- Romania will enforce mandatory electronic invoicing for all B2B transactions from January 1, 2024.
- This applies to both resident businesses and non-residents registered for VAT in Romania.
- A three-month grace period until April 1, 2024, ensures no penalties for initial non-compliance.
- Initially, businesses have five working days to report invoices to ANAF.
- From July 2024, a pre-clearance system will be operational, likely requiring immediate invoice reporting.
Source: pincvision.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.
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