For real estate transactions, the 21% VAT rate will apply to all home sales contracts entered into after August 1, 2025.
In addition, the special additional tax of 2% on the turnover of financial institutions has been doubled to 4%. This change applies retroactively, beginning July 1, 2025. At the same time, the 2% rate still applies to financial institutions whose net assets are less than 0.2% of the total assets of the Romanian banking sector.
The additional turnover tax will apply until the end of 2026. Romania currently has two turnover taxes: 1% and 3%. The 3% turnover tax is paid by companies with an annual turnover of more than EUR 60,000 but not more than EUR 250,000. Starting January 1, 2026, this limit will be reduced to €100,000.
For dividends received after January 1, 2026, the tax will be raised from 10% to 16%. Gambling tax is raised from 3% to 4% for winnings up to MDL 10,000. Excise taxes on tobacco products, alcoholic beverages and fuel are increased.
The increase in VAT rates has already caused price increases in Romanian retail chains. This will inevitably affect the purchasing power of the population in Romania, so it will indirectly affect all suppliers. And Moldovan companies among them, experts say. Today Romania is Moldova’s main trade partner. The volume of trade with Romania increased from $1.6 billion in 2018 to $2.7 billion in 2024.
On the other hand, under the current conditions, Moldova can provide more competitive conditions for doing business, experts emphasize.
Read more about theimpact of the tax package in Romania
on business in Friday’s issue of Logos Press.
