Romania In Europe

Romania is on the road to becoming an Eastern European tax haven for holdings as well as a generally attractive investment destination.

Throughout the last couple of years, the Romanian government initiated various tax measures intended to attract foreign investors to develop long-term operations in Romania. In fact, all these initiatives have marked the country on the map of European countries with the most favourable holding legislation, on the same level as well-known countries such as the Netherlands, Cyprus and Luxembourg.

Romania may be viewed on the route of becoming a regional business hub, with several legislative measures already supplemented:

• tax exemptions for capital gains and dividends (under certain conditions);