The package includes both new initiatives and adjustments to existing regulations. Among the most important measures is the preservation of the zero income tax rate for undistributed profits in 2026. The benefit will be available to companies with a turnover of up to 100 million lei and up to 249 employees, which, according to the authors, will create incentives for private investment and reinvestment of profits in development.
The threshold of registration as a VAT payer will be increased from 1.2 million to 1.5 million lei, which should reduce the bureaucratic pressure on small businesses. At the same time, the government’s deputies rejected proposals to raise the threshold even more. For instance, “Our Party” presented earlier a project to raise the VAT exemption threshold to 3.2 million lei, and as a source of financing they proposed the “citizenship through investment” program with an initial contribution of 250,000 euros.
The chairman of the Economy, Budget and Finance Commission, Radu Marian, said, “A sharp increase will lead to economic agents being demotivated to expand the number of employees and develop business and the economy. In 2026, we will present a more detailed tax policy and come out with additional support measures.”
Expenditures on education and professional development up to LE 20,000 will be exempt from income tax, which is intended to stimulate the development of human capital.
Producers of electricity from renewable sources, who transfer equipment and connection lines to the grid operator free of charge, will be entitled to a tax deduction for the corresponding expenses. This measure is aimed at expanding green energy and improving infrastructure.
The package also provides for deferring the application of VAT on vehicle imports until a transparent and understandable customs clearance procedure is fully in place. In cases when the vehicle was not exported from the country within the established deadline and no longer exists (destroyed or dismantled), it is envisaged to introduce a single payment of 40,000 lei to fully settle the obligations to customs.
The draft also provides for an improved VAT refund mechanism for agricultural producers, with full reimbursement of allowable amounts and clearer and more predictable rules.
The draft was supported by 60 deputies, 8 voted against it, and another 21 abstained. It is to be adopted in the second reading.
