- Romania plans to increase VAT rates starting August 1, 2025
- Standard VAT rate will rise from 19 percent to 21 percent
- The 5 percent reduced VAT rate will be removed; most goods and services will move to an 11 percent rate
- Most items taxed at 9 percent will shift to 11 percent, with some exceptions
- New housing paid in advance before August 1, 2025, can still use the 9 percent rate if delivered by August 1, 2026
- Changes are part of broader tax reforms including excise duties and direct taxes
- VAT amendments have been voted in Parliament, making implementation likely
- Formal consultation period is 30 days but may be shortened due to the effective date
Source: pincvision.com
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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.
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