- VAT in Romania will increase to 21 percent starting 1 August 2025
- A new reduced VAT rate of 11 percent will replace the previous 5 percent and 9 percent rates
- The 11 percent rate will apply to medicines, certain food products, water supply, agricultural inputs, books, cultural site access, firewood, thermal energy, social housing, hotel accommodations, and restaurants
- The 9 percent reduced rate for housing will be abolished
- Buyers with a pre-contract and a 20 percent deposit before 1 August 2025 can still benefit from the reduced rate
Source: asd-int.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.
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