The Minister of Finance, Alexandru Nazare, stated on Thursday that he presented in the Government meeting the project for economic recovery and increasing Romania's competitiveness, a project that will be published shortly on the ministry's website.
“I would like to thank the companies, from large companies to SMEs, and the Romanians for their support during this period of fiscal adjustment and consolidation. The result we managed to achieve last year was based on their sacrifice and support, a cash deficit of 7.6%, below the target negotiated with the European Commission, of 8.4%”said Minister Alexandru Nazare.
Key statements:
– Complementary to this project, we also implemented the measures from December. For large companies, the turnover tax was low, and from this year it reached 0.5%
– In the relaunch plan, we have a fiscal component and one for the resettlement of support for companies
– We are moving the spotlight on quality and on strategic areas where Romania has important interests
– We introduce new concepts and new ways of financing, so as to attract investments in Romania and develop new ones
On the side of fiscal measures:
– we solve the problem of loans to support research and development. We introduce a tax credit of 10%. It will also be developed on the side of support schemes
– We will increase the attractiveness of the facility of the invested profit.
– super discounts for companies that want to list. They will have deductions both in the year before listing and in the year of listing
– we allow the return to micro under certain conditions
– we solve the problem of medical leaves
– we managed to pay the bonuses for more than 150,000 companies and we resume this measure in 2026 and add a bonus for individuals as well, if they pay on time
– for small and medium-sized companies we will increase the ceiling for VAT payment on receipt
– we establish the support program for projects in Public Private Partnership and including mechanisms by which they are selected and approved by the Government
State aid schemes:
– it must cover small projects as well as strategic ones
