With the most significant VAT gap in the EU (34.9% in 2019), Romania has been moving towards introducing a continuous transaction control (CTC) regime to improve and strengthen VAT collection while combating tax evasion.
The main features of this new e-invoicing system, e-Factura, have been described in an earlier blog post. Today, we’ll take a closer look at the roll-out for B2B transactions and the definition of high-fiscal risk products, as well as the new e-transport system that was introduced through the Government Emergency Ordinance (GEO) no. 130/2021, published in the Official Gazette on 18 December.
Source: SOVOS
Latest Posts in "Romania"
- E-Invoice 2026: New Deadlines, Non-Resident Rules, and Individual Registration Requirements
- Romania Updates RO e-Factura Rules for 2026: Expanded Scope, Easier Deadlines, Less Compliance Burden
- Romania Digitizes Postponed Import VAT Accounting for VAT-Registered Importers from November 2025
- Romania: New 2026 RO e-Factura Deadlines—Calendar vs. Working Days Explained
- Romania Clarifies 2026 E-Invoicing Rules: Unified Deadlines and New Registration for Individuals
