Romanian property Romania Real Estate, Romania Property, Properties for sale Romania property
Romanian property
Romania Real Estate - Romanian Deals Contact Romanian Deals
Romanian property
Sea View Apartments Sun Garden Apartments Romanian Property Property Management
Beach Apartments Seaside Apartments
 ›   Romanian Property
 ›   Property Development
 ›   Romanian Deals Real Estate
 ›   Romanian Deals Property Rental      & Management
 ›   Romanian Deals Capital Financial      Investments & Portfolio      Management
 ›   Romanian Deals Consultants
 ›   Romanian Deals Events
 ›   Romdeals Tourism Bookings
Romania propertyDisclaimer Tax information for Romania investment

Tax information for Romania investment

Income Tax 16% flat rate

Romania has a flat income tax rate of 16%. For rental income, the taxable amount is determined by deducting a 30% expense quota from the gross income. Tax on rental income is determined by levying 16% on the taxable amount. As part of our inclusive service for buying in Romania we can offer you discounted rates with a well-respected English speaking accountant who will be able to manage your tax returns on your behalf. Unless you have any other income streams in Romania this is simple and inexpensive.

Capital Gains Tax (CGT) 16%

The standard rate of capital gains tax in Romania is 16%. However, this can be reduced if the sale of buildings with land that have been held for more than three years. The final tax can be reduced as low as 2%! As of January 1, 2007, this will change as follows:

  • The proceeds from the sale of buildings with land sold within 3 years will be subject to tax at the rate of 3% on the value of the sale up to 200,000 RON and at the rate of 2% on the value of the sale over 200,000 RON*.
  • The proceeds from the sale of buildings with land sold after 3 years will be subject to tax at the rate of 2% on the value of the sale up to 200,000 RON and at the rate of 1% on the value of the sale over 200,000 RON*.
*200,000 RON is roughly GBP 38,500

Building Tax 0.1%
Romania has a building tax ranging between 0.1% and 0.4% of the value of the building. As of January 1, 2007, building tax will be 0.1% of the value of the building regardless of its location. Owners of more than one building will pay an increase in tax for each building. The tax will be increased to 0.115% for the second building; 0.15% for the third building; and 0.175% for the fourth. For the fifth and subsequent buildings the tax will be increased to 0.2%.

Land tax
Land owners are liable to pay a tax on land calculated upon the size of the plot and depending on the location of the land.

VAT - 19%
VAT is applied to all newly constructed properties in Romania at the standard rate of 19%. The VAT is always being advised in the prices advertised by Romanian Deals. In Romania, the prices advertised often exclude VAT.

Stamp duty and notary fees- 1-3%
The sale and purchase of real estate located in Romania is subject to stamp duty and a notary fee. The duty is charged as a percentage of the value of the transaction (the rate is approximately 0.5% to which the notary's fee is added). The notary fee usually equates to a similar figure as the duty.

Contact Romanian Deals

Romanian property
  Sun Garden Apartments Romanian Apartments  

Romania Real Estate. Romania Property:

Romania Black Sea Property:

Romania Houses Romanian Apartments:

  Romanian property for sale
Property in Romania
Brasov property
Properties in Romania
Off-Plan Property North Bucharest
Off-Plan property Black Sea Romania
Property Purchase Procedure in Romania
Mortgages for Romanian property
Buying Romanian property
Romania Property Viewing Trips
Romanian Black Sea by Romanian Deals
Black Sea View Romania apartments
Beach front property Romania
Sun Garden Romania beach apartments
Costinesti Romania investment project
Romania Black Sea coast apartments
NEW Special offer: your own dream
apartment at Sun Garden Romania

Romania seaside apartment
Black Sea coast land for development
Property rental in Romania
Apartments Costinesti Romania
Apartments Bucharest
Apartments Brasov
Apartments Constanta
Apartment rental in Romania
Villa in Romania
House in Romania
Villa in residential developments
North Bucharest house villa

Romania Real Estate:

Romania by Romanian Deals:

Bucharest Land Investment:

  Bucharest Real Estate
Brasov Real Estate
Black Sea Coast Real Estate
Romania Real Estate
Romanian Deals Real Estate Agents
Romania Real Estate News
Romania tourist guide Romania real estate
Constanta Property management in Romania
Romanian Black Sea coast Property in Romania
Short Guide Property for sale in Romania
Cheap flights to Romania Romania property
Romanian Food and Wine Romanian property
Bucharest Land
North Bucharest Land for sale
Romania Land
Romania Land Investment
Seaside land in Romania
Beach seaside land in Romania

Romanian Deals services:

Romania Property Management:


  Romanian law services
Romanian law property
Accounting services in Romania
Tax in Romania
Company set up in Romania
Company administration in Romania
Romania lawyers
Lawyers Bucharest
Attorney Romania
Relocation services in Romania
Property management Property Rental in Romania
Snagging Of New Build Properties in Romania
Utilities/bill management of your Romanian property
Furnishing of your property in Romania
Property insurance in Romania
Maintenance and repair services for your property
Cleaning and laundry services for your property
Apartment administration in Romania
Property Management Bucharest
Property Management in Brasov
Accommodation in Romania
Accommodation in Bucharest
Accommodation in Brasov
Accommodation in Costinesti
Accommodation in Constanta
Accommodation in Mamaia
Accommodation in Eforie Nord
Acommodation in Romania Black Sea Coast
Apartamente la mare
Apartamente pe litoral

Property Rentals in Romania:

Romania Real Estate Romania property: Tax information for Romania investment
Our network: Romania property | Cazare Costinesti | Cazare Litoral | Cazare Munte | Cazare Brasov
F.A.Q. | Investment in Romania | Disclaimer | Terms | Testimonial | Contact Romanian Deals
Copyright © Romanian Deals 2005-2013. Romania Real Estate. Romania Property.
  Letting/Reselling Your Romanian Property
Property Rentals Romania
Property Rentals Bucuresti
Property Rentals Brasov
Property Rentals Constanta
Property Rentals Costinesti