Corporate Income Tax

17%

Tax relief:

• 100% of the amount invested in R&D
• up to 40% of the amount invested in equipment and intangible long-term assets  

Profit Repatriation Tax

• 0% on dividends paid abroad for EU members;
• 15% for other countries unless otherwise stated in a bilateral agreement

Capital Gains Tax

0 – 25% (depending on a holding period)

VAT (Value Added Tax)

22% - standard rate; 9.5% - reduced rate 

Property Tax

0%

Immovable Property Transfer Tax

2%

Social Security Contributions

16.1% paid by employer; 22.1% paid by employee 

Personal Income Taxes

progressive tax rates: 16%, 27%, 41% and 50%