Europe

Romania: tax at a glance

A flat 10% personal income tax and 16% corporate tax. VAT rose to 21% in 2025, and dividend tax rises to 16% in 2026.

Worldwide (residence-based) Last verified July 2026

The taxes

Personal income (top)
10%
Corporate income
16%
Capital gains
10%, reduced to 1-3% on shares sold through a broker
VAT / TVA
21%
Dividends (WHT)
16%
Interest (WHT)
16%
Royalties (WHT)
16%
Social security (employee)
35%, made up of CAS at 25% and CASS at 10%
Social security (employer)
2.25%, the work-insurance contribution known as CAM
Wealth tax
None
Inheritance / estate
None, through a notary transfer, though about 1% applies if the estate is not settled within 2 yrs
Property tax
A local building and land tax, set by the municipality
Other
VAT rose to 21% on 1 Aug 2025. Dividend tax rises from 10% to 16% in 2026. Micro-companies pay a turnover tax of 1-3%.

How the system works

Tax system
Worldwide (residence-based)
Foreign income
Taxed (worldwide)
Taxes by citizenship
No
Exit tax
Yes, leaving has a cost
CFC rules
Yes
CRS
Participating

The rates below are indicative headline figures (top marginal, standard, and headline rates), reviewed 2026-07. Brackets, surcharges, and state, provincial or cantonal taxes vary. Treat this as a reference map, not advice.

Frequently asked

What is the income tax rate in Romania?

The top marginal personal income tax rate in Romania is 10%. A flat 10% on personal income, though social contributions add a large separate burden.

What is the corporate tax rate in Romania?

The headline corporate income tax rate is 16%.

Does Romania tax capital gains?

Capital gains for individuals: 10%, reduced to 1-3% on shares sold through a broker.