Legally established companies in Romania and non-resident entities who are required to keep double entry accounting books are in scope for Romanian SAF-T from 1 January 2022.
The mandate is being introduced in a phased approach based on taxpayer size. SAF-T submissions are via XML and contain over 800 fields.
The aim is to remove certain declarations and to generate pre-filled returns based on the information provided by SAF-T once the project has been rolled out.
Source Sovos