my Business in Romania

How can I deduct tax for sponsorships?


  • Profit tax-paying companies


  • The updated Tax Code establishes that, in calculating the profit tax, the smallest value of the following two is tax deductible for sponsorships:

    • 0,75% of turnover (previously 0,5%)

    • 20% of profit tax


  • Important: in order to be deductible, the sponsorship must be paid before the end of the last month in the trimester

  • If the sponsorship is higher than the deductibility threshold, the amount may be recovered from the profit tax owed in the following 7 years


  • Sponsorship is a deductible expense if the places of worship / NGOs are registered with the Tax Agency ANAF in a special Register - introduced in April 2019 (details)