More Romanian companies are considering moving their tax residence to countries such as Bulgaria or Cyprus, but tax risks remain.

Recent tax changes are prompting Romanian companies to consider relocating their tax residence to countries with more favorable regimes, such as Bulgaria or Cyprus. Economic analyst Adrian Negrescu warns that while these options may seem attractive, taxes are not necessarily lower and the Romanian state will continue to tax activities carried out on its territory. Negrescu advises entrepreneurs to conduct impact studies before making such a move and suggests working with the authorities to improve the business environment.