No change for dispatches and arrivals of goods across EU reporting thresholds 2025 Romania has gazetted a freeze in the Intrastat thresholds from 1 January 2025. The thresholds will remain as: Arrivals – RON 1 million per annum Dispatches – RON 1 million per annum
RO eVAT pre-filled returns 1 August 2024 – fines further delay till July 2025 The Ministry of Finance has indicated that it will extend for a further six-months the soft-launch of pre-filled VAT returns. Under the proposals, there will be no penalties until 1 July
Prime Minister say no 2025 2% VAT rate rise to curb debt The Romanian Prime Minister, Marcel Ciolacu, has ruled out a 2025 Value Added Tax standard rate rise. The current rate is 19%, and the country was reported at implementing a 2% rise. This
1 January 2025: Romanian SAF-T monthly transaction reporting extended to VAT registered non-residents The Romanian National Agency for Fiscal Administration (ANAF) is extending its monthly Standard Audit File for Tax (SAF-T) report to foreign, VAT-registered businesses. This will apply from 1 January 2025. Reports are
2024 eFactură B2B e-invoicing regime to be extended to B2C January 2025 Following B2B e-invoicing going mandatory on 1 July 2024, the Romanian Ministry of Finance has announced plans to extend its new B2B e-invoicing to B2C transactions from 1 January 2025. It will be
Tax authorities deploy AI machine learning and RPI to detect VAT fraud Romania’s Minister for Digitalisation has claimed that the use of Artificial Intelligence machine learning and Robotic Process Automation (RPA) has increased the country’s VAT receipts by between 0.9% and 1.0%. The tax office
Government to scrap most 5% reduced rate, moving most supplies to the standard 19% rate from 1 January 2024 The Romanian parliament has published a Bill reclassifying restaurant, catering and cultural (theatre; cinema) services from the reduced rate of 9% to the standard VAT rate
Ministry of Finance recategorises range of supplies VAT rate The ruling Romanian coalition government has presented a range of fiscal reforms to Parliament. This includes raising VAT rates on a range of supplies. Check our live global VAT rate database. The following will be reclassified
January 2023 rate rises to sparkling drinks, hotels and catering VAT The VAT amendments to the fiscal code have been agreed for 1 January 2023 Fizzy drinks reclassified from 9% reduced VAT rate to standard 19% rate. Hotel and similar short-term accommodation raised from 5%
