Company registration in Romania

Regardless of the wanted type of company, the services offered by us are :

- Incorporation, amendments and striking-off for companies and self-employed persons

- Transfer of shares, increase and decrease of social capital

- Addition and authorization of objects of activity

- Business places establishment and closing

- Changes of head offices, designation, management, auditors

- Dissolution, liquidation, voluntary striking-off of companies

- Suspension or resumption of activity of a company or self-employed person

- Updating information on the founders, auditors

General informatios about taxes in Romania

1. In the case of legal persons in Romania we have two tax systems:

-Micro-enterprise Tax :

Commercial companies that in the previous year achieved net income below 250.000 EUR can opt to pay tax on the income of micro-enterprises. The limit is calculated cumulatively for related companies

Starting in 2026, the income ceiling for microenterprises will be reduced to 100.000 EUR.

The tax rate on the income of micro-enterprises is 1% or 3% (for some activities/or incomes over 60.000 EUR). Starting from 2023, in the definition of micro-enterprises has introduced the condition of having at least one full-time employee or several part-time employees that, in total, cover full-time.

Starting from 2024, a new condition was included in the micro-enterpise regime ,namely a holding of over 25% in only one micro-enterprise Tax payer company.

The taxable base of the microenterprise income tax is the income from any source, with a few exceptions. It is very important to remember that in the case of microenterprise income tax, the expenses do not reduce the taxable base.

If in 2025 a micro-enterprise achieves revenues greater than 250.000 EUR, it owes profit tax, starting with the quarter in which this limit was exceeded.

- Profit(corporation) tax rate is 16%. The tax base is the difference between the taxable incomes and deductible expenses.

The deadline for payment of the micro-enterprise tax:

- In the I quarter earnings until after April 25

- II quarter until July 25

- The third quarter to October 25

- IV quarter until June 25 next year

2. Gross minimum wage is 4.050 lei in Romania for full-time job.

Employers' contributions: 2,25%

Employee contribution rates: 35%

Employee income tax rate of 10% (gross salary - Employee contributions = tax base)

There are also opportunities to give food vouchers for employees, for which no contributions to be paid, only personal income tax to be paid (10%) .

Minimum wage in the construction industry is 4.582 lei (From 2025 the Tax facilities were eliminated)

Minimum wage in the agriculture sector is 4.050 lei (From 2025 the Tax facilities were eliminated)

The deadline for payment of contributions in first year is the same as the micro-enterprise tax payment deadline.

The next year, when the turnover exceeds 100.000 EUR or, the average number of employees will reach 3, then the contributions shall be paid monthly.

3. The standard VAT rate is 19%, but there are also 2 reduced rate : 9% and 5%.

Payable / recoverable VAT = VAT collected on sales - deductible VAT after purchases.

The payable VAT deadline can be monthly or quarterly.

Quarterly VAY payer may be the business that was not buyed goods from EU, and business turnover does not exceed 100.000 EUR value. If the two conditions are not met at the same time, it will be monthly VAT payer.

In 2012 has been introduced a modification to the Fiscal Code VAT title , wich stipulate that the VAT become chargeable only when issued invoices are total or partial collected (until 4.500.000 RON turnover).

But the VAT from purchases are deductible only when the invoices are payed(total or partial).

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