Why set up a company in Romania
The country’s advantages, the low taxation and more reasons for you to choose Romania for setting up here your new company
10 reasons why to choose Romania for setting up your new company
- 1. One of the lowest taxation schemes in Europe!
- 2. Fiscal Stability
- 3. The shareholder benefits from absolute protection
- 4. Extremely solid banking system
- 5. The fastest internet in Europe + good urban infrastructure
- 6. An interesting, vibrant society, with a strong middle class of millions of citizens
- 7. “Flexible” urbanistic laws
- 8. Extremely high growth potential in the post covid period
- 9. Almost 80 billion Euros to absorb by EU during the period 2022 – 2026
- 10. A country with strong growth and citizens with available income and increased purchasing power
The taxation of a company in Romania
The taxation of a Limited Liability Company in Romania, the tax on dividend, information about VAT, the foreign citizens and comparing taxation advantages.
- 1 – 3% tax on revenues, for a company with revenues up to 1.000.000 Euros
- 16% tax on profits, for a company with revenues over 1.000.000 Euros
- 5% tax on dividend
- There are no issues such as advanced payment of taxes, extraordinary taxes, insurance for the shareholder or other charges.