The Ministry of Finance has introduced a law called e-Factura System, which outlines the scope of the Romanian e-Invoicing System. This requirement applies to both resident and non-resident businesses registered for VAT. From January 1 to June 31, 2024, an offline invoice reporting system will be available. Penalties for non-compliance with e-Invoice regulation will not be enforced during the first three months of 2024. Mandatory e-Invoice submission will begin in July 2024 through a public platform, serving as a clearance model.
Source SNI
Click on the logo to visit the website
Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "Romania"
- Tourists in Europe Can Reclaim VAT on Shopping, but Many Miss Out
- ANAF to Pre-fill VAT Return Using SAF-T Data in Pilot Program
- Romania Expands RO e-Invoice Registration: New Form 082, More Entities Required by 2025-2026
- Antreprenorii Must Know Their Businesses: SAF-T Reveals More, But Doesn’t Help Struggling Companies
- Romania Eases RO e-Invoice Rules for Small Businesses and Individuals
