The immediate impact on corporate profitability is the expansion of fiscal instruments designed to support productive investments and the adjustment of certain operational thresholds relevant to the tax regime. Through Emergency Ordinance No. 8/2026, published in the Official Gazette No. 147 of 25 February 2026, the Government introduces an extensive set of fiscal-budgetary measures aimed at increasing economic competitiveness and accelerating investments.
In the area of corporate income tax, one of the changes with direct implications for asset accounting is the increase of the value threshold for recognizing depreciable fixed assets from RON 2,500 to RON 5,000. This adjustment reduces the number of goods treated as depreciable assets and simplifies the accounting treatment of lower-value acquisitions.
For new assets put into operation during the 2026 fiscal year, classified under subgroup 2.1 – Technological equipment (machines, machinery, and working installations) and 2.4 – Animals and plantations, the ordinance allows the application of super-accelerated depreciation. The measure aims to enable faster fiscal recovery of investments, with a direct impact on cash flow and on the taxable base.
Another instrument introduced is a tax credit for research and development activities, available by option and designed as an alternative to existing incentives. At the same time, taxpayers applying the exemption for reinvested profit may simultaneously use accelerated depreciation for eligible assets acquired in 2026, increasing the overall intensity of fiscal incentives for investment.
For companies accessing the capital market, the legislation introduces an additional 50% tax deduction for expenses related to the admission process and maintaining listing status. From the perspective of corporate governance and investment financing, this measure reduces the fiscal cost associated with going public.
Within the microenterprise income tax regime, the ordinance allows taxpayers to return to this regime at the beginning of a fiscal year if the legal conditions are met, regardless of the history of its application. For newly established entities, the obligation to employ at least one employee must be fulfilled within 90 days from registration, while in the case of termination of an employment contract, the 30-day replacement deadline remains in place.
Regarding VAT, the threshold for applying the cash accounting VAT system increases to RON 5,000,000 for the period 1 March – 31 December 2026, and to RON 5,500,000 starting 1 January 2027.
The normative act also introduces a 3% bonus for the 2025 fiscal year applicable to corporate income tax, microenterprise tax, and independent income. In addition, it establishes multi-annual state aid schemes for investments with major economic impact, including projects in research, advanced technologies, the defense industry, and mineral resource development, alongside measures dedicated to projects developed through public-private partnerships.