In Romania, a microenterprise is defined by specific criteria including annual income not exceeding EUR 500,000, ownership not held by the state or administrative units, operational status (not in dissolution), and generating over 80% of total revenue from activities other than consultancy/management, except tax consultancy. Additionally, it must employ at least one person and its shareholders can’t hold significant stakes in more than three other Romanian legal entities benefiting from the same tax system.
