Romania Legal

Corporate solutions in Romania

Register a company in Romania with professional assistance. We cover various corporate solutions including accountancy and document preparation.

Taxes in Romania

Romania is the financial and banking centre of East Europe. In addition, the state actively finances and supports companies, start-ups and support funds.

Romania is a developing country, a member of the EU since 2007. The fiscal system in Romania is being reformed by the state in order to bring it in line with the norms of the European Union.

What are the taxes

The table below provides a list of some of the most frequently encountered tax types along with their corresponding rates.
Tax Tax Rate
VAT19%
Corporate income tax 16%
Personal income tax 10%
Dividend tax 8%
Capital Gains tax 10% – 16%
Property tax 0.5% – 1.3%
Inheritance tax 0%
International tax 10% – 16%
Cryptocurrency tax 10% (under capital gains)

Approved benefits

Income tax in Romania is not provided for such types of income:

Dividends received by one Romanian legal entity from another. After the entry of the country into the EU community, all dividends that come from legal entities-residents of the EU member states are not taxed, provided that this legal entity owns more than 25% of the company’s capital for a period of at least 2 years.

The difference resulting from the sale / pooling of capital of companies or the payment of bonuses by legal entities.

  • Return income or discounts on non-deductible expenses.
  • Income that is not taxed in accordance with legal agreements.
  • Funds received during maternity leave.
  • Insurance payments.
  • Sponsorship.
  • Funds provided as reimbursement for travel expenses.
  • Inheritance.
  • Donations.

Request bookkeeping solution

If you have a company in Romania, it is mandatory to do accounting and complete all taxation rules according to Romanian laws. Learn more about bookkeeping solution in Romania.

Tax system

All payments to the budget, depending on the form of their expression (paid directly, included in the cost of the goods, and so on), are divided into:

Direct

income and corporate tax

Indirect

excise tax, VAT, customs duties and registration fees

Business in Romania

Our company provides services for setting up a company in Romania. The specialists of our company have the necessary knowledge, experience and qualifications. We can offer a consultation with taxes in Romania. In addition, we also provide business support, accounting and other services necessary for your business. Our specialists have vast experience in this field of activity. We will be happy to help you successfully open a business in Romania.

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Disclaimer

Tax laws and regulations are continually evolving and can differ depending on personal circumstances. The information presented here serves as general guidance and may not represent the latest updates. It is strongly advised to seek the assistance of a qualified tax professional for tailored and current advice relevant to your situation.

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