Romania

Romania offers a unique blend of innovation, quality of life, and economic opportunity within the European Union.

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Bucharest

Sources: DG for Communication

Romanian Leu (RON)

Sources: DG for Communication

Romanian

Sources: DG for Communication

19M

Sources: Eurostat

16% Corporate Tax

A special micro-company regime of 1-3% also applies.

Romania offers a highly competitive 16% corporate tax rate, alongside an attractive micro-company regime with rates as low as 1-3% on turnover.

R&D Tax Exemption

Additional deduction of 50% of the eligible expenses for R&D activities.

Romania fuels innovation by offering a 50% tax exemption on profits that are reinvested in new technological equipment for R&D activities.

70% Achievement on SNS #1: Fast Startup Score

Efficiency of starting a business and administrative support.

Romania has a supportive and efficient framework for new businesses, making it increasingly easy for entrepreneurs to launch and grow their ventures.

1% GDP Growth in 2025

Annual real GDP growth rate forecast.

Romania's economy is dynamic and expanding rapidly, driven by strong investment and consumption.

83% on SNS #6: Access to Finance Score

Availability of public and private funding for startups.

Romania's startup ecosystem is supported by good access to finance, with a growing presence of venture capital funds and government programs aiding new ventures.

55th on Ease of Doing Business Ranking

Measures regulatory performance for operating a national firm.

Romania has made significant progress in improving its business climate, with streamlined processes for getting credit and paying taxes.

Romania offers a major competitive advantage with its highly skilled, multilingual workforce and one of the lowest labour costs in the European Union.

10% Personal Income Tax Rate

A flat tax rate applies to most types of personal income.

With a simple and low 10% flat tax on personal income, Romania provides one of the most favourable tax environments for individuals in the European Union.

Romania provides universal access to public healthcare and is actively investing in modernising its health infrastructure to improve quality of care.

78th on Global Cost of Living Rank

Source

Measures relative costs of goods and services.

Experience a vibrant culture and rich history with an exceptionally low cost of living. Romania is one of the most affordable countries in the EU.

With its beautiful landscapes, dynamic cities, and strong economic growth, Romania offers a rising quality of life and a positive outlook for its citizens.

Ranking in the top tier globally for peacefulness, Romania offers a safe and secure environment for residents and businesses within the EU and NATO.

Romania's employment rate is robust, reflecting a strong labour market with growing opportunities, particularly in the booming IT and industrial sectors.

With a good score for digital-first services, Romania is committed to modernising its public administration and enhancing online accessibility for all.

Romania has embassies and consulates worldwide that offer visa services and assistance to its citizens abroad. A current list of these missions is available on the Ministry of Foreign Affairs website.

EU citizens can enter Romania with a valid national identity card or passport and do not need a visa. For stays longer than 90 days, EU citizens must register with the Romanian authorities to obtain a residence certificate from the Romanian Immigration Office.

Non-EU citizens need a valid travel document, and depending on their nationality, a visa or residence permit to enter Romania.