PFA or SRL?
The same activity, two legal forms, different money in your pocket. The comparison includes the mandatory employee of a micro-enterprise SRL and the double taxation of dividends.
Do you also have an employment contract?
At your income of 120,000 RON (≈ €22,490), a PFA leaves you 3,115 RON (≈ €584) more in your pocket. A micro-enterprise SRL becomes better from about 130,000 RON (≈ €24,360).
| Measure | PFA, real-income system | Micro-enterprise SRL |
|---|---|---|
| Total tax per year | 28,035 RON (≈ €5,250) | 31,150 RON (≈ €5,840) |
| Effective rate | 23.4% | 26.0% |
| Take-home | 61,965 RON (≈ €11,610) | 58,850 RON (≈ €11,030) |
Take-home across the 0–600,000 RON range
With 25% expenses. The vertical line is your income; the micro-enterprise SRL pulls ahead at about 130,000 RON (≈ €24,360).
PFA, real-income systemMicro-enterprise SRL (partner is the employee, all profit distributed)
What the comparison includes
- PFA, real-income system: 10% income tax on net income, CAS 25% (ceilings of 12/24 minimum wages), CASS 10% (min. 6, max. 72 wages), with CAS and CASS deductible.
- Micro-enterprise SRL: 1% tax on turnover, the full cost of the mandatory employee on the minimum wage (4,050 RON gross), then 16% dividend tax + CASS by bracket when you take the profit out.
- We assume that in the SRL you are the employee yourself, so the net salary comes to you.