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Newbie question about taxes - for freelancers in Romania

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Frequent Visitor
Albert D Member Since: Apr 3, 2017

I am new on Upwork and I need help from freelances in Romania.

 

I noticed that Upwork charges 20% of the bid amount. I plan to use a PFA in order to pay my taxes in Romania. I’m not quite sure but I think that PFA implies that I have to pay ~30% from the received incomings. Not taking into account the payment method additional charges, it roughly counts to 42% of the bid amount.

My question is: which are the better ways to work and pay all the legal taxes when working on Upwork in order to minimize the taxes amount (paying almost half of the earnings looks a bit too much for me)?

Any help/suggestion will be greatly appreciated.

 

Thank you!

1 REPLY 1
Active Member
Razvan S Member Since: Mar 1, 2017

Hi, you can look into a SRL. Without employees you will pay 3%.

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