Romania - Country Commercial Guide
Trade Agreements
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Romania has signed several bilateral Double Tax Agreements (DTAs) following the OECD model. The DTAs prevail over domestic legislation (a certificate with the foreign fiscal residency to be presented to the Romanian tax authorities [ANAF]). A reduced level of withholding taxes applies to companies based in a country with DTAs agreement in force.

EU preferential commercial agreements, benefiting Romania:

  • EU’s Generalized Scheme of Preferences (GSP) removes import duties from products coming into the EU market from vulnerable developing countries.
  • Euro-Mediterranean partnership
  • EC regulation no. 55/2008 introducing autonomous trade preferences for the Republic of Moldova:
  • Partnership agreements between the EU and ACP countries (West Africa, East Africa, Southern Africa and Indian ocean, Central Africa, Africa, Caribbean and Pacific, Asia, Central Asia, Middle East/Gulf, Pacific, Latin America, Caribbean, Overseas Countries and Territories)
  • TTIP (The Transatlantic Trade and Investment Partnership) - The TTIP negotiations were launched in 2013 and ended without conclusion at the end of 2016. A Council decision of 15 April 2019 states that the negotiating directives for the TTIP are obsolete and no longer relevant. EU negotiating texts in TTIP

Relevant sources @Trade_EU: