Romania

An Emergency Ordinance has been issued in Romania establishing a “National System for the monitoring of road transports of goods with high fiscal risk on the national territory” (RO e-transport)....Continued

The official Gazette on November 8, 2021 published the Minister of Finance’s Order approving the procedure for the use and operation of a new national system of electronic invoicing – the RO e-Factura...Continued

Romania’s threshold for small businesses to use the simplified cash-based VAT reporting threshold has been increased from RON 2.25m to RON 4.5m per annum. Cash based reporting enables small businesses...Continued

The Romanian Ministry of Finance has announced Value Added Tax and other tax easements during the Covid-19 outbreak. ...Continued

The European Commission is to agree to Romania extending its existing VAT registration threshold until 31 December 2021. Romania introduced the current threshold on 1 January 2018...Continued

Romania is scrapping its anti-VAT fraud split payment regime from 1 February 2020. This is following a November 2018 EU Commission warning that it was not compatible with the EU VAT Directive and the ...Continued