- In Romania, the e-Invoice system was introduced in 2020, making e-Invoicing mandatory for all entities based in the country for B2B transactions as of January 1, 2024.
- A grace period was provided until May 31, 2024, for companies to align their systems for e-Invoice issuance, during which no penalties were imposed.
- However, non-compliance after the grace period may result in fines ranging from 1,000 RON to 10,000 RON, depending on the company size.
- Access to the national e-invoicing system can be obtained through the Virtual Private Space (SPV) web page or the shared API.
- Taxpayers can submit their e-invoices through these channels, and incoming invoices can be received automatically via APIs or downloaded from SPV within 60 days.
Source SNI
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