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Navigating Transfer Pricing in Romania: Common Pitfalls and Best Practices for Multinational Groups Transfer pricing (TP) remains a cornerstone of tax compliance for multinational groups active in Romania, ensuring intra-group transactions reflect arm’s length principles as per the Fiscal Code. With Romania advancing toward OECD standards, recent updates emphasize proactive tools like Advance Pricing Agreements…

The „rules of the game” for transferring shares in Romanian companies have changed significantly. With the recent enactment of Law 239/2025 and GEO (OUG) 13/2026, the Romanian Tax Authority (ANAF) now holds a central role in the process. The days of quick exits from companies with tax liabilities are over. These legislative shifts are specifically…

GEO 8/2026 introduces economic relaunch measures, focusing on investments, R&D, and tax compliance. Here’s a brief summary of the main fiscal and accounting updates.   Corporate Income Tax (CIT) Minimum depreciable fixed assets value: Increases from RON 2,500 to RON 5,000 (updated annually by Government Decision based on inflation). Assets between RON 2,500- RON 5,000…

In a nutshell Romania’s fiscal reforms applicable in 2026 introduce a complex mix of temporary relief measures and significant tax increases, driven by EU alignment requirements and domestic budgetary objectives. While the overall direction points toward an expanded tax base and increased fiscal pressure, transitional provisions create short- to medium-term planning opportunities. These developments require…

About Baker Tilly Baker Tilly South East Europe is a leading firm of auditors, accountants, tax consultants and business advisors, operating in Cyprus, Bulgaria, Romania, Moldova and Greece. Country offices are independent member firms of Baker Tilly International; one of the Top 10 largest networks in the sector. A blend of young graduates and mature…