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Romania is one of those countries where you can optimize your taxes quite well.
We talked about this country before, and we strongly recommend adding visiting Romania to your bucket list, as this country has so much to offer!
We’ve mentioned earlier that Romania can be really good when it comes to crypto gains.
We also talked about their micro business special tax treatment, where you can have 1-3% tax, which is great!
If your business made revenue up to 1mill euros per year you could take advantage to this special tax regime.
However, this is not the case anymore. New threshold is 500 000 eur, and you can only form up to 3 companies.
Another change to Romanian tax system is that they are increasing their dividend withholding tax rate, form 5% to 8%.
Who are we and what do we do?
We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.
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Author: Michael Rosmer
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