally handling and managing your taxes. The employer will pay the required taxes for you.
As an individual entrepreneur, you will need to follow the specific paths mentioned in the previous question.

How to avoid double taxation?

There is an ingenious, but not perfect, solution โ€” to prove to the tax authority of the state in which the citizen does not plan to pay taxes that he is a resident of another country where he fulfills this duty.

A natural person has such a right, as Ukraine has valid conventions and treaties on the avoidance of double taxation with 73 countries of the world. Among them are almost all European countries, as well as the USA and Canada. According to these conventions, Ukrainians who pay taxes in Ukraine have the right to avoid taxation in the country of residence.

If such a situation arises in which a citizen falls under the criteria of a tax resident of Ukraine and at the same time another state defines him as its resident, he has the right to contact the tax authorities of the country of residence and make a request to the Ukrainian tax authorities to confirm that he pays taxes.

That is, in order to prevent double taxation, it is necessary to determine the resident status of an individual and, if necessary, obtain a document that will confirm it. But this may require the help of specialists - tax consultants or lawyers. Specialists advise in advance to collect evidence of the presence of a center of economic interests in Ukraine (if you plan to pay taxes only in Ukraine).

Among them may be:

  • certificate of payment of taxes in Ukraine;
  • certificate of tax resident of Ukraine (soon to be available in electronic form);
  • actual place of registration in Ukraine;
  • evidence of the presence of an individual entrepreneur registered in Ukraine (registration documents and tax declarations);
  • certificates of current accounts in Ukrainian banks;
  • certificates about the child's attendance at educational institutions in Ukraine;
  • receipts for the payment of utility bills.

If a citizen of Ukraine is recognized as a resident of Ukraine, but paid taxes in another country, the taxes paid can be credited in Ukraine. But if a person does not meet the criteria of a resident of Ukraine, it allows to change the tax resident status and consider another country as the place of tax payment.

It is important to check the registration of a natural person as a subject of entrepreneurial activity in the Unified State Register. Even if the activity has not been carried out for a long time, but the registration has not been terminated, this is a criterion for recognizing a person as a resident of Ukraine, which is accompanied by the obligation to pay taxes on income received abroad in Ukraine.

Being a citizen of Ukraine, but a tax NON-resident, you will still have to pay taxes in Ukraine for some types of income:

  • when receiving inheritance and gifts from persons who are not relatives of the 1st and 2nd degrees of kinship;
  • when receiving an investment profit;
  • when selling/leasing immovable and movable property to a natural person.

Source mceclip0.png.

How can I send money back to Ukraine?

You can transfer money from Romania to Ukraine via an international transfer or money transfer at a corresponding provider or a bank.

For an international transfer at the bank you have to fill out a special form and usually pay fees. Other special money transfer providers (e.g. Western Union, Moneygram, Wise, Revolut, Paypal) are often a cheaper and faster alternative.