From 1 July 2022 onwards the limit of micro enterprises will be 500,000 euros instead of the 1,000,000 that is currently the limit. My worry is that they proposed even a limit of 100,000 euros.
Threshold for SMEs subject to 1% income tax will halve in Romania to EUR 0.5 mln
The maximum income threshold set for the microenterprises willing to benefit from the 1% or 3% income tax (instead of the 16% profit tax) will decrease from EUR 1 mln to EUR 0.5 mln as of July 2022, if the amendment to the Fiscal Code agreed over by the ruling coalition is enacted. The threshold...
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