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Romania raises VAT registration threshold

  • EU VAT
  • 27 October 2017 | Richard Asquith

Romania raises VAT registration threshold

Romania is to increase its VAT registration threshold from RON 220,000 to RON 300,000 – approximately €65,000 to €80,000 per year.  The new annual turnover threshold will apply from 1 January 2018.

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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.