Key takeaways
- Romania has a standard VAT rate of 19%, two reduced rates of 9% and 5%, as well as VAT exemptions.
- Businesses must register for Romanian VAT when their annual sales exceed RON 300,000 or €10,000 in distance sales. Periodic returns are required to be submitted by the 25th of each month.
- Professional advice should be sought to ensure compliance with penalties enforced for non-compliance including late payment fees and misdeclaration penalties.
Source Taxually
See also
Latest Posts in "Romania"
- New ECJ VAT Case T-680/25 (Mercedes Benz) – No details known yet
- Romania Increases Reduced VAT Rate on Agricultural Products and Services to 11%
- Romania Delays E-Invoice Requirement for Farmers and Cultural Institutes Until June 2026
- ANAF Implements New Procedure for Reporting Late e-Invoice Submissions by Suppliers
- Romania Launches SAF-T Pilot Program to Enhance VAT Compliance Through Digital Controls
