- Romania has enacted new e-invoicing rules, effective from January 2024.
- Businesses must transmit their invoices through the RO E-Factura system within 5 calendar days from the invoice issuance date, starting from July 2024.
- Exemptions from e-reporting and e-invoicing obligations are now clearly defined.
- Non-compliance with e-invoicing requirements will result in penalties, ranging from 1,000 lei to 10,000 lei, depending on the taxpayer’s size.
- Other fines for non-compliance will come into effect from April 2024.
- Businesses need to prepare their systems to comply with these changes to avoid penalties.
Source: fonoa.com
Click on the logo to visit the website
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"
- Romania – VAT law – Law 227/2015 updated 2023
- Romania Modernizes Tax Registration with Electronic Certificates and Enhanced Digital Services
- Romania Raises VAT Cash Accounting Thresholds Under 2026 Economic Recovery Ordinance
- Romania Announces March 2026 Tax Registration and Filing Deadlines for VAT and Other Taxes
- Cash Register and POS Obligations for Occasional Cash Receipts: Legal Requirements and Tax Risks
