The immediate impact on companies is access to a comprehensive package of fiscal facilities designed to support productive investments, voluntary compliance, and financial strengthening. [Government Emergency Ordinance no. 8/2026], published in Official Gazette no. 147/25.02.2026, introduces significant adjustments to corporate income tax, micro-enterprise income tax, VAT, and personal income tax, as well as incentives for high value-added investments and public-private partnership projects.
Investments and Depreciation
To encourage asset acquisitions and rapid cost recovery, the following apply:
- Accelerated depreciation for technological equipment, computers, and peripherals for assets exempt from reinvested profit tax.
- Super-accelerated depreciation for new assets in subgroup 2.1 (machines, equipment, installations) and 2.4 (animals and plantations), with depreciation of up to 65% in the first year, followed by calculation over the remaining useful life.
- Increase of the deductible fixed asset value from 2,500 to 5,000 RON, with recovery of the remaining unamortized value over the normal useful life.
Research & Development and Capital Market
A 10% tax credit is introduced for eligible R&D expenses, applicable in the calculation of corporate income tax or minimum turnover tax. For expenses related to admission/maintenance of shares on the stock exchange, an additional 50% deduction is granted to encourage capital market listings.
Micro-Enterprise Regime
The ordinance clarifies application criteria:
- The 100,000 euro turnover ceiling remains for 2026 eligibility.
- Removal of restrictions regarding prior payment history for applying the micro-enterprise regime.
- A 90-day period for hiring the first employee in newly established companies.
- Income representing bonuses granted by the tax authority is not included in the taxable base.
- In case of exceeding the threshold, the micro-enterprise can later opt for corporate income tax.
VAT and Personal Income Tax
- VAT collection threshold: 5,000,000 RON (March 1 – December 31, 2026) and 5,500,000 RON starting January 1, 2027.
- 3% bonus for corporate income tax, micro-enterprise tax, and personal income tax, conditional on meeting payment deadlines and submitting declarations.
Tax Reserves and Other Adjustments
- Reserves formed through reinvested profit exemption cannot be distributed, used for share capital, or to cover losses for 5 years; non-compliance triggers full taxation.
- Quarterly advance payment of corporate income tax is calculated based on the accounting profit of the period.