What do I need to know about my future company? What taxes apply to companies in Romania?

                Microenterprise - non-VAT paying company

Terms:

1. a turnover that does not exceed 500,000 euros
2. minimum one full-time employee. The minimum basic salary is 3,000 lei gross.
3. Consulting and management income must NOT exceed 20% of the turnover

Taxes:

1. The income tax rate will be in the flat rate of 1%.
2. The dividend tax rate is 8%

                     Macro company - VAT payer

1. VAT rates 19%, 9% or 5%
2. The dividend tax rate is 8%

* The accountant will take care of all the formalities of becoming a VAT payer

                  What do I have to do after establishing a company?

Share Capital

The minimum value of the share capital is 1 leu. However, we do not recommend a too low value of the share capital.

Bank Account

Open a bank account. There are banks in Romania that can open accounts online.

Accountant

Finding an accountant.

Single control register

The single control register of ANAF (National Fiscal Administration Agency).We can get it for 250 Ron ~50 €/$

Email : office@silso.ro