Romania enforces strict cash collection and payment ceilings under Law 70/2015 and its amendments, which remain applicable for 2024. Legal entities are limited to daily cash transactions of 5,000 lei per person for business-to-business operations and 10,000 lei for transactions with individuals. Read more

Romania has amended its Fiscal Code to make printing fiscal receipts optional for transactions paid with credit or debit cards, starting December 26, 2024. Customers can still request a printed receipt, but in its absence, a bank statement will serve as proof of purchase. This change aims to reduce administrative burdens while maintaining consumer rights and business flexibility. A recent legislat... Read more

The Romanian Tax Authority has published a guide to the use of codes dedicated to invoice types of the various VAT categories, as well as other rules, in the national system regarding the electronic invoice RO eFactura, i.e., the Romanian e-Invoicing system. Read more

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

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

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