The Romanian government, through Government Emergency Ordinance No. 69/2024, mandates the inclusion of QR codes on fiscal receipts containing key details such as issuance time and fiscal series, aimed at enhancing tax compliance. Due to technical challenges and ongoing discussions with stakeholders, businesses have until September 1, 2025, to comply without penalties. Read more

If you are struggling with complex e-invoicing implementations across multiple countries, and if you are concerned about mounting costs, potential delays, or compliance risks, our webinar will help you to learn how global retailers can streamline e-invoicing efficiently! With countries worldwide mandating e-invoicing, international retailers face unique challenges adapting to new regulations acros... Read more

Romania has extended the deadline for penalties related to equipping vending machines with electronic fiscal cash registers until December 31, 2024, but only for operators who have signed contracts for purchasing and installing these devices by that date. Read more

The EU's Economic and Financial Affairs Council (ECOFIN) has approved the Value Added Tax in the Digital Age (ViDA) proposal, aiming to modernize VAT rules and combat tax fraud. ViDA introduces key measures like Digital Reporting Requirements (DRR), VAT collection for the platform economy, and expanded Single VAT Registration, with implementation planned from 2027 to 2035. Businesses must prepare... Read more

The taxable person who has the obligation to issue invoices, as well as the taxable person who chooses to issue the invoice according to the law, may issue a simplified invoice in Romania when the value of the invoices, including VAT, is not more than 100 euros. Read more

Companies in scope risk penalties beginning from October 1, 2024, if they fail to set up electronic cash registers in their food and beverage vending machines in Romania. If they don't comply, what penalties could they face is defined by the ANAF as the Romanian Tax Authorities. Read more