Romania has introduced several tax changes for 2024. Some of the main changes include:
- An increase in the VAT rate from 5% to 9% for supplies of:
- social housing;
- certified high-quality food;..
- An increase in the VAT rate from 9% to 19% for supplies of non-alcoholic beer and food with added sugar…
- The repeal of the VAT exemptions for supplies to public hospitals, including construction, rehabilitation, and modernization services…
- The requirement for all companies established in Romania and non-residents registered for VAT in Romania to use the national electronic invoicing system (RO e-Factura) in respect of taxable…
The tax changes apply from 1 January 2024.
Source: Orbitax
