Parliament approved in the first reading the fiscal simplification package and business support measures, with 60 MPs voting in favor. A group of MPs from the Action and Solidarity Party (PAS) drafted the initiative.
PAS deputy Victoria Belous, one of the authors, stated that the draft “eliminates legislative inconsistencies, clarifies procedures, and introduces essential measures to support companies and citizens.”
One of the key provisions extends the zero percent tax rate on undistributed profit for one more year, until 2026. This measure targets companies with an annual turnover of up to 100 million lei and up to 249 employees.
“Businesses need more support measures, and extending the income tax deferral for enterprises that do not distribute profit is one of them. This will allow companies to reinvest funds into development and expansion,” Victoria Belous said during the plenary session.
She added that more than 7,000 companies have already benefited from this fiscal policy in recent years.
The draft also introduces support for renewable energy producers, who will be able to deduct expenses related to the free transfer of installations, power lines, or transformer stations.
“We propose allowing renewable energy producers to deduct expenses when they transfer necessary infrastructure free of charge, in accordance with the electricity law,” Belous noted.
Another provision offers every individual the option to deduct their own education expenses as well as their children’s.
“For citizens, we propose two essential measures. The first extends education expense deductibility: not only for children but also for one’s own studies. We propose an annual cap of 20,000 lei,” the deputy said.
The draft also proposes raising the value-added tax (VAT) registration threshold from 1.2 million to 1.5 million lei.
“This measure reduces the administrative burden on small and medium-sized enterprises and simplifies tax administration. Farmers and small entrepreneurs will benefit most,” Belous added.
She also highlighted a solution for individuals who brought cars with foreign license plates before June 30, 2025, and did not remove them in time.
“For those who have scrapped or dismantled their cars, we propose a two-year period during which they can pay a one-time fee of 40,000 lei to settle customs obligations,” Belous said.
Once finalized, the draft law will move to Parliament for examination in the second reading. The amendments are set to enter into force on January 1, 2026.