Retained
- Statutory Tax Rate25
- Surtax Based on Taxable Income0
- Surtax Based on Statutory Tax3.3
- Surtax Deductible from Taxable Income0
- Statutory Tax Deductable0
- Effective Tax Rate25.825
Statutory Tax Rate
The standard corporate tax rate is 25%.
SMEs, i.e., companies with turnover below EUR 10 million (EUR 7.63 million until 31 December 2020) and meeting certain other conditions, are subject to a reduced corporate tax rate of 15% on profits of up to EUR 42,500 (increased from EUR 38,120 effective from 1 January 2023) and at the standard rate on the excess over EUR 42,500.
Large enterprises (i.e., annual turnover of EUR 250 million or more) are assessed to corporate income tax at the unified standard rate of 25%.
Social Contribution on the Corporate Tax
Companies with turnover exceeding EUR 10 million (EUR 7.63 million until 31 December 2020) are subject to an additional social contribution on the corporate tax at the rate of 3.3% levied on that part of aggregate corporate tax liability exceeding EUR 763,000.
Surtax Based on Statutory Tax
Companies with turnover exceeding EUR 10 million (EUR 7.63 million until 31 December 2020) are subject to an additional social contribution on the corporate tax at the rate of 3.3% levied on that part of aggregate corporate tax liability exceeding EUR 763,000.
