The Corporate Tax Rate in Romania stands at 16 percent.

Corporate Tax Rate in Romania averaged 21.96 percent from 1995 until 2020, reaching an all time high of 38 percent in 1996 and a record low of 16 percent in 2005. This page provides - Romania Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Corporate Tax Rate - values, historical data and charts - was last updated on October of 2020.

Corporate Tax Rate in Romania is expected to reach 16.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Corporate Tax Rate is projected to trend around 16.00 percent in 2021, according to our econometric models.

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Romania Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
16.00 16.00 38.00 16.00 1995 - 2020 percent Yearly

Romania Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 16.00 16.00 38.00 16.00 percent [+]
Personal Income Tax Rate 10.00 10.00 48.00 10.00 percent [+]
Sales Tax Rate 19.00 19.00 24.00 19.00 percent [+]
Social Security Rate 37.25 37.25 56.75 37.25 percent [+]
Social Security Rate For Companies 2.25 2.25 39.75 2.25 percent [+]
Social Security Rate For Employees 35.00 35.00 35.00 16.50 percent [+]


Romania Corporate Tax Rate
In Romania, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Romania.