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Romania - Important Pointers related to Expense Reimbursement - For employees
Romania - Important Pointers related to Expense Reimbursement - For employees
Kyro Guinto avatar
Written by Kyro Guinto
Updated over a week ago

Why do I need to submit the proofs under the name of Romanian Multiplier entity - “Multiplier Technologies MTR SRL”?

If the expense is not addressed in the name of registered company “Multiplier Technologies MTR SRL”, the expense is considered benefit in kind and is taxable. This is as per the laws of Romania.

What happens if the proofs are not addressed in the name of Romanian Multiplier entity?

Let us understand with an example. You have added an expense “Laptop Purchase” for RON 500, where the supporting document is under your name ‘John’.

Since this expense is not addressed under the name of Multiplier Romania entity, the invoice we will generate for your employer, will be grossed up based on the tax amount. Let us assume the tax amount is RON 150. Then we will generate an invoice for RON 650 to your employer for Laptop Purchase. And Once the invoice is paid, we will pay RON 500 to you.

However, if the supporting docs was addressed to Multiplier Romania entity, then we will invoice your employer for only RON 500 and NOT RON 650.

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