Choose your business form · Romania

PFA / SRL Calculator

Same revenue, three options. Compare taxes, personal take-home money and funds retained in the business.

Simulated tax year: 2026 · Results and thresholds are annual, even when you enter monthly amounts.

Business inputs

Enter amounts Revenue excluding VAT (RON) Deductible expenses excluding VAT (RON)

Enter operating costs. Accounting and the SRL employee are added separately below; do not count them twice.

PFA accounting (RON)

SRL accounting (RON)

Share withdrawn for personal use (%)

PFA: share of funds after tax. SRL: share of after-company-tax profit distributed and paid as dividends in the simulated year.

Compare by

SRL employee and eligibility

Include one full-time SRL employee for the full year The employee is the owner; their net salary counts as personal income This is the employee’s primary job (standard deduction and minimum-wage relief)

Monthly gross Jan–Jun

Monthly gross Jul–Dec

Standard employment contract, without vouchers, bonuses or dependants. Other wages may be included in expenses, but do not count as the owner’s personal income.

I confirm the other micro conditions: eligible activity, ownership rules, one designated micro and fulfilled filing obligations Annual turnover of linked enterprises (RON)

Personal circumstances / PFA

I am legally exempt from PFA CAS (e.g. pensioner) I am exempt from the CASS top-up to 6 minimum wages (e.g. qualifying external salary income)

This only removes the minimum top-up; CASS on PFA income remains due. The hypothetical SRL salary is not salary income in the PFA scenario.

Other annual income relevant to investment CASS (RON)

Use tax-relevant net values (after-tax dividends, rental income, etc.). We calculate only additional CASS triggered by new dividends. CASS already due on other income is excluded.

Annual comparison, step by step

Item	PFA · actual expenses	SRL · micro	SRL · profit tax

Understanding the result

The displayed advantage is fiscal and depends on your assumptions. Retained SRL funds belong to the company; later withdrawals may incur tax. For PFA, withdrawals and retained funds simply split the same after-tax amount.

Legal form also depends on business risk, liability, professional requirements and administration. PFA may entail personal liability; SRL generally provides separation of assets, subject to legal exceptions.

Simplified model: one resident individual owner, full year, actual-expense PFA and CAS at the mandatory minimum base. All entered expenses are deductible and paid, and revenue is collected. Excludes income norms, VAT, carried losses, legal reserves, special relief and differences between accounting and taxable profit. Dividends are limited here to positive profit; actual distribution also requires legal conditions to be met.

Micro is modelled only as a full-year regime. Exceeding the limit excludes it; quarterly switching to profit tax and special deadlines for new companies are not simulated.

Updated Fiscal Code · ANAF ↗PFA thresholds 2026 · ANAF ↗Micro 2026 · ANAF ↗