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.
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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 existing at 31.12.2025 continue depreciation over remaining life.
- Superaccelerated depreciation: For new assets in subgroup 2.1 (technological equipment) and 2.4 (animals/plantations) placed into service in 2026: 65% in first year, remainder over normal life. For ongoing investments started by 31.12.2025, applies only to value added in 2026.
- R&D tax credit: Alternative to 50% additional deduction – 10% credit on eligible expenses, deducted from CIT/IMCA. Excess becomes tax receivable compensable/reimbursable over 4 years. Not deducted in CIT vs. IMCA comparison.
- Tax reserves: Cannot be used for capital increase, distribution, or loss coverage for 5 years from creation (including reserves at 31.12.2025). After 5 years: 50% taxable if distributed; non-taxable if for capital or losses.
- IMCA adjustments: In comparison, deduct sponsorships and special law amounts from CIT, but not foreign tax credit or exemptions.
- Annual declaration: Permanent deadline June 25 (and payment).
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Microenterprises
- Qualification threshold: EUR 100,000 based on turnover (per accounting regulations), including income from fixed assets/land.
- New hire deadline (new firms): Extended to 90 days from registration.
- Employee condition: labour agreement suspension (non-medical), maxim once/year, maxim 30 days; medical – maxim 30 cumulative days/year. Exceeding → switches to CIT from next quarter.
- Return to micro: Possible if conditions met (previous restriction removed).
- Prior year financial statements: For microenterprises in 2026, submission by 31.03.2026.
- Tax base: No major changes; excludes income from expected loss adjustments on financial assets (banks/insurance).
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Individuals
- Additional deductions (EUR 400 /year/person): Extended to occupational pensions, PEPP (pan-European personal pensions), and ETF purchases (shares/bonds/titles through authorized entities, excluding transaction costs).
- Monthly deductions based on supporting documents.
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VAT
- Cash accounting threshold: Increases to RON 5,000,000 (01.03-31.12.2026) and RON 5,500,000 (from 01.01.2027).
- Eligibility: Checked on prior/current turnover option via notification by 20th of prior month.
- Deregistration: Possible anytime (except first year); deregistration if exceeds threshold.
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3% Bonus
- For CIT/Microenterprises: 3% of 2025 annual tax (including IMCA), granted ex officio by ANAF if: all declarations submitted, taxes paid on time, no fiscal debts at submission deadline.
Bonus – non-taxable income.
- For individuals:
- 3% of 2025 income tax if paid (including CAS/CASS) and Single Declaration submitted by 15.04.2026.
- Determined by taxpayer via self assessment in the Single Declaration.
- Bonus – non-taxable income.
- Procedure: to be approved by Tax Authorities’ Order within 45 days.
