Romania Corporate Income Tax

Corporate income tax rates and regimes

Companies are subject to a standard 16% corporate income tax (CIT) on worldwide profit, with a 1% micro-enterprise turnover regime for small companies meeting strict conditions and additional turnover-based taxes for large firms, banks and energy companies. Withholding taxes apply to dividends, interest and royalties, subject to EU directives and tax treaties.

• Standard corporate income tax rate — 16% percent (Romanian Fiscal Code (Law 227/2015))
• CIT tax base — Accounting profit adjusted for non-deductible expenses and non-taxable income; resident companies taxed on worldwide profit (Romanian Fiscal Code (Law 227/2015))
• Micro-enterprise turnover tax rate — 1% of revenues (in lieu of 16% CIT) for qualifying small companies percent (Romanian Fiscal Code (Law 227/2015))
• Micro-enterprise revenue threshold — Revenues must not exceed EUR 250,000 (RON equivalent) for 2025; lowered to EUR 100,000 from 2026 EUR ((approx — confirm 2025 vs 2026 threshold)) (Romanian Fiscal Code (Law 227/2015))
• Micro-enterprise eligibility conditions — Must have at least one employee, not operate in banking/insurance/gambling/oil-gas, and meet shareholder-holding limits across related entities (Romanian Fiscal Code (Law 227/2015))
• Minimum turnover tax (IMCA) — 0.5% minimum tax on adjusted revenues for companies with prior-year turnover above EUR 50 million (scheduled for elimination from 2027) percent (Romanian Fiscal Code (Law 227/2015))
• Additional turnover tax — credit institutions — Banks pay a special turnover tax in addition to standard CIT (rate increased under 2025/2026 reforms — confirm current rate) ((approx — confirm)) (Romanian Fiscal Code (Law 227/2015))
• Nightclubs & gambling operations CIT floor — Greater of 5% of relevant revenue or 16% of taxable profit percent (Romanian Fiscal Code (Law 227/2015))
• Withholding tax on dividends to non-residents — 10% (2025); 0% under EU Parent-Subsidiary Directive where a 10%+ holding is held continuously for at least 1 year; treaty rates may reduce percent (Romanian Fiscal Code (Law 227/2015); EU Parent-Subsidiary Directive 2011/96/EU)
• Withholding tax on interest & royalties to non-residents — 16% standard; 0% under the EU Interest & Royalties Directive where conditions are met; treaty rates may reduce percent (Romanian Fiscal Code (Law 227/2015); EU Interest & Royalties Directive 2003/49/EC)
• Penalty withholding rate — 50% WHT on certain payments to jurisdictions without an information-exchange agreement, where transactions are artificial percent (Romanian Fiscal Code (Law 227/2015))
• Annual CIT return & payment deadline — 25 March of the following year (Form 101) for calendar-year taxpayers; quarterly advance payments due by the 25th of the month following each quarter (Romanian Fiscal Code (Law 227/2015))