Premium Business Advisory

17/03/2026

Running a Romanian business comes with challenges. The right guidance makes all the difference.

At Premium Business Advisory, we support you with:

• Strategic direction
• Financial clarity
• Growth strategies
• Operational excellence

We turn complexity into clear, actionable insights — helping you make better decisions and drive real results.

📩 Contact us today:
📧 [email protected]

📱 +40 737 645 753

01/03/2026

📊 Bilant vs. Balanta in Romanian Accounting – What’s the Difference?

Many foreign entrepreneurs doing business in Romania often confuse the terms “Bilant” and “Balanta.” While they sound similar, they serve very different purposes in Romanian accounting.

🔹 Bilant (Balance Sheet)
This is the official financial statement submitted annually to the Romanian authorities (ANAF).
It shows the company’s assets, liabilities, and equity at year-end and forms part of the annual financial statements.

🔹 Balanta (Trial Balance / Verification Balance)
This is an internal accounting document, usually prepared monthly.
It lists all ledger accounts, debit and credit movements, and ending balances.
Its purpose is to verify that accounting records are correct before preparing financial statements and tax filings.

👉 In short:
Balanta is for internal control. Bilant is for official reporting.

Understanding this distinction helps business owners better interpret Romanian financial reports and communicate efficiently with their accountant.

If you need clarity on Romanian accounting or international tax matters, feel free to contact us.

02/07/2025

Do you operate in Romania but find yourself working abroad more often?
Tax authorities are sharpening their focus on where strategic decisions are actually made. 🌍✍️

🧭 Management & control defines where your business is truly managed – and where taxes are owed.

Premium Business Advisory ensures your structure remains fully compliant and future-ready.
➡️ Contact us today for more information!

30/05/2025

📊 Did you know...?
Romania offers one of the lowest corporate tax rates in the EU — just 16%!

For international companies, this means not only a favorable tax environment but also a strategic gateway to both Western and Eastern Europe. 🌍

💼 Thinking about expanding or setting up a business in Romania?
We support you from accounting to international compliance.

➡️ Get in touch with Premium Business Advisory SRL for a free consultation.

04/11/2024

Are you in for a new challenge as secretary for a new division of a multinational company in Cluj-Napoca, please have a look at this vacancy.

10/06/2024

Are you a specialist on HR and you are looking for a new challenge, join the team of Premium advisors.

Please send your CV at: [email protected]

21/11/2023

Are you in for a new challenge in the Logistics sector, then here is your chance.

Rabelink Logistics SRL is looking for a new warehouse manager for their operations in Cicarlau - Baia Mare.

25/12/2020

Merry Christmas and a Healthy and Happy 2021!

22/04/2020

During the Corona crisis Premium Advisors is still there fore you to assist in the field of Finance, Tax Planning , Transfer Pricing and accountancy.

However now we ask your attention for the following important matter.

The European Commission, led by the European Innovation Council and in close collaboration with the EU member states, will host a pan-European hackathon to connect civil society, innovators, partners and investors across Europe in order to develop innovative solutions for coronavirus-related challenges.

Now is your chance to help tackle coronavirus!

When? 24, 25 and 26 April

Register at https://euvsvirus.org/

!

Now is your chance to help tackle coronavirus!

04/10/2019

Premium Advisors was one of the main Sponsors of the 2019 edition of "Meet the Mayor" in Cluj-Napoca where the International community meets the Mayor of Cluj-Napoca to talk, discuss and share ideas.
The event was a big success. We answered many questions regarding taxation and tax planning. Premium Advisors can also help you!