Romanian taxation system:
- The corporate tax in Romania is 16% on profit (income minus tax-deductible expenses).
- There is another possibility for companies that have a turnover lower than 500K Euro(micro companies), 1% on the turnover if the company has at least one employee. The employee...
Hi.
30% tax it is a lot. If you run a company with maximum 500K Euro turnover per year, you can setup a Micro Company in Romania and you pay 1% tax/per company turnover if the company have minimum 1 employee or 16% tax on profit without employee, and 8% tax for dividends.
Hello all, You can establish a company in Romania(which is an European(and subject to European laws) country, which has another company(a local one) as a nominee director. No problem, it is better to have a local nominee director because in this way you can avoid the problems you would have...
Hi,
I also live in Palma, I do online business and I am from Romania. I had an offshore company. I can give you some advices. PM me if you want so we can talk.
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