Romania - Ease of doing business

New business density (new registrations per 1,000 people ages 15-64)

New business density (new registrations per 1,000 people ages 15-64) in Romania was 6.23 as of 2020. Its highest value over the past 14 years was 7.54 in 2017, while its lowest value was 3.74 in 2010.

Definition: New businesses registered are the number of new limited liability corporations registered in the calendar year.

Source: World Bank's Entrepreneurship Survey and database (http://www.doingbusiness.org/data/exploretopics/entrepreneurship).

See also:

Year Value
2006 6.35
2007 7.12
2008 7.11
2009 4.05
2010 3.74
2011 4.78
2012 4.50
2013 4.43
2014 4.18
2015 4.82
2016 5.58
2017 7.54
2018 7.32
2019 7.46
2020 6.23

Time to obtain an electrical connection (days)

Definition: The average wait, in days, experienced to obtain an electrical connection from the day an establishment applies for it to the day it receives the service.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2002 18.50
2005 23.60
2009 42.00
2013 50.90
2019 32.80

Power outages in firms in a typical month (number)

Definition: Power outages are the average number of power outages that establishments experience in a typical month.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2009 1.60
2013 1.30
2019 1.20

Firms experiencing electrical outages (% of firms)

Definition: Percent of firms experiencing electrical outages during the previous fiscal year.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2009 58.00
2013 63.80
2019 51.10

Time required to get electricity (days)

The value for Time required to get electricity (days) in Romania was 174.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 213.00 in 2013 and a minimum value of 174.00 in 2014.

Definition: Time required to get electricity is the number of days to obtain a permanent electricity connection. The measure captures the median duration that the electricity utility and experts indicate is necessary in practice, rather than required by law, to complete a procedure.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2009 209.00
2010 209.00
2011 204.00
2012 213.00
2013 213.00
2014 174.00
2015 174.00
2016 174.00
2017 174.00
2018 174.00
2019 174.00

Firms that do not report all sales for tax purposes (% of firms)

Definition: Firms that do not report all sales for tax purposes are the percentage of firms that expressed that a typical firm reports less than 100 percent of sales for tax purposes; such firms are termed "informal firms."

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2002 43.51
2005 26.27

Firms visited or required meetings with tax officials (% of firms)

Definition: Percent of firms that were visited or required to meet with tax officials.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2009 67.20
2013 58.50
2019 35.80

Firms that spend on R&D (% of firms)

Definition: Percent of firms that spend on research and development.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2013 11.30
2019 7.10

Firms experiencing losses due to theft and vandalism (% of firms)

Definition: Percent of firms experiencing losses due to theft, robbery, vandalism or arson that occurred on the establishment's premises.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2009 12.10
2013 14.90
2019 6.00

Firms expected to give gifts in meetings with tax officials (% of firms)

Definition: Firms expected to give gifts in meetings with tax officials is the percentage of firms that answered positively to the question "was a gift or informal payment expected or requested during a meeting with tax officials?"

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2002 36.10
2005 27.40
2009 12.10
2013 6.30
2019 5.00

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Romania was 3.40 as of 2019. Its highest value over the past 14 years was 37.50 in 2006, while its lowest value was 3.40 in 2019.

Definition: Labor tax and contributions is the amount of taxes and mandatory contributions on labor paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 37.50
2006 37.50
2007 34.40
2008 34.20
2009 34.20
2010 32.30
2011 31.80
2012 31.50
2013 31.50
2014 31.50
2015 30.00
2016 25.80
2017 25.80
2018 25.80
2019 3.40

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Romania was 1.00 as of 2019. Its highest value over the past 14 years was 1.90 in 2018, while its lowest value was 1.00 in 2005.

Definition: Other taxes payable by businesses include the amounts paid for property taxes, turnover taxes, and other small taxes such as municipal fees and vehicle and fuel taxes.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 1.00
2006 1.00
2007 1.00
2008 1.00
2009 1.10
2010 1.10
2011 1.10
2012 1.20
2013 1.00
2014 1.00
2015 1.00
2016 1.90
2017 1.90
2018 1.90
2019 1.00

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Romania was 15.60 as of 2019. Its highest value over the past 14 years was 17.20 in 2005, while its lowest value was 9.70 in 2006.

Definition: Profit tax is the amount of taxes on profits paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 17.20
2006 9.70
2007 10.20
2008 10.20
2009 10.20
2010 10.50
2011 10.60
2012 10.70
2013 10.70
2014 10.70
2015 10.90
2016 12.30
2017 12.30
2018 12.30
2019 15.60

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment