- Romania’s new fiscal law effective August 1, 2025
- Standard VAT rate increases from 19 percent to 21 percent
- Reduced VAT rates of 5 percent and 9 percent consolidated into a single 11 percent rate
- 11 percent VAT applies to food, medicines, housing, cultural services, and hospitality
- Raw materials taxed at 21 percent, affecting pricing and refunds
- Fiscal package signed by Romania’s president and published in the Official Gazette
- HoReCa sector maintains 11 percent rate for now
Source: fiscal-requirements.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.