Such individuals’ taxes are related to natural persons, not companies or PFA/IE’s.

In case of Romanian tax residents (individuals, regardless of their citizenship), there are taxes applicable for incomes gained from:

• Rentals: 8% of the net income;
• Investments (e.g. capital market):
  • 1% of the profit, in case the stock position is closed after more than 1 year;
  • 3% of the profit, in case the stock position is closed in less than 1 year.
• Bank term deposits: 10% of the net profit;
• Royalties;
• Other sources of income.

Important note: To duly organize the business activity and to fulfil all the tax & accounting duties, the company needs to retain the services of a Romanian chartered accountant.

For more information, please contact us at: office@counselors.legal.