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Romania 2018 VAT registration threshold rise

  • EU VAT
  • 09 April 2018 | Richard Asquith

Romania 2018 VAT registration threshold rise

Romania has introduced a retrospective rise in its VAT registration threshold for resident businesses. From 1 January 2018, it was increased from €65,000 per annum to €88,500 per annum.

The European Commission last year authorised Romania to implement the rise as a variation on the Article 287 rules of the EU VAT Directive.

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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.