Taxation

Generalities

The Romanian taxation law is very comprehensive, there being a series o legal provisions, regulations and exceptions in this field. We briefly present you summary with the most important information.
A complete description would overload this web page.
For more concrete questions in this field, are at your disposal.

Profit tax: 16%

Corresponds to the German income tax

Due to the use of this low tax, Romania has become a very attractive location.
It is applied to all legal persons. According to the Romanian law, this taxation rate is also applied to the self-employed persons.

Income tax: 16%

For the incomes up to 1000 RON, the value of a minimum gross salary per national economy, from the activities that are not independent tax free.

Agreement between Germany and Romania

Starting the 01.01.2004, there entered in force a new agreement between the two countries referring to the following taxes that can be held back at the source:

  • dividends: 15% except for 5%, when the German  LTD or Joint Stock Company has at least 10% of the registered capital.
  • interest: 3 %
  • rentals: 3%