- those which by the 31st of December 2016 were paying corporate tax and were meeting conditions for specific tax (Law 170/2016);
- those which by the 31st of December 2016 obtained income of between EUR 100,001 and EUR 500,000, also meeting all other conditions for being a micro‐enterprise.
As a consequence of this change, taxpayers should update their fiscal status (vector fiscal) by the 25th of August 2017. By derogation from the usual submission deadline for form 100 (the 25th of July 2017), specific tax and corporate tax related to the period between the 1st of January and the 31st of July 2017 will be declared and paid by the 25th of August 2017. The specific tax will be calculated by multiplying the determined value by 0.58 (calculated as 212 days from the period 1 January‐31 July 2017 divided by 365 days).
Starting the 1st of October 2017, income from provisions and adjustments for depreciation or loss of value constituted during the period when the Romanian legal entity was subject to micro-enterprise tax regime are also deducted from the tax base. Previously, the deduction of this income was only permitted if they were non‐deductible for corporate tax calculation purposes.