The ordinary rate of tax
The ordinary rate of tax on profits made by Romanian companies is 16%.
Most long term capital gains are taxed at the standard rate of corporation tax at 16%.
Representative offices are subject to a fixed tax of an amount equivalent to 4,000 euros.
In contrast, permanent representations (subsidiaries, factories, agencies, etc.) of foreign companies are subject to the standard rate of 16%.
In general, the tax on income of individuals is now fixed rate: a single rate of 16% applies.
But individuals can benefit from a tax reduction.
France and Romania are bound by a treaty to avoid double taxation.
Different VAT rates
Standard rate 19%.
Reduced 9% rate for certain activities (drugs, hotels, services, books, etc.)