KEY ASPECTS OF DOING BUSINESS IN ROMANIA

The corporate income tax rate is 16%, with the possibility of a lower rate of 3% for companies with one employee and less than EUR 0.5 million in revenue.
Dividend tax is 5%.
Understanding Romania's double taxation treaties can optimize tax liabilities.
VAT registration is mandatory for companies with an annual turnover exceeding 300,000 lei.
Non-residents should obtain tax planning advice to effectively utilize Romania's fiscal incentives, such as deductions and credits for specific investments or activities.

Contact us for your first free consultation on tax issues.

Opening a corporate bank account requires the presence of company directors or authorized persons at most Romanian banks.
The financial system in Romania is robust, with a variety of local and international banks providing various banking services for businesses. In addition, digital banking solutions are available and growing.

We assist with the opening of bank accounts in Romania on a turnkey basis and provide advice on financial matters.

The real estate market in Romania provides a variety of options for businesses in need of physical premises, including urban office space and industrial parks.
Property lease and purchase transactions require due diligence and legal support to comply with zoning laws, property taxes, and building permits.

Romania's membership in the EU provides access to the single market, facilitating trade between EU countries. The consumer base is diverse, with growing purchasing power and interest in new products and services.

Compliance with the GDPR is mandatory for companies in Romania. This includes implementing data protection measures and obtaining lawful grounds for processing personal data. The appointment of a Data Protection Officer (DPO) is recommended.

Our legal advice can help you navigate the requirements of the GDPR and ensure that your clients' and employees' data is protected.

Romania provides various support options for businesses, which include grants and incentives for start-ups, research and development activities, and export-oriented companies.
Collaboration with local chambers of commerce, business incubators, and professional networks can provide valuable information, partnerships, and growth opportunities.

Given the complexity of establishing and operating a business in a foreign country, it is advisable to seek specialized legal and tax advisory services. We provide strategic advice on growth and expansion in the Romanian market, with exceptional knowledge of Romanian commercial law, tax law and corporate practice.