Fiscal subject related
Other news from Romania
Additional clarifications from Romanian authorities on handling simplified invoices with additional data needed from 2025.
Starting January 2025, simplified invoices in Romania for both B2B and B2C transactions must include additional details, such as the VAT or tax identification code of the beneficiary, and be submitted to the e-Invoice system unless classified as tax receipts. Read more
Key amendments and e-invoicing updates in Romania approaching 2025.
Romania's Ministry of Finance has proposed updates to e-invoicing regulations, set to take effect in January 2025, including eliminating the obligation to use RO e-Invoice for certain non-taxable transactions outside Romania. The draft law introduces mandatory e-invoicing for simplified invoices while exempting tax receipts issued via fiscal devices and intra-community deliveries exempt from VAT. Read more
Clarifying Romania's e-invoicing requirements and how they impact B2C transactions in 2025
Romania's e-invoicing requirements for business-to-consumer (B2C) transactions, effective January 1, 2025, mandate the submission of invoices in the RO e-Invoice system only for specific cases defined by law. Read more
The QR code requirement on fiscal receipts status and deadline announcement by the Romanian government
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
New document was uploaded: Recorded webinar: E-invoicing for Global Retailers
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
A proposal for VAT in the digital age (ViDA) has been approved.
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