tax in romania
For company creation in romania mail: firstname.lastname@example.org
What taxes do investors in Romania pay for a micro enterprise created in Romania ?
In 2019, Romanian micro-enterprises pay income tax, according to Title III of the Fiscal Code. The tax rate is 1% for micro-enterprises with at least one employee and 3% for those that do not have employees. Company creation in Romania becomes interesting from a tax point of view.
The revenue threshold of a micro enterprise will be EUR 1 million, from January 1, 2018. The tax rate for a micro enterprise, with one full-time employee, amounts to 1%, whereas the tax rate for micro enterprises with no employees reaches 3%.
According to the latest changes in the Fiscal Code, a newly established legal entity is required to follow the micro-enterprise tax regime starting with the first fiscal year and will remain under this tax regime if it meets all of the following criteria: