January 2025 – On 30 December 2024, the
Romanian government adopted Emergency Ordinance no. 156/2024
("the GEO") regulating a series of
important fiscal changes that entered into force starting January
2025, as summarised below.
1. Increase of dividend tax from 8% to 10% for
all taxpayers obtaining income from dividends, i.e., companies,
individuals, and non-residents. The increased tax applies to
dividends distributed starting with 1 January 2025.
2. Elimination of tax incentives, i.e., exemption from
income tax, reduced pension insurance contribution, for
salary income lower than RON 10,000 earned by individuals carrying
out activity in IT, construction, agricultural and the food
industry. For these sectors, regular (full) taxation applies
starting with salary income related to January 2025.
