- 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.
Latest Posts in "Romania"
- Eligibility and Application Rules for the VAT Cash Accounting System in Romania
- Romania Launches Advanced Tax Audits Targeting Large Taxpayers with Digital Compliance Tools
- Digital VAT Deferral Certificate: New 2025 Technical Rules for Customs Applications and Management in Romania
- Intermediaries in Supply Chains: Remunerated Services Under Article 26 VAT Directive? CJEU, 2025
- Romania Sets Technical Rules for Customs VAT Payment Postponement Certificate System
