Micro-company tax rates

There are tax incentives for micro-companies if their maximum revenue in the previous year was EUR 0,5 million (Company Romania solution lets increase limit up to 1,5M euro yearly) The following tax rate applies to their income:

  • 1% with minimum one employee hired whole fiscal year;

Micro companies can apply for CIT if they fulfill the following conditions:

  • Have a subscribed share capital of at least RON 45,000;
  • Have at least two employees.

As a general rule, the corporate income tax is calculated quarterly. The final computation and payment of the corporate income tax for the whole calendar year are to be performed until March 25 of the following year.