Corporate income tax and microenterprise tax discounts between 2% and 15%

We are taking this opportunity to inform you of the legislative provisions included in the Emergency Ordinance no. 153/2020, which allows taxpayers to benefit from discounts between 2% and 15%, depending on the net asset position as reflected in the annual financial statements.

The discount is applicable to the annual corporate income tax/microenterprise tax due, subject to the fulfilment of the following conditions related to the net asset position:

  • The net assets are positive;
  • The adjusted net asset position increases on an annual basis with a minimum percentage.

Please refer to the table below for details on the system of discounts, which can be cumulated, depending on the fulfilment of the applicable conditions:

Annual discount



Positive net asset position

5% - 10%

Annual increase of the adjusted net asset between 5% - 25% or more

3% (applies starting with 2022)

Annual increase of the adjusted net asset between 5% - 20% or more, for each year during the period 2022 – 2025, compared to 2020

In the above-mentioned context, we can assist you with the following:

  • Assessing your particular situation to determine whether a tax discount can be applied;
  • Assessing the evolution of the net asset position and subsequently, the related tax discounts that the company may apply under certain scenarios;
  • Assessing the potential measures for increasing the net asset position to apply higher tax discounts.

In case this is of interest to you, please do not hesitate to contact us.