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