Setting up a new business is usually a time-consuming process. Hence, we jotted down a step-by-step guide on how to register your company in Romania; Before jumping into steps for the business set up in Romania. First, we will go through the benefits the Romanian government offers to businesses:
- 1% revenue tax up on 1 million euros;
- 5% dividend tax, lowest in EU;
- The lowest company set-up cost in the EU;
- 16% income tax;
- No tax on R&D.