- Romania has announced new steps and a timeline for implementing the countrywide e-invoicing mandate.
- The mandate will become mandatory for all taxpayers established in Romania and subject to existing e-transport obligations from January 1, 2024.
- It will also become mandatory for all non-established taxpayers in Romania with RO VAT registration from the same date.
- Sanctions and penalties for non-compliance will be applicable from April 1, 2024.
- From July 1, 2024, the mandatory exchange of e-invoices through the RO e-invoice system will be required for all B2B transactions and all taxpayers established in Romania.
- The timelines are considered short, and businesses have limited time to comply.
- Discussions and amendments are still possible, considering the size of the project.
- The draft law on the e-invoicing mandate was adopted on September 19.
Source: fiscal-requirements.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Romania"
- Romania Proposes Mandatory Repairability Index Label for Electrical and Household Appliances in Retail Stores
- Romania Adopts Fiscal Ordinance: Tax Cuts, VAT Simplification, Social Support, and Construction Tax Repeal
- Romania Updates VAT Import Scheme: New Eligibility, Notification Rules, and Authorization Number Format
- Updated Procedures for VAT Registration, Deregistration, and Reporting
- ECJ C-280/25 (Lin II) – AG Opinion – Member States define serious fraud, even below €50,000 threshold
