Emergency cut from reduced VAT rate of 9% to 6% Dec 2024 An emergency period VAT rate cut for the hospitality sector from 16 December 2024. The new rate will be the lower reduced rate of 6%. Hospitality was originally subject to the 5% rate
Jan 2025: eFactură B2B e-invoicing regime extended to B2C; Simplified invoices; relaxed penalties Following B2B e-invoicing going mandatory on 1 July 2024, the Romanian Ministry of Finance has confirmed in draft Emergency Ordinance a number of new requirements from 1 January 2025. The full, eFactură
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
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
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%
