Corporate taxes in Romania are regulated by the Romanian Tax Code. The corporate tax rate in Romania 2025 is a flat rate of 16.
This applies to the taxable profit earned by companies in Romania also it is relatively low compared to other European countries.
Resulting in a attraction for foreign investment and promote economic growth.
Corporate taxes in Romania 2025
In addition to corporate tax, companies in Romania are also subject to:
- other taxes and contributions;
- social security contributions;
- value-added tax (VAT);
- local taxes.
The social security contributions are paid by the employer and are calculated based on the gross salary of the employee.
The VAT rate in Romania is currently 19%, but reduced rates of 5% and 9% apply to certain goods and services, such as food, medicines, and books.
It is important to note that companies in Romania are required to file tax returns and pay taxes on a quarterly basis.
The tax returns must be filed by the 25th of the month following the end of the quarter.
Additionally, companies are required to keep accurate accounting records and comply with other reporting requirements.
Corporate taxes in Romania Summary
- The corporate tax rate in Romania is a flat rate of 16%
- This rate is intended to attract foreign investment and promote economic growth
- Companies in Romania are also subject to social security contributions, VAT, and local taxes
- Social security contributions are calculated based on the gross salary of employees and paid by the employer
- The VAT rate in Romania is 19%, but reduced rates of 5% and 9% apply to certain goods and services
Overall, Romania has a relatively simple and transparent tax system for companies, with a relatively low corporate tax rate compared to other European countries.
However, companies should be aware of the various other taxes and reporting requirements in order to ensure compliance with Romanian tax law, and because of this we reccomend to work with an accounting firm that have experience and autorizations.