Company formation in Romania
Romania has a corporate tax rate of 16%, which is one of the lowest in the European Union. Companies that operate under VAT have to pay tax on purchases at 19%. Certain services, like those related to foodstuffs, pharmaceutical products, medical equipment for disabled persons, books, newspapers and periodicals, hotel accommodation, and others, benefit from a 9% VAT rate.
https://www.confiduss.com/en/jurisdictions/romania/business/company-formation/