- 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.
